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 M2P6:50 - Tatkal: Inventing on-tap money8:21 - M2P customer base11:18 - How does M2P charge its customers12:30 - Story behind the name M2P14:30 - Bringing the founders together20:30 - Do too many cooks spoil the broth?27:30 - Role playing between Founders29:28 - M2Ps Multi-city presence30:24 - Numbers Pre and Post Covid 34:44 - Funding, Acquisitions & Expansion40:53 - Acquisitions left, right and center43:11 - Carving a niche with no competition 44:56 - Cultural integration of multiple companies into M2P54:40 - Building a company for the next 100 yearsKey Mentions4:35 - IIFL Finance4:38 - DCB Bank9:23 - Slice 16:25 - Madhusudanan16:39 - Muthukumar16:43 - Visa 36:33 - Paytm 38:44 - Amrish Rau38:45 - Kunal Shah39:01 - 39:05 Tiger Global Insight Partners Mitsubishi UFJ Group of Japan 41:11 - FinFlux47:33 - Sujay Vasudevan