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Insight Partners led a $56m Series C1 round in M2P Fintech.

Synopsis

Insight Partners led a $56m Series C1 round in M2P Fintech, a financial Infrastructure company, with participation from MUFG, Tiger Global and Better Capital. "The consequence of Covid-19 pandemic has accelerated the shift from in-person to digital consumption. This shift has forced businesses across the globe to move from brick and mortar to digital channels and, in doing so, has created an urgency for businesses to adopt an API platform like ours. We see an unprecedented opportunity to meet this need by bringing our leading platform to other fintech markets across Europe, Africa and Asia, while doubling down on key and emerging fintech markets such as the Philippines, Indonesia and Egypt," Madhusudanan R, M2P Fintech Co-Founder and CEO.

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