“We also help them upgrade their tech stack. There’s a movement underway as banks are transitioning from being capex-heavy product implementation model to opex, SaaS-kind of model,” said Madhusudanan R, co-founder and chief executive of M2P Fintech, in an interview with TechCrunch.

https://techcrunch.com/2022/01/19/m2p-fintech-funding-insight-partners/