Niyogin Fintech to demerge NBFC and iServeU, plans independent listings

Niyogin Fintech has announced plans to demerge its Non-Banking Financial Company (NBFC) business, IserveU, with plans for an independent listing in the future. The company intends to create value by allowing its subsidiaries to operate independently and focus on their respective business models. The demerger will provide IserveU with the opportunity to grow on its own, particularly in the digital financial services space, while Niyogin will continue to focus on its fintech solutions, improving shareholder value for both entities in the long term.