M2P Fintech - About the company
M2P Fintech is a series D company based in Chennai (India), founded in 2014 by Prabhu Rangarajan ., Rangarajan Madhusudanan ., Muthukumar Ayyakkannu . and Dinesh Desu. It operates as a Provider of APIs enabling banking, lending, and payment financial services. M2P Fintech has raised $188M in funding from investors like 8i Ventures, Beenext and Visa, with a current valuation of $*****. The company has 283 active competitors, including 69 funded and 23 that have exited. Its top competitors include companies like Razorpay, Pine Labs and Jumio.
Company Details
Provider of APIs enabling banking, lending, and payment financial services. The company offers solutions for customer onboarding, core banking systems, and payment processing. It facilitates card issuance, core lending, and digital commerce. The company provides tools for regulatory compliance, fraud management, and rewards programs. It also offers value-added services, including reconciliation, KYC, and anti-money laundering solutions.
- Website
- m2pfintech.com
- Social
- Email ID
- *****@m2p.in
- Registered Address
- 3RD FLOOR, PHASE 2B, MFAR, MANYATA TECH PARK, NAGAWARA, Venkateshapura, Bangalore, Bangalore North, Karnataka, India, 560045
Key Metrics
Founded Year
2014
Location
Chennai, India
Stage
Series D
Total Funding
$188M in 11 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 30, 2025
Investors
Ranked
4th among 283 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
1,290 as on Aug 31, 2025
Investment & Acquisitions
Legal entities associated with M2P Fintech
M2P Fintech is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONFLUX TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2010PTC056151 , India, Active | Dec 06, 2010 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 37 (As on May 01, 2026) | |
M2P SOLUTIONS PRIVATE LIMITED CIN: U72900TN2014PTC098036 , India, Active | Nov 14, 2014 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1084 (As on Apr 01, 2026) | |
GOALS101 DATA SOLUTIONS PRIVATE LIMITED CIN: U74999DL2016PTC298740 , India, Active | Apr 29, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 19 (As on Aug 01, 2025) |
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M2P Fintech's funding and investors
M2P Fintech has raised a total funding of $188M over 11 rounds. Its first funding round was on Feb 11, 2020. Its latest funding round was a Series D round on Jun 30, 2025 for $*****. 1 investor participated in its latest round. M2P Fintech has 34 institutional investors and 31 angel investors.
Here is the list of recent funding rounds of M2P Fintech:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 30, 2025 | 8239631 | Series D | 4612491 | 9625805 | 4233457 | 8788916 |
Sep 24, 2024 | 4052471 | Series D | 3839363 | 4079509 | 3746727 | |
Jul 25, 2024 | 5383950 | Series C | 3046412 | 7423959 | 3006991 |
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M2P Fintech's founders and board of directors
Founder? Claim ProfileThe founders of M2P Fintech are Prabhu Rangarajan ., Rangarajan Madhusudanan ., Muthukumar Ayyakkannu . and Dinesh Desu. Rangarajan Madhusudanan . is the CEO of M2P Fintech.
Here are the details of M2P Fintech's key team members:
- Prabhu Rangarajan .: Co-Founder of M2P Fintech and founder of 1 other company. They are also an angel investor in 8 startups and serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Rangarajan Madhusudanan .: Co-Founder & CEO of M2P Fintech and founder of 2 other companies, Oynk and YAP. They are also an angel investor in 7 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Muthukumar Ayyakkannu .: Co-Founder of M2P Fintech and founder of 3 other companies, Kisangates, YAP and M2P. They are also an angel investor in 2 startups and serve on the boards of 3 companies.Contact Info: 1 phone number
- Dinesh Desu: Co-Founder of M2P Fintech and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
M2P Fintech's Board of Directors
M2P Fintech's board has 7 active members. Prabhu Rangarajan ., Muthukumar Ayyakkannu ., Rangarajan Madhusudanan ., Anuradha Ramachandran and Apoorva Goyal are part of team and Nitin Kaul and Srinivasan Radhika are independent board members.Here is the list of M2P Fintech's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 6m | |
Team | - | Current | 10y 6m | |
Team | - | Current | 11y 7m | |
Investor | - | Current | 0y 6m | |
Investor | - | Current | 4y 4m | |
Independent board member | - | Current | 1y 3m | |
iibbsqn | Independent board member | - | Current | 8y 9m |
View details of M2P Fintech's Founder profiles and Board Members
M2P Fintech's employee count trend
M2P Fintech has 1,290 employees as of Aug 25. The total employee count is 35.0% more than what it was in Aug 24. Here is M2P Fintech's employee count trend over the years:
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M2P Fintech's Competitors and alternates
Top competitors of M2P Fintech include Razorpay, Pine Labs and Jumio. Here is the list of Top 10 competitors of M2P Fintech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
2nd | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 76/100 | ||
3rd |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 76/100 | |
4th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
5th | Provider of banking-as-a-service platform offering digital banking and payment solutions | $736M | 72/100 | ||
6th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
7th |  Lean 2019, Riyadh (Saudi Arabia), Series B | Provider of open banking platform for financial data and payments | $104M | 69/100 | |
8th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 | ||
9th | Provider of automated software for corporate identity and compliance verification | $203M | 69/100 | ||
10th | Provider of digital identity verification | $330M | 69/100 |
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M2P Fintech's Latest cap tables and shareholding
Founders own 30.17%, Funds (largest shareholder) own 40.90%, Enterprises own 7.75% and Angels own 3.05%. The net worth of M2P Fintech's founders is INR 1,990Cr as of Jun 30, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 30.17% | 1,990Cr | 4886527 | 4893804 | 1857865 | 2294174 |
5928597 | 8730767 | 7412444 | 1863060 | 4689863 | 9712492 | |
4716828 | 5044344 | 7858392 | 6169763 | 3263009 | 9005005 | |
3942834 | 3257052 | 2906738 | 8527518 | 2072521 | 4819196 | |
Fund | 40.90% | 2,690Cr | 4193860 | 5581903 | 7296669 | 1606007 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 7.75% | 510Cr | 8033161 | 9201521 | 3635060 | 5026007 |
Angel | 3.05% | 201Cr | 343 | 140 | 254 | 940 |
Other People | 9.16% | 603Cr | 7580933 | 4440229 | 1903259 | 4422491 |
ESOP Pool | 8.95% | 589Cr | 2203282 | 6527889 | 5090853 | 3536975 |
Total | 99.98% | 6,580Cr | 7634691 | 8570848 | 4927973 | 4221535 |
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DisclaimerView more details of M2P Fintech's Shareholding
M2P Fintech's Investments and acquisitions
M2P Fintech has made 4 investments in companies including LivQuik and Finfactor. M2P Fintech has also acquired 8 companies including Mad Street Den and Vue.ai.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 04, 2025 | Acquisition | 2015 | Redwood City (United States) | |
Mar 04, 2025 | Acquisition | 2016 | Redwood City (United States) | |
Dec 13, 2023 | Acquisition | 2016 | Delhi (India) |
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Reports related to M2P Fintech
Here is the latest report on M2P Fintech's sector:
News related to M2P Fintech
Filter this listMedia has covered M2P Fintech for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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M2P Fintech's Losses Widen Over 90% in FY25; Revenue Crosses Rs 500 CrEntrackr•Mar 17, 2026•M2P Fintech
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Baanhem Ventures Onboards Business Icons as Investors for Startup Singam's Funding RoundIndian Startup Times•Sep 24, 2025•Startup Singam, M2P Fintech, IppoPay, TVS Capital Funds and 5 others
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From Darwinbox To InsuranceDekho — Indian Startups Raised $386 Mn This WeekInc42•Mar 08, 2025•Darwinbox, Leap Scholar, InsuranceDekho, Swish and 37 others
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Banking infra firm M2P to acquire Chennai-based AI startup Mad Street DenMoneycontrol•Mar 04, 2025•M2P Fintech, Mad Street Den
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Paytm Cloud Technologies to enter Brazil’s fintech market with $1M stake in Dinie parentYourStory•Feb 03, 2025•Paytm, Dinie, Enjoy Seven Technology, Razorpay and 6 others
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