Niyo addresses key concerns of parents and students beyond finance
FinTech BizNews Service
Mumbai, August 25, 2025: Niyo – India’s pioneering travel-fintech platform – has emerged as a trusted companion for over 5 lakh Indian students studying in more than 20 countries. Beyond simplifying cross-border financial journeys, Niyo is now addressing broader concerns that both students and their parents face during the critical transition to life abroad.
Building on its deep insights into student experiences, Niyo has launched the Premium Student Plan – a purpose-built solution that goes beyond finance to support smoother adaptation, ease anxieties, and empower students to focus on their academic and personal growth. The plan not only tackles common financial pain points such as high forex conversion charges, ATM withdrawal fees, and costly flight bookings but also extends to practical challenges like staying connected immediately upon arrival in a new country.
The plan combines smart financial tools with practical lifestyle benefits. At its core is Niyo’s Zero Forex Markup Card, ensuring students save on every international transaction without hidden charges. To ease the stress of arriving in a new country, Niyo offers a complimentary international eSIM with 1 GB of data for the first 24 hours, enabling students to contact family, book transport, and navigate seamlessly from the moment they land. Recognising the anxiety around accessing cash overseas, the plan also includes three free international ATM withdrawals per quarter, reimbursed as Niyo Coins. Students are welcomed with bonus Niyo Coins redeemable for flights and hotel bookings within the app. In addition, all flight bookings made through the Niyo app carry zero convenience fees, saving students more than ₹700 on each booking. Together, these features position the plan as more than just a financial product—it becomes a holistic support system for students and peace of mind for parents.
Niyo’s student offerings have already been adopted widely, with the UK accounting for the largest share (~25%), followed by the USA, Germany, France, and countries offering MBBS programmes such as Georgia, Kyrgyzstan, and Kazakhstan. With this growing base, Niyo continues to enhance features that reflect the real-life needs of students abroad.
Vinay Bagri, CEO & Co-founder, Niyo, said, “Studying abroad is a life-changing milestone for students, but it can also be an anxious time for parents. At Niyo, we understand the emotional and practical challenges that families face during this transition. Our Premium Student Plan has been carefully crafted to make this journey smoother, safer, and more rewarding so students can focus on learning and living, while parents can feel reassured that their child’s finances are in good hands. We will continue to innovate with features that address the unique needs of students, ensuring they feel supported and connected, wherever they study in the world.”
With this initiative, Niyo reinforces its positioning not just as a financial services provider but as a safety net for students and peace of mind for parents. By blending cost-saving features, digital-first banking, and thoughtful travel benefits, Niyo is setting new benchmarks in how fintech can support global education aspirations.
As the number of Indian students heading overseas continues to rise, Niyo is committed to expanding its offerings, tapping into student feedback, and ensuring that neither financial hurdles nor practical concerns stand in the way of global dreams.
