Indian Fintech major M2P Solutions expands into the Middle East with Abu Dhabi as regional headquarters
The Fintech firm appoints Ms. Vaanathi Mohanakrishnan as Head, to spearhead growth and expand its reach in the Middle East and North Africa (MENA) region
Date: Abu Dhabi, UAE; December 12, 2020
M2P Solutions, an open API (Application Programming Interface) infrastructure platform company that works with businesses to roll out their own branded Fintech products, announced the expansion of its operations to the Middle East and North Africa (MENA) Region with Abu Dhabi as its Regional Headquarters.
The company has appointed Ms. Vaanathi Mohanakrishnan to lead its business for the region.
Madhusudanan, Co-Founder and Chief Executive Officer of M2P Solutions, said, “The UAE is fast becoming one of the key global Fintech hubs. We are building a capable team based in Abu Dhabi to cater to the fast-growing requirements of the Fintech community. We are super excited about the prospect of bringing our API platform capability to benefit the Fintech ecosystem by working with banks and partners in the region.
“We are excited to welcome Ms. Vaanathi to the M2P family. Her rich experience of managing retail financial services and digital payments businesses across a diverse set of roles and financial institutions will be of great value for our clients. We are confident that her insights about the region will help us grow our client base and strengthen relationships as we bring to fore, the best-in-class technology products and services to contribute to the growing digital payment ecosystem.”
With the Regional Headquarters in Abu Dhabi, the company aims to attract Fintech’s to roll out payments and banking products efficiently and help them achieve significant speed to market, much like 250+ Fintech firms across Asia that have benefited from the power of the API platform.
Vaanathi Mohanakrishnan added, “I am excited to join M2P Solutions at this point where we see a dramatic shift in the payments landscape. With its unique set of product and platform offerings, M2P Solutions is well-positioned to capitalise on this shift towards a cashless economy. The UAE has always been at the forefront of technology adoption in the region, and I am looking forward to forging strong partnerships by leveraging M2P’s superior tech and business capabilities.”
About M2P Solutions
M2P Solutions Ltd is a leading Application Programming Interface (API) infrastructure company that helps businesses to connect and roll out their own branded products. The company works with banks and financial institutions as product providers.
It offers end-to-end programme management services over a bundle of API’s that covers, bank accounts, term deposits and a wide gamut of payments products including debit, credit, pre-paid, Travelcard, QR, UPI and NETC toll payments, among many other applications.
To date, more than 250 businesses across Fintech and financial institutions have leveraged M2P’s platform. Their API products have been utilised by top tech companies such as OLA, Swiggy, Cred, Razorpay, Finin, etc. The modular mobile-first API platform is backed by leading banks and allows companies to develop, test rapidly, iterate their own branded debit, credit, and prepaid account.
For further information, please visit www.m2pfintech.com