- 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.
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.
You May Also Like
FinTech
Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex
The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...
FinTech
Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation
This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
FinTech
NYSE Owner Strengthens Investment in Crypto Exchange OKX
Intercontinental Exchange enhances its portfolio with a significant move into cryptocurrency.Highlights: Intercontinental Exchange increases investment in crypto exchange...
FinTech
Mastercard Launches Trust Layer for Agentic Commerce Transactions
New technology aims to enhance security and trust in digital commerce.Highlights: Mastercard's new Trust Layer aims to improve...