M2P Fintech Soonicorn
Chennai-headquartered M2P Fintech started in 2014 as an API infrastructure company and has grown into a banking-as-a-service and card-issuance platform, powering 200+ banks, 300+ lenders and 800+ fintech engagements across 30+ markets in Asia Pacific, MENA and Oceania.
M2P Fintech: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 24 Sep 2024 | Series D | $102 Mn | Helios Investment Partners Flourish Ventures | source |
| 19 Jan 2022 | Series C1 | $56 Mn | Insight Partners MUFG Innovation Partners 8i Ventures BeeNext Better Capital Flourish Ventures Omidyar Network India Sparkle Fund Tiger Global Management | source |
| 12 Oct 2021 | Series C | $35 Mn | Tiger Global Management 8i Ventures BeeNext Better Capital DMI Group (Sparkle Fund) Flourish Ventures Omidyar Network India | source |
| 16 Mar 2021 | Series B | $10 Mn | Flourish Ventures Omidyar Network India 8i Ventures Fund BeeNext Better Capital Sparkle Fund (DMI Group) | source |
| 22 Apr 2020 | Series A | $4.5 Mn | BeeNext 8i Ventures Abhishant Pant Alok Mittal Amrish Rau Better Capital DMI Group (Sparkle Fund) Jitendra Gupta | source |
| 13 Feb 2020 | Seed | $1.34 Mn | Amrish Rau Abhishant Pant Jitendra Gupta Kunal Shah Peifu Hsieh Vikram Chachra | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 4 Mar 2025 | M2P Fintech | Mad Street Den | Undisclosed | source |
| 12 Dec 2023 | M2P Fintech | Goals101 | Undisclosed | source |
| 19 Jul 2022 | M2P Fintech | Syntizen | Undisclosed | source |
| 6 Jul 2022 | M2P Fintech | Finflux | Undisclosed | source |
| 17 Feb 2022 | M2P Fintech | BSG ITSOFT | Undisclosed | source |
| 30 Sep 2021 | M2P Fintech | Origa.ai | $2 Mn – $2.5 Mn | source |
| 24 Aug 2021 | M2P Fintech | Wizi | Undisclosed | source |
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Who founded M2P Fintech?
M2P Fintech was founded by Madhusudanan R, Muthukumar Ayyakkannu, Prabhu Rangarajan in 2014.
How much funding has M2P Fintech raised?
M2P Fintech has raised $208.84 Mn across 6 tracked funding round(s), most recently on 2024-09-24. Figures are compiled from cited public sources.
Who are the investors in M2P Fintech?
Investors in M2P Fintech include Helios Investment Partners, Flourish Ventures, Insight Partners, MUFG Innovation Partners, 8i Ventures, BeeNext, Better Capital, Omidyar Network India.
What does M2P Fintech do?
Chennai-headquartered M2P Fintech started in 2014 as an API infrastructure company and has grown into a banking-as-a-service and card-issuance platform, powering 200+ banks, 300+ lenders and 800+ fintech engagements across 30+ markets in Asia Pacific, MENA and Oceania.
Where is M2P Fintech headquartered?
M2P Fintech is headquartered in Chennai, Tamil Nadu, India.
What is M2P Fintech's business model?
M2P Fintech's core value proposition centers on Embedded fintech tech layer, "We help every company become a fintech", World's largest Banking-as-a-Service platform.
How does M2P Fintech make money?
M2P Fintech's cited revenue streams include API/platform fees from banks and fintechs.