Thank you all for your support and faith in us. In this edition, let us reminisce our 7-year growth journey packed with funding rounds, global expansions, innovations, partnerships, acquisitions, and more.
Let's go!
We celebrated our 7- year milestone with a unique, fun video inspired by a lovable mystery celebrity. (Hint - He was a Super Runner in the 90's😎) Watch here.
Here are a few key highlights from our 7-year journey. Dive in and get to know us better!
From chai conversations to $35 million series C funding, M2P has come a long way. Get to know our growth story.
Gen Zers and Millennials are most likely to have multiple financial technology accounts.
By 2022, the Middle East will have more than 465 fintech companies.
The Neo bank's global market growth is expected to grow by 47.1% over the next five years, reaching $333.4 billion.
In 2025, peer-to-peer digital lending will rise to $1000 billion.
By 2023, the Indian digital payments market is estimated to reach the one trillion dollar mark.
INDIA
At the InFinity Forum, our Honorable Prime Minister Narendra Modi called for a “fintech revolution” to achieve financial empowerment and inclusion. He also asked the fintech community to focus on greater security and trust.
UK
UK digital challenger bank Monzo raises more than $500m from investors at a $4.5bn valuation.
AFRICA
South Africa's Standard Bank partners with Nigerian pay tech Flutterwave to boost digital financial services and enable rapid business growth across the continent.
US
In 2022, GoWomen, a new neobank designed exclusively for women of color, will launch initially in the US. GoWomen intends to provide financial awareness and wellness through an exclusive network.
MENA
Venture capital firm VentureSouq has launched a $50 million fund to invest in early-stage fintech, and SaaS companies focused on fintech across the MENA region and Pakistan.
M2P at the Digital Payments Utsav 2021
Our co-founder Madhusudanan R presented M2P's capabilities and vision for Indian fintech at the event organized by the Ministry of Electronics and IT and the National Payments Corporation Of India (NPCI) at the India Habitat Centre, New Delhi. We are honored to join Governments, Banks, Fintechs, and other stakeholders in promoting digital payments in India. Watch here.
M2P partners with Fintech Yatra 2021
We are proud to be associated with Fintech Yatra, a unique meetup event that convenes startup founders, government bodies, investors, and financial institutions. It is a 60-day epic road trip across 11,000 kilometers, covering 15 cities and 400+ startups. The yatra aims at helping the larger audience understand the fintech startup ecosystem, the future of the industry through interactions with founders, workshops, industry-connect sessions, and more. Register here.
That's it for now. See you again soon with all the need-to-know fintech updates!
Stay tuned. Stay curious.
It costs nothing to stay on top of all things fintech.
