M2P Fintech
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M2P Fintech - overview
Established
2014
Location
Chennai, Tamil Nadu, India
Primary Industry
Financial Services
About
Based in India, M2P Fintech specializes in digital financial solutions, offering integrated payment and banking services that enhance transaction efficiency for businesses and consumers. Founded in 2014 in Chennai, India, M2P Fintech delivers innovative payment processing solutions. The company has secured a total of USD 100 mn through 9 deals, with the latest being a Series D round led by Helios Investment Partners on September 20, 2024. The team is led by CEO Madhusudanan R, who, along with co-founders Muthukumar A and Prabhu Rangarajan, has driven the company's growth since inception.
M2P Fintech specializes in providing a comprehensive suite of digital financial solutions designed to streamline payment processes and enhance the banking experience for businesses and consumers. Their core offerings include payment gateway solutions, digital banking infrastructure, and embedded finance services. These products facilitate seamless transactions, allowing businesses to integrate banking capabilities into their platforms. M2P Fintech serves a diverse client base, including banks, fintech companies, and e-commerce platforms, helping them optimize their operations and deliver improved financial services to end-users.
The company operates across India, Southeast Asia, and the Middle East, addressing the unique financial demands of these regions. In 2023, M2P Fintech reported revenue of USD 54. 91 mn and an EBITDA of USD -16. 34 mn.
The company generates revenue through B2B partnerships and subscription services, leveraging its robust platforms for payment processing and banking solutions. Revenue drivers include transaction fees from payment gateways and subscription fees for access to its technology infrastructure. M2P Fintech plans to utilize the recent USD 100 mn raised in the Series D funding round to support ongoing international expansion and strengthen its market presence in Africa. The company is also focused on designing and launching new products aimed at enhancing its service offerings.
Expansion into additional markets is anticipated as M2P continues to grow its footprint globally.
Current Investors
8i Ventures, QED Innovation Labs, Fort Kochi Holdings
Primary Industry
Financial Services
Sub Industries
e-Financial, Retail Banks, Web Applications, Application Integration Software, Accounting/Finance Software
Website
www.m2pfintech.com
Verticals
Cloud Computing, FinTech, FinTech, Mobile Apps
Total Amount Raised
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