People · Financial Services

M2P Fintech appoints Vivek Seshadri as first Group CFO

By Startup Enthusiast · 22 April 2026

What they do

M2P Fintech provides banking infrastructure for financial institutions and consumer tech companies

It appointed Vivek Seshadri as its first Group CFO to oversee finance, investor relations, and M&A

The move aims to strengthen financial operations and prepare for a potential public listing

M2P Fintech has appointed Vivek Seshadri as its Group CFO.
This is the company's first Group CFO role.
Seshadri was previously CFO at Hitachi Payment Services for two years.
He also held roles at Avendus Capital, JP Morgan, and U GRO Capital.
He brings over 15 years of experience in strategic finance, capital markets, and M&A.
Seshadri will oversee finance, investor relations, capital strategy, and M&A.
He will work with leadership on operating leverage, financial systems, and global expansion.
The appointment aims to strengthen financial operations and prepare for a potential public listing.

M2P Fintech's FY24 operating revenue fell 13.3% to ₹382 Cr from ₹440.7 Cr in FY23.
Its FY24 loss was ₹133.5 Cr, nearly flat from ₹133.3 Cr in FY23.
The company last raised ₹850 Cr ($101 Mn) in Series D in 2024 at a valuation over ₹6,550 Cr ($783 Mn).
Total funding to date is about $210 Mn from investors including Tiger Global, Helios Investment Partners, and BEENEXT.
The appointment is part of a broader startup trend of hiring senior finance leaders for IPO readiness and AI focus.

M2P Fintech provides banking infrastructure for financial institutions and consumer tech companies.
Its products include a core banking stack, payments with decision intelligence, and card issuance & management.
It also offers a core lending suite, customer onboarding & KYC, and an intelligent ops & experience layer.
The platform is AI-native, with AI agents for fraud detection, customer service, compliance, and transaction intelligence.
Other AI capabilities include card issuance, spend controls, risk-based authentication, early warning, bank statement analysis, property valuation, KYC remediation, document intelligence, scrutiny, legal, risk, and data triangulation.
It operates in 30+ markets across Asia-Pacific, Middle East, North Africa, and Oceania.
It works with 200+ banks, 300+ lenders, and has 800+ fintech engagements.
It serves 50+ million end users and has processed 20+ billion transactions.

The appointment aims to strengthen financial operations and prepare for a potential public listing.