Moneyview turns unicorn, buys start-up Jify

BENGALURU: Financial services platform Moneyview has turned unicorn and the valuation assessment (of over USD 1 billion) is part of a share swap acquisition. Moneyview said this is not an independent fundraiser.

Bengaluru-headquartered financial services company on Thursday announced the acquisition of Jify.co, a platform that enables employees to access their earnings on demand.

Jify.co services over 250 blue-chip corporates with millions of employees, and the acquisition involved a share swap whereby Accel and Nexus, the existing investors of Jify, were allotted shares of Moneyview.