M2P Expands Footprint in North Africa with New Office in Egypt
Since entering the Egyptian market in 2022, M2P has experienced rapid growth, driven by the country's expanding digital economy, high financial inclusion potential, and thriving fintech sector.
The event was graced by bureaucrats and office bearers from the Ministry of ICT and Regulators. It was officially inaugurated by Madam C. Sushma, Deputy Head of Mission, Indian Embassy in Egypt, and Mr. Rav Pravin Singh, IFS.
Driving Egypt's Digital Transformation
Aligned with Egypt's national vision for financial inclusion and economic digitization, M2P's solutions address key priorities, such as Financial Inclusion, Fintech & SME Enablement, Agricultural & Microfinance Sector Enablement, Digital Banking Infrastructure and Mobility & Toll Solutions
Investing in Local Talent & Innovation
As part of its long-term vision, M2P plans to establish a regional delivery center, creating 80–100 jobs in technology and business roles. By fostering fintech innovation, attracting investment, and facilitating technology transfer, M2P aims to position Egypt as a key fintech hub in the region.
The Company's Co-Founder and CEO, Mr Madhusudanan R commented on the occasion 'As the world's largest Banking-as-a-Service company, we are thrilled to expand our presence in Cairo with our new office, bringing our global expertise in fintech and financial inclusion to the region. Our journey has shown us how to build scalable, inclusive financial solutions, and we look forward to empowering Egyptian financial institutions and fintech with cutting-edge technology that drives access and economic growth."
'As a rapidly evolving fintech hub, Egypt presents a strategic opportunity for M2P,' stated Ms. Vaanathi Mohanakrishnan, Regional President at M2P for Middle East and Africa, 'With our deep expertise in facilitating efficient financial transactions, we are committed to partnering with local stakeholders to drive financial inclusion and support the nation's digital economic transformation.'
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