About M2P Fintech
M2P Fintech is a company based in Chennai (India) founded in 2014 by Prabhu Rangarajan, Muthukumar Ayyakkannu, and Madhusudanan Rangarajan.. M2P Fintech has raised $187.79 million across 11 funding rounds from investors including Visa, Angel List and MUFG Bank. The company has 1,144 employees as of May 31, 2025. M2P Fintech has completed 8 acquisitions, including BSG, Finflux and Goals101. M2P Fintech offers products and services including Turing (Core Banking), Debit Cards, Neobanking Connect, Loan Origination System (Finflux), and Prepaid Cards. M2P Fintech operates in a competitive market with competitors including Zeta, Falcon, NeoKred, Digiasia and Prime Trust, among others.
- Headquarter Chennai, India
- Employees 1144 as on 31 May, 2025
- Founders Prabhu Rangarajan, Muthukumar Ayyakkannu, Madhusudanan Rangarajan
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$47.29 M (USD)-20as on Mar 31, 2024
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Net Profit
$-16.13 M (USD)1as on Mar 31, 2024
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EBITDA
$-10.61 M (USD)20as on Mar 31, 2024
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Total Equity Funding
$187.79 M (USD)
in 11 rounds
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Latest Funding Round
$3.52 M (USD), Series D
Jun 30, 2025
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Investors
Visa
& 46 more
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Employee Count
1144
as on May 31, 2025
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Investments & Acquisitions
BSG
& 7 more
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Products & Services of M2P Fintech
M2P Fintech offers a comprehensive portfolio of products and services, including Turing (Core Banking), Debit Cards, Neobanking Connect, Loan Origination System (Finflux), and Prepaid Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides core banking system for user accounts and compliance
Enables issuance of branded physical and virtual cards
Facilitates digital banking experiences for customers
Manages loan processes and credit line extensions
Offers prepaid card programs for financial transactions
Handles global payment requirements securely
Automates customer onboarding and regulatory checks
Provides reconciliation for financial transactions
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Funding Insights of M2P Fintech
M2P Fintech has successfully raised a total of $187.79M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $3.52 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series D — $3.5M
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First Round
First Round
(11 Feb 2020)
- Investors Count 47
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series D - M2P Fintech | Valuation |
investors |
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| Sep, 2024 | Amount | Series D - M2P Fintech | Valuation | Helios , SMBC Asia Rising Fund | |
| Jul, 2024 | Amount | Series C - M2P Fintech | Valuation | Anicut Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in M2P Fintech
M2P Fintech has secured backing from 47 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Visa, Angel List and MUFG Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are managed across multiple sectors by Helios.
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Founded Year | Domain | Location | |
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Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by M2P Fintech
M2P Fintech has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include BSG, Finflux and Goals101. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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App-based platform for credit card bill payments
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2019 | ||||
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Debt recovery platform is operated via marketplace partners.
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2018 | ||||
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Business intelligence solutions for banks
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - M2P Fintech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
M2p Fintech Comparisons
Competitors of M2P Fintech
M2P Fintech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeta, Falcon, NeoKred, Digiasia and Prime Trust, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Payment and banking solutions are provided to users and banks.
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| domain | founded_year | HQ Location |
A cloud-native platform is provided for next-generation financial products.
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| domain | founded_year | HQ Location |
Provider of open banking and payment infrastructure for digital finance solutions
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| domain | founded_year | HQ Location |
Financial technology solutions for payments, lending, and remittances are offered.
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on M2p Fintech
Frequently Asked Questions about M2P Fintech
When was M2P Fintech founded?
M2P Fintech was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is M2P Fintech located?
M2P Fintech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of M2P Fintech?
Madhusudanan Rangarajan is the current CEO of M2P Fintech. They have also founded this company.
Is M2P Fintech a funded company?
M2P Fintech is a funded company, having raised a total of $187.79M across 11 funding rounds to date. The company's 1st funding round was a Series C of $836.09K, raised on Feb 11, 2020.
How many employees does M2P Fintech have?
As of May 31, 2025, the latest employee count at M2P Fintech is 1,144.
What is the annual revenue of M2P Fintech?
Annual revenue of M2P Fintech is $47.29M as on Mar 31, 2024.
What does M2P Fintech do?
M2P Fintech was established in 2014 in Chennai, India, within the fintech sector. Custom APIs are utilized to deliver banking solutions, including core banking, debit cards, and neobanking. Lending options encompass credit cards, buy-now-pay-later, loan origination systems, microfinance, and UPI-based credit lines. Payment services cover prepaid cards, cross-border transactions, fleet management, UPI, and merchant acquiring. Additional services include reconciliation, KYC processes, fraud risk management, AML compliance, and rewards programs.
Who are the top competitors of M2P Fintech?
What products or services does M2P Fintech offer?
M2P Fintech offers Turing (Core Banking), Debit Cards, Neobanking Connect, Loan Origination System (Finflux), and 4 more products and services.
How many acquisitions has M2P Fintech made?
Who are M2P Fintech's investors?
M2P Fintech has 47 investors. Key investors include Visa, Angel List, MUFG Bank, Bank Muscat, and DMI Finance.
What is M2P Fintech's valuation?
The valuation of M2P Fintech is $544.37M as of Jul 2024.
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