SaaSBoomi Building the ‘AWS of Fintech’ that can last a 100 years
In this episode of the Founder’s Deep Dive Podcast, Suresh Sambandham CEO and Founder of KissFlow has a one on one with Prabhu Rangarajan, Co-founder of M2P Fintech.
M2P is an API infrastructure giant delivering futuristic and customer-centric fintech solutions through cutting-edge technology with a wide range of solutions across Payments, Lending, and Banking.
Suresh and Prabhu get into the juicy details of how M2P was founded and how they grew from a 60 member company pre-pandemic to a 1200 member company now. Prabhu also shares his journey of founding M2P along with his co-founders Madhu and Muthu and now acquiring 8 other companies and in effect running M2P with 20 co-founders who became the founding team.
Listen on to hear more about the exciting success story of M2P!
Key Takeaways
2:46 - Inception of M2P
6:50 - Tatkal: Inventing on-tap money
8:21 - M2P customer base
11:18 - How does M2P charge its customers
12:30 - Story behind the name M2P
14:30 - Bringing the founders together
20:30 - Do too many cooks spoil the broth?
27:30 - Role playing between Founders
29:28 - M2Ps Multi-city presence
30:24 - Numbers Pre and Post Covid
34:44 - Funding, Acquisitions & Expansion
40:53 - Acquisitions left, right and center
43:11 - Carving a niche with no competition
44:56 - Cultural integration of multiple companies into M2P
54:40 - Building a company for the next 100 years
Key Mentions
4:35 - IIFL Finance
4:38 - DCB Bank
9:23 - Slice
16:25 - Madhusudanan
16:39 - Muthukumar
16:43 - Visa
36:33 - Paytm
38:44 - Amrish Rau
38:45 - Kunal Shah
39:01 - 39:05
41:11 - FinFlux
47:33 - Sujay Vasudevan