M2P Fintech, one of Asia’s leading API infrastructure provider led the USD 2.50 million funding round for the Account aggregator platform Finvu. Varanium Nexgen Fund, IIFL and DMI Sparkle Fund also participated in the round. Founded in 2017, Finvu is a registered and licensed NBFC Account Aggregator (NBFC-AA) from the Reserve Bank of India (RBI) […]
Tag: Madhusudanan R
API infrastructure company M2P Fintech has acquired Bengaluru-based cloud lending platform Finflux to boost M2P’s digital lending and neo-credit plans, according to TNN report. The financial details of the deal were not disclosed, but it is learnt to be a cash and stock deal of around $15-20 million. This is M2P Fintech’s fourth acquisition since […]
M2P Fintech, an API infrastructure company, announced the appointment of Sanjoy Bose as President – Global Market Expansion and Abhishek Arun as President – Platform Strategy and Commercialisation. Sanjoy, as President, Global Market Expansion will focus on International Markets with specific focus on ASEAN region, as the company is looking to expand aggressively in the coming […]
API infrastructure company M2P Fintech announced that it has secured $35 million in Series C round led by Tiger Global Management. Existing investors BEENEXT, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital, and the DMI Group via its investment vehicle Sparkle Fund participated in the round. M2P intends to use the fresh funds to enhance […]