M2P Fintech Infuses $ 4 Million in LivQuik Technology

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

Talking about the transaction, Madhusudanan R, Co-Founder - M2P Fintech, states, "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 states that the company believes that LivQuik can serve this segment meaningfully and the partnership with Livquik would help realise its vision to enable every company to become a fintech.

Mohit Lalvani,  CEO LivQuik says, "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.”

He further adds, “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.”

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