 "M2P Fintech secures Rs 850 crore funding, eyes expansion in Africa’s growing fintech landscape and strengthening operations in Asia.")
M2P Fintech, a banking infrastructure company, recently announced it has raised Rs 850 crore in its series D funding round, with a valuation exceeding Rs 6,550 crore. The round was led by Helios Investment Partners and included existing investor Flourish Ventures. The funds will support M2P’s operations in India and aid its expansion into Africa, where the fintech landscape is rapidly growing due to increased smartphone usage and mobile financial services. The company also plans to establish a presence in specific ASEAN countries and West Asia. M2P Fintech has been operational since 2014 and currently serves over 200 banks and 800 fintech firms across multiple regions globally.
M2P Fintech Secures Rs 850 Crore to Expand Into Africa
In an exciting development for the fintech sector, M2P Fintech, a leading banking infrastructure company, has successfully raised Rs 850 crore in its latest series D funding round. This funding was primarily led by Helios Investment Partners and includes contributions from existing investors like Flourish Ventures. The investment has valued M2P Fintech at over Rs 6,550 crore.
The newly acquired capital will bolster M2P Fintech’s operations in India and support its expansion into international markets, particularly in Africa. The company sees Africa as a significant growth opportunity due to its rapidly developing financial ecosystem, enhanced smartphone usage, and the rise of mobile-based financial services. “We are excited about partnering with Helios, whose insights into the African Market combined with our technology will help us drive financial inclusion and innovation,” said Madhusudanan R, co-founder and CEO of M2P Fintech.
Established in 2014, M2P Fintech is active in over 30 markets across the Asia Pacific, Middle East, North Africa, and Oceania regions. The firm provides technology solutions for more than 200 banks, 300 lenders, and over 800 fintech companies, offering services like core banking systems, credit card processing, and buy now pay later (BNPL) solutions.
With plans to also enter select ASEAN countries and strengthen its presence in West Asia, M2P Fintech is poised for significant growth. Helios Investment Partners, recognized for its experience in scaling fintech businesses in Africa, considers this investment a strategic move to bring technology-driven growth to the continent.
This funding round marks a vital step for M2P Fintech as it aims to foster innovative financial solutions and enhance access to banking services for millions more worldwide.
Tags: M2P Fintech, helion investment partners, Africa expansion, fintech news, banking solutions, funding round, financial inclusion
What is M2P Fintech?
M2P Fintech is a financial technology company that provides payment solutions and services to businesses.
How much money did M2P Fintech raise?
M2P Fintech raised Rs 850 crore in their Series D funding round.
What is the new valuation of M2P Fintech?
M2P Fintech is now valued at Rs 6,550 crore after this funding.
Why is this funding important for M2P Fintech?
This funding will help M2P Fintech grow its operations, improve its products, and expand its Market reach.
Who are the investors in this funding round?
The specific names of the investors were not mentioned, but they are typically venture capital firms interested in fintech.
