DMI Group was among the investors in a series C round valuing the banking API developer at $355m post-money.

India-based digital banking software developer M2P Fintech has secured $35m in a series C round featuring financial services firm DMI Group’s Sparkle Fund, The Economic Times has reported.

Tiger Global Management led the round, which was filled out by BeeNext, Flourish Ventures, Omidyar Network India 8i Ventures and Better Capital at a post-money valuation of $355m.

Founded in 2014 as Yap, M2P provides businesses with application programming interfaces (APIs) that allow them to create and deploy financial technology products. It…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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