New Year is around the corner. It's a season for new beginnings and endless opportunities. We can't march into 2023 without feeling grateful for the eventful year that 2022 was.
2022 was very kind to us. This year, we raised $56 million through Series C1 funding, acquired 3 companies to enhance our offerings, and also celebrated our 8th year in the exciting world of fintech.
We acquired BSG ITSOFT, a leading provider of Core Banking Solutions, with the aim of providing a new generation cloud-native platform. Being a robust integrated CBS and payments stack, this platform helped us accelerate our growth into mainstream banking globally.
Next came the entry of Syntizen – a leader in identity verification services, and Finflux – a game-changer in Cloud Lending.
With the help of Syntizen, we aid financial institutions with customer onboarding and digital identity verification. On the other hand, through Finflux's Loan Origination System, Loan Management System, Co-lending, and Buy Now Pay Later offerings, we are closer to our mission of enabling 100 million borrowers.
Thanks to our partner founders, we now own and manage some of the best Core Lending Suites and Digital Core Banking Systems. These collaborations enable us to work towards our vision of co-creating winning financial solutions for an equitable and inclusive world.
2022 saw us scale to 100+ banking partnerships and 600+ fintech engagements. The learnings, course corrections, and growth opportunities were nothing short of phenomenal for us at M2P.
When we look back at the year, all we can say is, 'What a great year! So much to celebrate and be grateful for!'
We can't wait to see what 2023 holds for all of us. Here's to a fresh start and a year full of endless possibilities.
Happy New Year!
Muthukumar A, Co-founder, M2P Fintech, was identified as the winner of the Cloud Leadership Award 2022 under the category ‘Digital Transformation using Cloud’ for delivering excellence and innovation in the use of the cloud for digital transformation and customer delight.
ET and Statista recognize M2P Fintech as one of ‘India's Growth Champions 2022’.
At the IBSi Global FinTech Innovation Awards 2022, M2P Fintech was awarded the ‘Best Core Banking Implementation Award’ for the Best Program Governance for the work done for Gayatri Bank.
M2P Fintech won the ‘Best Fintech Enabler of the year 2022’ at the MENA Fintech Awards 2022.
That's it for now. See you again soon with all the need-to-know fintech updates!
Stay tuned. Stay curious.
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