Neobanking startup Niyo Global reported a decline in operating revenue to INR 93.84 Cr in FY24, down 28.6% from the previous year.The company narrowed down its net loss by 18.95% to INR 143.47 Cr in FY24.Lower overall expenses contributed to the reduction in losses, with expenses falling by 20.3% in FY24.Niyo offers banking solutions tailored to customers and raised a total of $179 Mn in funding.