Other Private Equity/Strategic Investments

Fintech co M2P Invests $4-M In prepaid cards issuer LivQuik

Inc42  

Chennai-based M2P Fintech, which provides banking and payments application programming interface (API) infrastructure to financial companies, has invested USD 4 million in Future Group-backed payments startup LivQuik Technology. Founded in 2012 by Mohit Lalvani and Yudhajit Nag Sen, Mumbai-based LivQuik is a Reserve Bank of India (RBI)-approved prepaid payment instrument issuer and a full-fledged money changer (FFMC). It provides prepaid products such as mobile wallets, virtual, physical contactless & EMV chip cards, and multiple types of prepaid instruments.

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