BankingBusinessFinTech

India’s M2P Fintech reportedly on track to secure $80m funding round

  • New Funding Round: M2P Fintech is reportedly raising up to $80 million.
  • Lead Investor: Helios Investment Partners is leading the round with a $50 million investment for a 6.5% stake.
  • Additional Investors: Oman’s Bank Muscat is participating, and early investor Beenext is looking to sell part of its stake to angel investors.
  • Conflicting Reports: A separate report by Entrackr suggests M2P secured $50 million from new investor Taj Investment Holdings.
  • Company Background: Based in Chennai, M2P Fintech provides API infrastructure enabling businesses to embed fintech services.
  • Previous Funding: M2P raised $56 million in a Series C1 round in 2022 and has made six acquisitions, including Goals101 for $30 million in December.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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