Chennai-based financial infrastructure provider M2P Fintech has acquired big data analytics and intelligence platform Goals101.
It has been learned that this equity-plus-cash deal is worth around ₹250 crore. This acquisition empowers M2P Fintech to leverage Goals101’s technology and integrate it seamlessly into its existing suite of financial services. By combining M2P’s fintech infrastructure with Goals101’s state-of-the-art analytics, the companies aim to revolutionise the way financial transactions are understood and optimised.
This acquisition will act as a catalyst for M2P to bring a high degree of personalisation to its digital banking products for its customers. Post-acquisition, the Goals101 team will continue to work on rolling out new data capabilities, leveraging its big data platform to create more facets of personalisation in financial products for customers.
