Advertisement
Thursday, Oct 21, 2021
Outlook.com
Outlook.com

M2P Fintech Invests $4 Million In LivQuik Technology

M2P Fintech Co-Founder Madhusudanan said M2P is constantly looking for novel ways to enhance its services.

M2P Fintech Invests $4 Million In LivQuik Technology
M2P Fintech Invests $4 Million In LivQuik Technology
outlookindia.com
2021-09-14T16:36:45+05:30

Asia's leading banking and payments API infrastructure provider M2P Fintech announced a USD 4.00 million investment in LivQuik Technology.

Commenting on the transaction, Madhusudanan R, Co-Founder - M2P Fintech,said, "At M2P, we are constantly looking for novel ways to enhance our services, while Banks serve the requirements of large enterprises, consumer internet companies and established use cases.”

He said the company believes that LivQuik can serve this segment meaningfully and the partnership with Livquik will help realise its vision to enable every company to become a fintech.

Meanwhile, LivQuik's CEO Mohit Lalvani said, "There couldn't have been a better time than now for us to join hands with M2P Fintech and its technological capabilities. The pandemic has accelerated the consumers to shift towards digital payments.”

“This investment and partnership with M2P Fintech is a recognition for the innovative work we've done in the fintech space; we're confident that it will enable us to expand our products and solutions significantly,” he added.

Founded in 2012, LivQuik is a Reserve Bank of India-approved Prepaid Payment Instrument Issuer.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

From The Editor's Desk | Shah Rukh Khan: Look At Him Looking At You

From The Editor's Desk | Shah Rukh Khan: Look At Him Looking At You

Shah Rukh Khan's portrait from the Ommatidia series by Pakistani artist Rashid Rana.

J&K Police Seize All Two-Wheelers On Kashmir Roads In Sudden Move

J&K Police Seize All Two-Wheelers On Kashmir Roads In Sudden Move

Bikers were spotted waiting outside police stations till late evening in Jammu and Kashmir with cops offering no explanation.

Ex-Captain Exposes PCB's 'Scapegoat' Politics Before IND-PAK Tie

Ex-Captain Exposes PCB's 'Scapegoat' Politics Before IND-PAK Tie

Misbah-ul-Haq has captained and coached the Pakistan national cricket team. He has himself been a 'victim' of politics in the Pakistan Cricket Board.

Watch: PM Modi Hails India For Creating History With 100 Crore Vaccinations in 279 Days

Watch: PM Modi Hails India For Creating History With 100 Crore Vaccinations in 279 Days

The country now has a strong 'protective shield' of 100 crore vaccine doses to combat the biggest pandemic in 100 years, PM said in a video address.

Advertisement