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BUSINESS·2 min read·Aug 13, 2025

Niyo’s Game-Changer Move: Acquires Forex Giant Kanji, Names Banking Veteran Amit Talwar as CEO — Here’s Why This Matters for Indian Travelers

Travel Fintech Shakeup! Niyo Snaps Up Kanji Forex and Taps Banking Legend Amit Talwar to Supercharge Cross-Border Payments In a bold move set to disrupt India’s forex and travel fintech space, Niyo has just acquired the iconic Kanji Forex—a company with almost 90 years of legacy in foreign currency

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Travel Fintech Shakeup! Niyo Snaps Up Kanji Forex and Taps Banking Legend Amit Talwar to Supercharge Cross-Border Payments

In a bold move set to disrupt India’s forex and travel fintech space, Niyo has just acquired the iconic Kanji Forex—a company with almost 90 years of legacy in foreign currency services. But that’s not all. Niyo has also brought onboard banking heavyweight Amit Talwar as CEO to lead its newly minted forex powerhouse.

If you’re an Indian traveler, student, or professional who deals with cross-border payments, this news could redefine your entire forex experience. Here’s why.


Why Kanji Forex? The 1935 Legend Joins the Digital Revolution

Kanji Forex isn’t just any forex company — it’s one of India’s oldest and most trusted foreign exchange providers, serving banks and customers since 1935. Now, with Niyo’s backing and digital muscle, Kanji is gearing up for a major expansion across India.

  • More physical touchpoints for forex needs
  • Robust B2B partnerships to widen reach
  • Integrated offline + digital services for maximum convenience

Meet Amit Talwar — The Man Powering Niyo Forex’s Next Leap

Bringing 27+ years of banking expertise, Amit Talwar’s resume reads like a fintech playbook.

  • Former IndusInd Bank leader spearheading blockchain and global remittances
  • Veteran ICICI Bank executive with experience across India and UK markets
  • Known for driving cutting-edge transaction banking solutions

Under Talwar’s stewardship, Niyo Forex is poised to innovate faster and serve customers better—especially in the competitive world of foreign exchange.


What This Means for You: The Ultimate Forex Experience for Indian Travelers

Niyo’s acquisition of Kanji Forex means a full-stack forex offering under one roof, including:

  • FX cash and cards for seamless travel spending
  • Easy and secure outward remittances for students, professionals, and NRIs
  • A hybrid offline-online platform combining Kanji’s trusted presence with Niyo’s digital-first approach

With an AD Category 2 license allowing this comprehensive service portfolio, Niyo is set to become your go-to global banking platform.


The Bigger Picture: Niyo’s Vision to Rule the Global Banking Space

This isn’t just about forex. The acquisition and leadership changes underscore Niyo’s ambition to build a one-stop global banking ecosystem for Indians venturing abroad—whether for travel, education, or work.

If you thought cross-border payments were complicated and costly, get ready for a slick, streamlined, and transparent new era.




Amit Talwar CEO
No. The desk answers

Reader questions.

About Niyo’s Game-Changer Move: Acquires Forex Giant Kanji, Names Banking Veteran Amit Talwar as CEO — Here’s Why This Matters for Indian Travelers — five of the most-asked, in the desk's own words.

  1. 01What is this story about?
    Travel Fintech Shakeup! Niyo Snaps Up Kanji Forex and Taps Banking Legend Amit Talwar to Supercharge Cross-Border Payments In a bold move set to disrupt India’s forex and travel fintech space, Niyo has just acquired the iconic Kanji Forex—a company with almost 90 years of legacy in foreign currency
  2. 02Who wrote it?
    The Entrepreneur Story · Staff. 2 min read · Aug 13, 2025.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
  4. 04How do I get the rest?
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