M2P Fintech

Provides an integrated bank grade digital payments platform, encompassing all retail payment assets in India.

Launch date

Jul 2015

Employees

1001-5000 people

Market cap

Enterprise valuation

CAD832m (Public information from Sep 2022)

Chennai Tamil Nadu (HQ)

https://m2pfintech.com/

https://twitter.com/m2pfintech https://www.linkedin.com/company/yapbym2p https://play.google.com/store/apps/details?id=com.m2p.forex

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Revenues, earnings & profits over time

USD	2019	2020	2021
Revenues	2.6m	6.8m	40.2m
% growth	-	160 %	496 %

Date	Investors	Amount	Round
Feb 2020	Kunal Shah Jitendra Gupta Amrish Rau Vikram Chachra	$1.4m	Seed
Apr 2020	Beenext Alok Mittal DMI Ashneer Grover Amrish Rau Abhishant Pant Jitendra Gupta 8i Ventures Better Capital	$4.5m	Series A
Mar 2021	Beenext Flourish Ventures 8i Ventures Better Capital Omidyar Network India	$10.0m	Series B
Jul 2021	Tiger Global Beenext Flourish Ventures 8i Ventures Better Capital DMI Sparkle Fund Omidyar Network India	$35.0m Valuation: $335m	Series C
Jan 2022*	Insight Partners Tiger Global Better Capital MUFG Innovation Partners	$56.0m Valuation: $610m	Series C
Sep 2022*	Visa	$2.7m Valuation: $610m	Series C
Apr 2024*	Anicut Capital	$4.2m	Debt
Total Funding		CAD149m

Tech stackLearn more about the technologies and tools that this company uses.

LivQuik / QuikWallet

ACQUISITION by Future Group Oct 2018

ACQUISITION by M2P Fintech Jul 2022

ACQUISITION by M2P Fintech Sep 2021

ACQUISITION by M2P Fintech Sep 2021

ACQUISITION by M2P Fintech Dec 2023

ACQUISITION by M2P Fintech Feb 2022

ACQUISITION by M2P Fintech Jul 2022