M2P Fintech, a leading Application Programming Interface (API) infrastructure provider, has raised ₹850 crore (approximately $102 million) in a Series D funding round led by Africa-based Helios Investment Partners. The funding includes both primary and secondary share capital and brings M2P’s valuation to around $800 million. Helios contributed nearly $50 million to the round, with participation from existing investors like Flourish Ventures and several Asia-based bankers.
This capital will support M2P’s plans for international market expansion, inorganic growth, and workforce expansion. The organisation aims to enhance its presence in Africa and boost its international revenue, which already accounts for 40% of its total. The company also plans to increase its workforce by over 10%.
The company’s expansion plans include entering the U.S. market within the next year. M2P has previously made significant acquisitions, including its purchase of transaction behavioural intelligence startup Goals101 for ₹250 crores in 2023.
Also Read | M2P Fintech continues acquisition spree, buys cloud lending startup Finflux
M2P has raised over $200 million to date, with notable investments from New York-based Insight Partners and MUFG Innovation Partners in previous rounds.
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