Embedded Finance and Core Banking: How the Lines Are Blurring

The Widest Infrastructure Stack in Banking & Fintech: Every Product, Every AI Agent, One Platform

How Real-Time Payments and Core Banking Systems Are Powering Instant Transactions

Navigating the Turbulent Waters of Modern Core Banking

<img src="https://m2p-website-file.s3.ap-south-1.amazonaws.com/marketing-cms/m2p-blog/2026/05/cbt-banner.webp" alt="Core Banking Transformation: How a Leading Indian Digital Bank Scaled Faster with M2P’s Turing Platform" title="" id="l0pfp24a7" width="100%" height="362"> A leading digital‑first bank in India undertook a full transformation of its core banking infrastructure by migrating to M2P Fintech’s <a class="link" href="https://m2pfintech.com/blog/unlock-the-future-of-banking-with-next-gen-core-banking-solutions/" target="">Turing Core Banking Platform</a>. The bank, serving millions of customers across digital and assisted channels, faced escalating challenges from its aging monolithic system:&nbsp;<ul class="list-node" id="8qvkhl3rl"><li>Slow product launches</li></ul><ul class="list-node" id="30dyn3ahi"><li>Lack of real‑time capabilities&nbsp;</li></ul><ul class="list-node" id="fh2wbjtlz"><li>High operational overhead&nbsp;</li></ul><ul class="list-node" id="x0wf0hge9"><li>Limited scalability for modern payments&nbsp;</li></ul><ul class="list-node" id="sp31i7zdn"><li>Fragmented tech stack with multiple vendors&nbsp;</li></ul>To unlock the next phase of growth, the bank selected M2P’s cloud‑native, microservices-driven Turing Core—a unified platform delivering core banking, cards, UPI switch, wallets, reconciliation, compliance workflows and more.&nbsp;The migration—completed in under 90 days for 2.5 million+ customer accounts—not only modernized the bank’s technology foundation but enabled rapid digital product innovation, increased revenue throughput, and strengthened compliance and operational efficiency.&nbsp;&nbsp;<h2 class="heading-node" id="sbjsuoki2" style="text-align: left">Problem Statement&nbsp;</h2>The bank’s legacy core system created multiple structural bottlenecks:&nbsp;<ul class="list-node" id="mp82kwqt7"><li>Monolithic architecture restricted scalability and slowed down innovation</li></ul><ul class="list-node" id="iv17yvwmm"><li>Manual processes and disjointed systems increased dependence on operations teams</li></ul><ul class="list-node" id="66natgt0f"><li>Weak support for modern digital payments, especially real-time rails</li></ul><ul class="list-node" id="3hhswz7kb"><li>High cost of maintaining multiple technology vendors with patchy integrations</li></ul><ul class="list-node" id="tz23jo1l6"><li>Regulatory agility was hampered due to limitations in reporting, audit trails, and API surfaces</li></ul>The bank needed a future-ready core that could scale to millions of customers, unify its product ecosystem, and support both digital-first and assisted channels.&nbsp;&nbsp;<h2 class="heading-node" id="i3nlp7s8z" style="text-align: left">Why M2P Was the Ideal Strategic Partner?</h2>M2P offered a composable, end‑to‑end banking and payments stack—removing the need for multiple vendor integrations and enabling the bank to deploy new capabilities significantly faster.&nbsp;<h4 class="heading-node" id="42jef8iqy">Single Vendor. Complete Banking Stack. Zero Friction.&nbsp;</h4><h4 class="heading-node" id="husdqa49w">M2P’s platform delivered:&nbsp;</h4><ul class="list-node" id="btba5clb0"><li>Turing Core Banking System (cloud-native, microservices-based)&nbsp;</li></ul><ul class="list-node" id="uo00cjbja"><li>UPI switch &amp; payments infrastructure&nbsp;</li></ul><ul class="list-node" id="auhajly6b"><li>Card issuance, management &amp; processing&nbsp;</li></ul><ul class="list-node" id="33dvjsuwp"><li>Wallets / PPIs&nbsp;</li></ul><ul class="list-node" id="q795uhtt7"><li>Inbuilt reconciliation and settlement engine&nbsp;</li></ul><ul class="list-node" id="fx2c0fkn8"><li>Audit, reporting, and regulatory workflows&nbsp;</li></ul><ul class="list-node" id="v871xzze5"><li>API-first architecture for internal and partner channels&nbsp;</li></ul>This drastically reduced integration complexity and unlocked speed, scalability, and compliance-readiness for the bank.<h2 class="heading-node" id="b0l0gwi4i">Technology Advancements Enabled by M2P</h2><h4 class="heading-node" id="5scdl1w37">1. Modern, Cloud-Native Core (Turing CBS)&nbsp;</h4><ul class="list-node" id="c3k9m01j6"><li>Cloud-agnostic deployment&nbsp;</li></ul><ul class="list-node" id="uezucco1a"><li>Highly modular and API-first&nbsp;</li></ul><ul class="list-node" id="qj18ih1pr"><li>Enables rapid feature rollout and configurable products&nbsp;</li></ul><h4 class="heading-node" id="9gkr14sg7" style="text-align: left">2. Large-Scale Migration in &lt; 90 Days&nbsp;</h4><ul class="list-node" id="xpllwxl6h"><li>Over 2.5 million accounts migrated seamlessly&nbsp;</li></ul><ul class="list-node" id="5ndkohqji"><li>Parallel enablement of debit card issuance, wallet services, and core upgrades&nbsp;</li></ul><h4 class="heading-node" id="dgjt3e2os" style="text-align: left">3. Banking-as-a-Service (BaaS) Capabilities&nbsp;</h4><ul class="list-node" id="096cb0kyu"><li>Exposes configurable building blocks&nbsp;</li></ul><ul class="list-node" id="so16iarfc"><li>Enables ecosystem partners, fintechs, and assisted channels to plug in effortlessly&nbsp;</li></ul><h4 class="heading-node" id="37b496915" style="text-align: left">4. UPI &amp; Payments Switch&nbsp;</h4><ul class="list-node" id="rv130huyf"><li>Cloud-native, elastic, and high-availability design&nbsp;</li></ul><ul class="list-node" id="u1o60k65y"><li>NPCI-certified&nbsp;</li></ul><ul class="list-node" id="51onucea9"><li>Reduced total cost of ownership (TCO)&nbsp;</li></ul><h4 class="heading-node" id="lsjoz4xqe" style="text-align: left">5. Compliance, Audit &amp; Operational Controls&nbsp;</h4><ul class="list-node" id="g87v7fvcm"><li>Automated reporting and reconciliation&nbsp;</li></ul><ul class="list-node" id="2305q9n35"><li>Built-in workflows aligned with RBI’s IT governance and outsourcing framework&nbsp;</li></ul><ul class="list-node" id="ax75ieg7a"><li>Strengthened risk and fraud controls</li></ul><h2 class="heading-node" id="8amvhcm38" style="text-align: left">New Capabilities Unlocked After Migration&nbsp;</h2><h3 class="heading-node" id="2jl8x1yk5" style="text-align: left">1. Debit Cards&nbsp;</h3><ul class="list-node" id="o9oz402gi"><li>Instant virtual &amp; physical card issuance&nbsp;</li></ul><ul class="list-node" id="eit5qm3r8"><li>Real-time PIN management&nbsp;</li></ul><ul class="list-node" id="rpp6oveh3"><li>Fee management, card lifecycle, and operations tooling&nbsp;</li></ul><ul class="list-node" id="icgn3wia8"><li>Unified and automated reconciliation&nbsp;</li></ul><ul class="list-node" id="65gqqp1ug"><li>Smooth migration from legacy card system&nbsp;</li></ul><h3 class="heading-node" id="ajtq7hd2s" style="text-align: left">2. UPI &amp; Payments Infrastructure&nbsp;</h3><ul class="list-node" id="429wfhguw"><li>Full-stack UPI (App + TPAP-ready + Switch)&nbsp;</li></ul><ul class="list-node" id="tr3qmamgg"><li>Merchant acquiring capabilities&nbsp;</li></ul><ul class="list-node" id="x3r4rdt15"><li>Intelligent routing for high-volume retail payments&nbsp;</li></ul><h3 class="heading-node" id="a1puo35dn" style="text-align: left">3. Wallets / PPIs&nbsp;</h3><ul class="list-node" id="201k10p3m"><li>Issuance and lifecycle management&nbsp;</li></ul><ul class="list-node" id="1c0mrnalx"><li>Unified control for prepaid programs&nbsp;</li></ul><ul class="list-node" id="piftut0ut"><li>Native support for PPI-on-UPI trends&nbsp;</li></ul><h3 class="heading-node" id="17svd4l0d" style="text-align: left">4. Sweep Accounts&nbsp;</h3><ul class="list-node" id="inmig3c5u"><li>Automated thresholding and sweep rules&nbsp;</li></ul><ul class="list-node" id="g3rbgf4sq"><li>Seamless integration with partner banks&nbsp;</li></ul><ul class="list-node" id="9q24nx1lv"><li>Real-time posting and reconciliation&nbsp;</li></ul><h3 class="heading-node" id="0serjghd2" style="text-align: left">5. Direct Benefit Transfers (DBT)&nbsp;</h3><ul class="list-node" id="k74yuujny"><li>Native support for PFMS, NPCI, and Aadhaar-seeded account flows&nbsp;</li></ul><ul class="list-node" id="yw6duk3se"><li>Strong audit trails and automated exception handling&nbsp;</li></ul><ul class="list-node" id="mn298bpxn"><li>Supports AEPS withdrawals through assisted channels&nbsp;&nbsp;</li></ul><h2 class="heading-node" id="twhocyngd" style="text-align: left">Impact on Growth &amp; Revenue&nbsp;</h2>Within months of migration, the bank saw measurable transformation:&nbsp;<ul class="list-node" id="iy0p7xt4c"><li>Customer base tripled&nbsp;</li></ul><ul class="list-node" id="7mm8h51iw"><li>Deposit base grew 3x&nbsp;</li></ul><ul class="list-node" id="ytxegab0m"><li>1 million+ monthly active UPI users&nbsp;</li></ul><ul class="list-node" id="2n9qi02cs"><li>Significant year-on-year revenue uplift&nbsp;</li></ul>The unified stack accelerated both acquisition and engagement while reducing costs.&nbsp;&nbsp;<h2 class="heading-node" id="0duyunv1y" style="text-align: left">Integration with Digital &amp; Assisted Channels</h2>M2P enabled native integration across the bank’s digital ecosystem:&nbsp;<ul class="list-node" id="j3rbw7au5"><li>Digital Savings Accounts with instant onboarding&nbsp;</li></ul><ul class="list-node" id="5vzswxemg"><li>UPI handle creation &amp; management&nbsp;</li></ul><ul class="list-node" id="cwqq6xvbb"><li>Real-time account management, bill payments, and transfers&nbsp;</li></ul><ul class="list-node" id="brges9022"><li>Assisted channel enablement (AEPS, DMT) through rich APIs&nbsp;</li></ul><ul class="list-node" id="xiswpdxr6"><li>Merchant acquiring using M2P’s payments rails&nbsp;</li></ul>This allowed the bank to deliver a truly unified customer experience across all channels.&nbsp;&nbsp;<h2 class="heading-node" id="iyvgovh4r" style="text-align: left">Enhanced Capabilities for Sweep Accounts &amp; DBT&nbsp;</h2><h3 class="heading-node" id="hp2617j4g" style="text-align: left">Sweep Account Enablement&nbsp;</h3><ul class="list-node" id="tqdz918si"><li>Automated sweep-out workflows&nbsp;</li></ul><ul class="list-node" id="o616hi67d"><li>Consent capture &amp; management&nbsp;</li></ul><ul class="list-node" id="knpocjyh8"><li>Posting, reconciliation, and reporting out-of-the-box&nbsp;</li></ul><ul class="list-node" id="4kusd4s6f"><li>Fully compliant with Payment Bank guidelines&nbsp;</li></ul><h3 class="heading-node" id="zqv7ius2j" style="text-align: left">DBT Enablement&nbsp;</h3><ul class="list-node" id="y3fvw4j5r"><li>Real-time processing via PFMS ↔ NPCI&nbsp;</li></ul><ul class="list-node" id="20n4n285n"><li>Aadhaar-enabled crediting and withdrawals&nbsp;</li></ul><ul class="list-node" id="e485w3juz"><li>Scalable assisted channel operations&nbsp;</li></ul><ul class="list-node" id="54t88vmsf"><li>Faster SLA adherence through integrated workflows</li></ul><h4 class="heading-node" id="55p2z5vf9" style="text-align: left">Client Testimonial&nbsp;</h4>“M2P’s comprehensive banking stack has been the backbone of our transformation journey. Migrating over 2.5 million accounts in under 90 days while launching new digital services was remarkable. The Turing Core has enabled real-time capabilities, seamless scalability, and rapid innovation across our programs.”&nbsp; — CIO, Leading Indian Digital Bank&nbsp;&nbsp;<h2 class="heading-node" id="2slbrnczk" style="text-align: left">Takeaways</h2>By adopting M2P’s Turing Core Banking Platform, the bank transitioned into a digitally agile, compliant, and scalable financial institution. Its transformation stands as a model for modern banks that aim to:&nbsp;<ul class="list-node" id="7vrjuktmt"><li>Scale rapidly&nbsp;</li></ul><ul class="list-node" id="11mhe1a9z"><li>Reduce vendor complexity&nbsp;</li></ul><ul class="list-node" id="zl2vxmlua"><li>Embrace digital-first services&nbsp;</li></ul><ul class="list-node" id="0g1im5433"><li>Launch products faster&nbsp;</li></ul><ul class="list-node" id="zm0pu5viu"><li>Strengthen compliance &amp; real-time operations&nbsp;</li></ul>For banks seeking a future-proof core, <a class="link" href="https://m2pfintech.com/turing-core-banking/?utm_source=blog&amp;utm_medium=cta&amp;utm_campaign=cstdy" target="">M2P’s Turing platform</a> offers unmatched depth, speed, and flexibility—making it the clear choice for next-generation banking.

Core Banking Transformation: How a Leading Indian Digital Bank Scaled Faster with M2P’s Turing Platform

<img src="https://m2p-website-file.s3.ap-south-1.amazonaws.com/m2p-website-file/marketing-cms/m2p-blog/2025/02/2000x1000-100-1.webp" alt="Top fintech trends and predictions for 2025" title="" width="100%" height="358">As we step into 2025, the global fintech market is buzzing with excitement and possibilities. The industry is expected to hit a staggering $340 billion this year, and the pace of innovation shows no signs of slowing down. At M2P Fintech, we closely watch how technologies like AI, machine learning, and RPA are transforming the way we experience financial services.&nbsp; That being said, from AI-powered wealth management tools to the new innovations in neobanking, here are 10 key predictions we believe will shape the future of fintech in 2025.&nbsp;<h2 class="heading-node" id="fbqcyqbu6" style="text-align: justify">1. Embedded Finance will surge&nbsp;</h2>Embedded finance industry is projected to rise drastically in 2025, and in the upcoming years, it is estimated that embedded finance market will grow from $115.8 billion in 2024 to $251.5 billion by 2029 globally. This industry has diverse applications, from payments and banking to investing and beyond.&nbsp; Embedded finance will play a pivotal role in digital businesses, as the consumer seeks a more seamless and integrated experience. Embedded finance in India is expected to flourish from $5.8 billion in 2024 to $28.6 billion by 2029.&nbsp; Trends that are likely to shape this space include AI and automation, blockchain and smart contracts, PSD3 regulations, and connected industries. As more consumers realize the convenience and value of embedded finance, its adoption will continue to rise.&nbsp;<h2 class="heading-node" id="opuf2tynx" style="text-align: justify">2. Robotic Process Automation (RPA) to expand its role&nbsp;</h2>Robotic Process Automation (RPA) in financial services is set to evolve beyond the basic automation in 2025. Driven by trends such as hyper-automation, advanced AI integration, and the emergence of RPA-as-a-service, the global RPA market is projected to reach $13.87 billion by 2028, at a CAGR of 24.31%. In India specifically, the market for RPA is anticipated to reach $787.3 million by 2032.&nbsp;&nbsp; With more and more organizations prioritizing cost savings, high productivity, and a neat customer experience to meet the demands, making the market for automation is expected to expand wider. This growth enables FIs to automate complex processes and enhance operational efficiency and customer service, all while ensuring compliance with regulatory standards.&nbsp;<h2 class="heading-node" id="wmnaqoqt2" style="text-align: justify">3. Wealthtech industry is on an upward trajectory&nbsp;</h2>The wealthtech industry is primed to experience rapid expansion in 2025 with a projection to reach $12.07 billion by 2030, at a CAGR of 13.9%. &nbsp; The combined wealth of millennials and Gen Z, along with their preference for digital-first solutions, will drive innovations in the wealth management space. The integration of wealth management with gaming and social media will enhance the adaptability of the wealthtech platform.&nbsp; The rise of digital portfolios, rather than the physical assets, marks the investments in the financial instruments, which now make up 33% of India’s GDP. Especially post-pandemic, the usage of mutual funds and demat account inflows reached unprecedented levels.&nbsp;&nbsp; Looking forward to 2025, India’s wealthtech market carries immense potential; traditional hubs like Delhi and Mumbai continue to drive growth. Tier-2 and Tier-3 cities offer untapped markets for first-time investors who are eager to invest in these digital portfolios according to their risks and needs.&nbsp;<h2 class="heading-node" id="t77na0rlb" style="text-align: justify">&nbsp;4. Blockchain to take the lead&nbsp;</h2>The finance industry will gain more momentum in the blockchain race, as the technology is heavily focused on cheaper and faster financial transactions across borders. In the future, the adoption of blockchain will rise significantly to build more transparent and secure financial systems.&nbsp;&nbsp; At a CAGR of 82.2%, experts anticipate the global blockchain market to reach $1,235.72 billion by 2030. As consumers across the world need secure transactions, the opportunity for blockchain technology will immensely grow in the near future. Security and transparency, decentralization, and efficiency will boost the rise of blockchain technology.&nbsp;&nbsp; India’s blockchain market is predicted to reach revenue of $53,182.9 million by 2030, at a CAGR of 89.4%. Scalability, regulation, complexity, energy consumption, and security are the major challenges blockchain technology must overcome for its growth.&nbsp;<h2 class="heading-node" id="pil7my7iz" style="text-align: justify">5. AI will transform the industry&nbsp;</h2>This year, artificial intelligence (AI) is expected to revolutionize the fintech industry by improving operational efficiency and customer experiences. Projections indicate that the market for AI in fintech will reach $31.71 billion in 2027, steered by factors such as threat prevention, preventive analysis, demand for personalized user experience, high security, and faster transactions on the go.&nbsp;&nbsp; On the other hand, experts predict that India's market will reach $8.30 billion in 2025, at a CAGR of 27.86% to reach a market volume of $28.36 billion by 2030. By leveraging AI, fintech companies aim to create more inclusive financial ecosystems, ultimately making financial services more accessible and responsive to diverse consumer needs.&nbsp;<img src="https://m2p-website-file.s3.ap-south-1.amazonaws.com/m2p-website-file/marketing-cms/m2p-blog/2025/02/2000x1000-copy-100-1.webp" alt="Top fintech trends and predictions for 2025" title="" width="100%" height="358"><h2 class="heading-node" id="487atgitr" style="text-align: justify">6. Internet of Things (IOT) in fintech is set to snowball&nbsp;</h2>By 2029, the global IoT market is projected to reach $1.56 trillion with a 10.49% increase in market volume. With advancements in 5G connectivity, digital twin technology, edge computing, AI and ML, and blockchain, the rise of IoT looks promising. &nbsp; The Indian market of IoT is projected to expand to $49.82 billion by 2029. From smart payments to data-driven risk management, the IOT-fintech synergy is about reimagining financial services by creating personalization, security, efficiency, and accessibility for the consumers.&nbsp;&nbsp; The combination of IoT and fintech presents a unique opportunity that could transform the way customers bank, insure, invest, and transact financial opportunities.<h2 class="heading-node" id="srnqnt96b" style="text-align: justify">7. Buy Now, Pay Later (BNPL) will mature&nbsp;</h2>BNPL is expected to thrive in 2025, with the global market reaching $344 billion. Financial analysts attribute this growth to several factors, including the rising adoption of digital wallets and mobile payments, improved credit assessment models, increased regulatory oversight, and growing consumer demand for flexible and inclusive payment options.&nbsp;&nbsp;&nbsp; In India, the BNPL market is set to experience notable market expansion, estimated to reach $17.96 billion by the end of 2025. Surge in e-commerce, digital P2M payments, and increase in millennial and Gen Z consumer spending capacity would fuel this growth.&nbsp; While the competition among payment service providers is expected to drive innovation and accessibility, analysts suggest high interest rates and associated fees can potentially hinder growth and adoption.&nbsp;&nbsp; As the sector matures, it is likely to undergo consolidation, with market players focusing more on responsible lending practices. This shift will be driven by growing scrutiny from financial regulators, ensuring that BNPL services remain sustainable and consumer friendly.&nbsp;<h2 class="heading-node" id="jectuj0x1" style="text-align: justify">8. Open Banking to become more popular&nbsp;</h2>The state of open banking in 2025 looks incredibly promising and transformative. Open banking is set to become more popular in regions like the UK and Europe, making the global open banking payments transactions value increase to $330 billion by 2027.&nbsp;&nbsp; On the other hand, with financial institutions, regulators, and fintechs working together, the sector will see significant developments, enabling secured data sharing and collaboration between financial institutions, customers, and companies.&nbsp;&nbsp; In India, the open banking market is forecasted to reach a revenue of $7,485.8 million by 2030, at a CAGR of 29.8%. Further, financial analysts predict that artificial intelligence will play a crucial role in open banking by improving fraud detection, offering more accurate financial analytics, and providing personalized recommendations.&nbsp;&nbsp; &nbsp;<h2 class="heading-node" id="wpoc6ue18" style="text-align: justify">9. Neobanking sector will flourish&nbsp;</h2>2025 looks like a promising year with stellar growth and innovation for the neobanking market. Emerging trends such as the increasing adoption of AI, digital partnerships, shared banking, personal finance combined with market expansion, a digital-first approach, personalized services, and the integration of blockchain technology are expected to fuel this growth.&nbsp;&nbsp; The low-cost model for end customers, which offers extremely low monthly fees for banking services like minimum balance maintenance, withdrawals, and deposits, will propel the global neobanking market to reach $394.6 billion by 2026.&nbsp;&nbsp; While the neobanking market in India is set to reach $138.70 billion in 2025, its success is based on the adoption by millennials, micro, small, and medium enterprises (MSMEs), and those who have high income and earnings.&nbsp;<h2 class="heading-node" id="nttnp100z" style="text-align: justify">10. Gamification market is expected to boom&nbsp;</h2>Gamification is emerging as a pivotal trend in the fintech sector, significantly enhancing customer engagement and retention. This trend is expected to strengthen substantially in 2025, driven by increased adoption across various sectors, including banking and retail, as businesses leverage gamification to enhance customer experiences and foster loyalty.&nbsp;&nbsp; In India, the gamification trend is gaining momentum as fintech apps are adopting gamification strategies that resonate with local users. Elements such as rewards points, badges, and challenges motivate users to engage more deeply with apps. This not only enhances user engagement but also promotes financial literacy among the younger demographic.&nbsp; Want to stay ahead of these fintech trends?&nbsp;&nbsp; Explore how <a class="link" href="https://m2pfintech.com/contact-us/?activeKey=1">M2P Fintech</a> can help you leverage fintech for your business.&nbsp; <a class="link fui-Link ___1idfs5o f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1hu3pq6 f11qmguv f19f4twv f1tyq0we f1g0x7ka fhxju0i f1qch9an f1cnd47f fqv5qza f1vmzxwi f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh ftqa4ok f2hkw1w fhgqx19 f1olyrje f1p93eir f1h8hb77 f1x7u7e9 f10aw75t fsle3fq f17ae5zn" href="https://m2pfintech.com/newsletter/" target="_blank" rel="noreferrer noopener">Subscribe</a>&nbsp;to our newsletter and get the latest fintech news, views, and insights, directly to your inbox. 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Top 10 Fintech Predictions for 2025

<img src="https://m2p-website-file.s3.ap-south-1.amazonaws.com/m2p-website-file/marketing-cms/m2p-blog/2022/11/Super-Apps-in-Banking-blog_Word-press.webp" alt="M2P Fintech" title="" width="100%" height="479">Imagine an app that allows you to access your bank accounts, make payments, take out loans, handle your insurance policies, monitor your investment dashboard, and more—all in one!Wouldn't that be the epitome of convenience? Such nifty apps are no longer a fiction.&nbsp;Embrace yourself when we say these SUPER APPS are on their way to radically disrupt the way we know accessibility in digital banking.&nbsp;Before diving deep into Super apps in consumer banking, let us quickly recap what a Super app is.<h2 class="heading-node" id="ny0ld8tzi" style="text-align: justify">What are Super apps?</h2>A Super app is a single portal that powers a wide range of functions and services shaped around users' daily lifestyle needs. Technically, a super app is a collection of multiple niche applications that establish an ecosystem of fully-integrated third-party services aided by a payment system. This creates a mini operating system that acts like a digital assistant, working at the user's convenience as one can stay in the app to carry out a multitude of tasks.Although the concept has been creating massive buzz recently, it isn't new. Businesses like TenCent, Alipay, Grab, Paytm, and Gojek have been the frontrunners for years. Let us give you a quick overview of how some of these companies support an all-inclusive platform.TenCent is a Chinese company that started as a simple messaging platform (named WeChat). Once they built their billion-plus customer base, they slowly set up a network of services, including virtual wallets, payments, hotel reservations, taxi rides, medical consultations, games, and much more.An example that is closer to home is Paytm. In 2010, Paytm was launched as a payment application. Today, it offers a comprehensive set of services, including online shopping, credit cards, loans, repayments, microloans, BNPL, insurance, ticketing services, retail brokerage products, online games, and more on its platform. Given the platforms' extensive acceptance, several fintechs are now trying to recreate a similar model customized to their customer bases.<h2 class="heading-node" id="zehxh25s4" style="text-align: justify">What makes them Super?</h2>What marks off a Super app from a regular app is the element of multifunctionality, comprehensiveness, and data privacy. Further, it best suits businesses with extensive data and a large customer base. In addition, rendering a gamut of services and products through one application gives customers a sense of belonging, ownership, and safety, which significantly enhances the customer experience.Here are some of the key factors that contributed to the popularity and success of Super apps.One-click relevance: Provides customers with personalized overviews and product offers. Rolling everything customers need to transact through daily life into a Super app is one way to core relevance and success.&nbsp;Real-time communications: Chatbot interactions that offer real-time assistance, including upselling, fraud prevention, nudges, and recommendations.&nbsp;Connectivity: Anything from financial, business, lifestyle, and health to government can be accessed through one app.<h2 class="heading-node" id="n493lw6t3" style="text-align: justify">Super apps in Consumer Banking</h2>Super apps in the banking sector are a rare feat. Conversely, fintechs quickly recognized the potential of enabling ultra-personalization and budget automation using AI-powered financial assistants. They are keen to build Super apps that can leverage aggregators with established digital marketplaces to connect users with an existing ecosystem for digital banking and financial services.Ideally, a financial Super app is a multi-function digital banking and <a class="link" href="https://m2pfintech.com/blog/the-rise-of-digital-payments/" target="">payments</a> solution featuring financial services that are beyond payments. The app must enable consumers to perform most of their daily activities digitally, like bill and fee payments, purchases, fund transfers, bookings, tickets, subscriptions, investment management, and insurance purchases and management. Interestingly, the list can keep adding as many functionalities as possible to improve customer engagement and satisfaction.According to recent studies, about 50% of consumers use mobile application or website at least once a week to interact with their bank. This stands as a testimony that today's consumers and businesses expect their banks to be a tap away and swiftly adapt to their digital needs. Experts believe, with embedded finance and open banking, any provider can become a super app that serves as a gateway that delivers the ever-growing demand for convenience in the banking process — rather than just a series of disconnected/loose-ended financial services.When it comes to consumer banking, it's all about comprehensive experience in a Super app environment. And it takes more than just tech. It requires full partner-network management, a clear understanding of compliance, rights, responsibilities, liabilities, commitment to developing a broad-ranging ecosystem, and more. For instance, a <a class="link" href="https://m2pfintech.com/blog/neo-banking-101-all-you-need-to-know/">Neobank</a> can provide an 'N' number of financial products and services by integrating with regulated FI at the back end and tech-driven fintech at the front end.Essentials of Financial Super apps Intuitive user experience and interconnectedness are the cornerstones of a financial Super app. These will allow users to easily access all available features. Here are some of the key elements that a financial Super app must include:<ul class="list-node" id="52ez20cgw"><li>Shared wallet&nbsp;</li><li>Savings accounts&nbsp;</li><li>Budgeting tools&nbsp;</li><li>Bill reminders</li><li>Auto bill payments&nbsp;</li><li>Managing subscriptions&nbsp;</li><li>Investment options&nbsp;</li><li>QR code payments and rewards</li></ul><h2 class="heading-node" id="sw6d1s7fn" style="text-align: justify">How Open Banking powers Super apps?</h2>Super apps use financial data from multiple sources to create financial products and services to meet customers' needs.But how do they get to know what their users need?What provides them with the information they need to create an omni-channel experience?Enter Open Banking.Open banking is the foundation of interoperability in the banking sector. For novices, Open Banking system uses <a class="link" href="https://m2pfintech.com/blog/api-the-power-that-drives-new-age-banking-ecosystems/">APIs</a> to provide third-party financial service providers access to consumer banking, transactions, and other financial data from banks and NBFCs. To understand the working of Open Banking, read <a class="link" href="https://m2pfintech.com/blog/open-banking-a-primer-2/" target="_blank" rel="noopener">here</a>.The Open Banking system presents the platform with a spectrum of opportunities to tailor financial services to cater to each user's requirements. It employs advanced technologies like AI, ML, and Data Analytics to maximize personalization and build customer-relevant products by leveraging customers' data. Using advanced technology to analyze data and develop customer-centric products/services fosters data-sharing culture and data-driven decision-making across the ecosystem.With the help of Open Banking, Super apps can empower customers to check their account balances, make payments, track recent transactions, and perform other traditional banking operations from the app's digital wallet. This strikingly reduces the need to access a bank's app. In addition, as Open Banking expands into open finance and open data, Super apps can access and connect with a wide range of partners to augment go-to-market speed for new products and broader their customer base.<h2 class="heading-node" id="9eqqd85qv" style="text-align: justify">API Inference</h2>API infrastructure is the essence of embedded finance and open banking. A good API provider wraps intricacies like disputed payments and connecting to multiple suppliers inside the API system. This allows intended apps to work together in several ways and develop a comprehensive ecosystem. In addition, APIs empower Super apps to handle extensive, inter-connected data through multiple levels without disturbing the user journey. Fintechs leverage APIs to seamlessly incorporate functionalities into cloud-native apps. They employ full-fledged, mobile-first, customizable API stack to simplify consumer banking and enable end-to-end customer-centric retail offerings.Want to understand the nuts and bolts of Super apps? Write to us at <a class="link" href="mailto:business@m2pfintech.com">business@m2pfintech.com</a>&nbsp;&nbsp;To boot, what would an ideal Super app be for you? Let us know in the comments below.&nbsp;<a class="link" href="https://m2pfintech.com/newsletter/">Subscribe</a> to our newsletter and get the latest fintech news, views, and insights directly to your inbox.&nbsp;Follow us on <a class="link" href="https://www.linkedin.com/company/m2pfintech/mycompany/">LinkedIn</a> and <a class="link" href="https://twitter.com/m2pfintech">Twitter</a> for insightful fintech tales curated for curious minds like you.

Super Apps in Consumer Banking - What Role does Open Banking Play?

<img src="https://m2p-website-file.s3.ap-south-1.amazonaws.com/m2p-website-file/marketing-cms/m2p-blog/2022/07/MicrosoftTeams-image-3.webp" alt="M2P Fintech" title="" width="100%" height="447"><a class="link" href="https://m2pfintech.com/blog/neo-banking-101-all-you-need-to-know/">Neobanks</a> have led to tectonic shifts in every corner of the financial services market. The market embraces a new player almost every day with a prime intention to simplify financial services to meet the ever-evolving expectations of the digital-age customers.According to recent reports, some of the most prominent players in the market see over 140% year-on-year growth in their customer base. However, growth does not necessarily translate into profits. Even after more than five years in business, a large number of neobanks are operating at a loss.Globally, the neobank market continues to grow swiftly. But the real question is, how many of these banks will succeed and be sustainable?We have our very own Devang Mehta, Vice President of Business Development spill the beans on what makes a neobank successful. Devang delves into the pros and cons of the current business model and offers insightful strategies on how to refine vision and value propositions that will help build a neobank that is both profitable and sustainable.Being an avid neobanker and fintech enthusiast himself, he is certain that neobanks are here to stay and have a long way to go. He also shares his vision of a neobank that works like your relationship manager on the phone.Here are key nuggets from Devang’s wisdom.<h2 class="heading-node" id="852f" style="text-align: justify">What are the wins?</h2>First off, neobanks enable online transactions round-the-clock, 365-days. They offer easy, convenient, and on-the-go services. Users can transfer funds instantly at any time, from anywhere, without worrying about bank working hours/days. The business model is usually transparent and delivers real-time notifications detailing the reasons for the charges and penalties incurred by the customer.They have low operational costs due to the absence of physical branches, minimal credit risks, and fewer regulations. Thereby, customers benefit from lower prices and higher interest rates. With its lean business models and superior technologies, neobanks greatly emphasize customer orientation by offering personalized services and products.<h2 class="heading-node" id="eae8" style="text-align: justify">Where do neobanks fall short?</h2>Generally, neobanks operate on an exceptionally low margin as they tend to offer competitive low-cost pricing, higher deposit rates, and incentives to increase their customer base. With no revenue-generating products such as credit cards and loans, neobanks fail to make a profitable and sustainable enterprise. Having no solid revenue model is one of the biggest downsides of a neobank business.Building trust with the customers of the legacy bank is another key challenge for neobanks. The customers feel traditional banks are safe and reliable compared to the new-age banking technology. Although neobanks put forth quick, accessible, and round-the-clock services, a significant share of customers uses neobanks as their secondary account.Aside from the above, lack of standard regulatory framework, superlative customer expectations, and cost involved in the technology and development are some of the challenges that neobanks face.<h2 class="heading-node" id="2ba2" style="text-align: justify">Quest for profitable and sustainable neobanking - The “why” and “what”</h2>Devang believes the quest for a profitable and sustainable neobank starts with two questions:<ol class="list-node" id="gbcty8qf5"><li>Why do you want to create a neobank?</li><li>What do you want the neobank to be known for?</li></ol>Today’s consumers are presented with a gamut of financial services to choose from. Potential customers are keen to know what problems you are solving for them. A compelling vision for your neobank will make the right customers see how your “why” aligns with their pain points, goals, and objectives. “What” your neobank is will help you tap into the right customer segment to fulfill your purpose.For example, assume you are packing your bags and moving to another continent for a successful educational or career experience. It is one thing to assimilate the new environment but being tugged into a totally unfamiliar ecosystem for essential services and financial assistance like banking or debit card usage can knock you sideways.Imagine, you receive a sim card, a bank account, a checkbook, a debit card, and perhaps even insurance as your onboarding kit. Wouldn’t that be the ultimate welcome kit?That’s exactly how Devang envisages a neobank that caters to students, blue-collar job holders, and working professionals. Drawn from his experience as an expatriate, he aspires to build a neobank that offers quick and seamless financial services to immigrants arriving in a new country.Understanding your “why” and “what” will form the fundamental principle of your neobank’s vision. Once you have a clear conception of your vision, you must support it with comprehensive planning based on:<ul class="list-node" id="fmgvwr81y"><li>A defined target customer segment</li><li>Regulatory compliance in the respective market</li><li>Data protection/localization</li><li>Application with customer-friendly UI/UX</li></ul>Devang highlights that beta testing is paramount and the key to boosting the performance of a neobank application. Unfortunately, most players fail to include beta testing in their development life cycle in a rush to go to the market soon.Though neobanking is the perfect example of how convenient banking can be for users, it is still in its nascent stage. Whether you are an incumbent or a new player, agility and responsiveness to market trends are critical to surviving in an increasingly crowded digital financial services ecosystem. Therefore, it’s extremely imperative to understand, analyze, and constantly refine your vision to carve out your place in the market. The key is to remember what you want to achieve and why.Check out our blog on&nbsp;<a class="link au lg" href="https://m2pfintech.com/blog/7-steps-to-start-a-neo-bank-from-scratch/" rel="noopener">how to start a neobank</a>&nbsp;for step-by-step guidance.Curious to know how you can create a powerful vision and value proposition for your neobank? Write to us at <a class="link au mv" href="mailto:business@m2pfintech.com" target="_blank" rel="noopener ugc nofollow">business@m2pfintech.com</a>.<a class="link" href="https://m2pfintech.com/newsletter/">Subscribe</a>&nbsp;to our newsletter and get the latest fintech news, views, and insights, directly to your inbox. Follow us on&nbsp;<a class="link" href="https://www.linkedin.com/company/m2pfintech/mycompany/">LinkedIn</a>&nbsp;and&nbsp;<a class="link" href="https://twitter.com/m2pfintech">Twitter</a>&nbsp;for insightful fintech tales curated for curious minds like you.

Strategy to Reorient Neobanking for Sustained Profitability

<img src="https://m2p-website-file.s3.ap-south-1.amazonaws.com/m2p-website-file/marketing-cms/m2p-blog/2022/04/Artboard-1-copy-8-1.webp" alt="M2P Fintech" title="" id="9ra9mwwfl" width="100%" height="362">Did you know? A majority of consumers say user experience is a top factor in whether they stay with a bank, credit card, or loan provider. Five years ago, that was already true. It's only become truer now that switching from one banking app to another takes a single tap.<h2 class="heading-node" id="3pt8ic6ff">Transforming transactions into experience</h2>Customer-centricity isn't a nice-to-have for banks anymore — it's a survival requirement. Turning transactions into personalized, low-friction experiences is what keeps customers from switching to a competitor's app.Neobanks led that shift by bridging conventional banking with evolving customer expectations. High on personalization and flexibility, they changed what "banking" looks like for a generation of Indian consumers and small businesses.None of that happens at the app layer alone, though. Behind every clean onboarding screen sits a stack of infrastructure the user never sees: a <a class="link" href="https://m2pfintech.com/kyc-suite/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug" target="_blank">digital KYC solution</a> that verifies identity in seconds, a <a class="link" href="https://m2pfintech.com/turing-core-banking/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug" target="_blank">core banking solution</a> that keeps the ledger accurate in real time, and fraud controls that quietly decide which transactions clear. As the neobanks below have scaled, this infrastructure layer — not just app design — has become the real differentiator.<h2 class="heading-node" id="lbxo3m7vx">New to the world of neobanks?</h2>Don't confuse <a class="link" href="https://m2pfintech.com/blog/neo-banking-101-all-you-need-to-know/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug" target="_blank">neobanks</a> with digital banks — they're not the same thing. Digital banks are traditional banks offering services online. <a class="link" href="https://m2pfintech.com/blog/neo-banking-the-rise-of-new-age-banking/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug" target="_blank">Neobanks</a> are fintechs and NBFCs delivering cost-efficient, personalized financial services to gig workers, blue-collar employees, and small businesses, usually in partnership with a licensed bank.Free from legacy infrastructure and rigid administrative structures, neobanks have always focused on convenience and alternative ways to assess creditworthiness. What's changed since 2021 is that they're now doing this inside a much tighter regulatory perimeter.<h2 class="heading-node" id="ekdcevgif">The ground has shifted since 2021</h2>A few regulatory moves reshaped this entire list:<ul class="list-node" id="prppq0092"><li>RBI's June 2022 clarification on prepaid instruments barred non-bank PPIs from being loaded via credit lines or credit cards. This hit the "spend now, settle later" model that several youth- and teen-focused neobanks had built their card economics around.</li><li>The 2022 Digital Lending Guidelines tightened how loans sourced through fintech apps must be disbursed, serviced, and disclosed — moving control of loan accounts and repayment flows more firmly onto regulated balance sheets.</li><li>The 2023–24 funding slowdown pushed the sector from growth-at-all-costs to unit economics. Several neobanks trimmed teams, narrowed product lines, or leaned harder into their B2B/business-banking lines, which had cleaner paths to revenue than consumer neobanking.</li></ul>The neobanks still standing in 2026 are, largely, the ones that adapted to all three. Here's where each of the original 14 stands today.In this list: RazorpayX · FamPay · Niyo · Open · Freo · Fi Money · Jupiter · InstantPay · Muvin · Finin · Akudo · SaveIn · Zikzuk · OCareNeo<hr><h3 class="heading-node" id="cjv5mhxeh">1. <a class="link" href="https://razorpay.com/x/" target="_blank">RazorpayX</a></h3>RazorpayX is the business banking product from Razorpay, the payments unicorn founded by Harshil Mathur and Shashank Kumar in Bangalore in 2014. It helps businesses manage payouts, payroll, vendor payments, and cash flow, with credit and lending features layered on for working-capital needs — the kind of ongoing repayment tracking a <a class="link" href="https://m2pfintech.com/loan-management-system/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">loan management software</a> is built to handle at scale.Razorpay went on to raise further growth capital after 2021 and completed its reverse-flip redomiciliation from the US back to India in 2023 — a move several other Indian fintech unicorns have since followed. RazorpayX itself has expanded into payroll, current accounts, and embedded lending for the businesses that sit on top of Razorpay's payments stack.<h3 class="heading-node" id="lg4ncjdvx">2. <a class="link" href="https://www.fampay.in/" target="_blank">FamPay</a></h3>FamPay, founded by Kush Taneja and Sambhav Jain in Bangalore in 2019, built India's best-known neobank for teenagers — a numberless, co-branded prepaid card (with IDFC FIRST Bank) designed with VISA, rewarded with Famcoins, and usable under parental supervision.RBI's 2022 restriction on credit-line-loaded prepaid instruments landed squarely on this category of product, and FamPay — like most teen-focused card apps — had to rework parts of its model around UPI-first, prepaid-only flows rather than the credit-adjacent spending it originally offered. Its rewards layer, Famcoins, is the kind of feature that depends on a proper <a class="link" href="https://m2pfintech.com/rewards/">rewards management platform</a> sitting underneath it to track, redeem, and reconcile at volume.<h3 class="heading-node" id="dpcvzxkds">3. <a class="link" href="https://www.goniyo.com/" target="_blank">Niyo</a></h3>Niyo, founded by Vinay Bagri and Virender Bisht in Bangalore in 2015, remains one of the clearest financial-inclusion stories in Indian neobanking. NiyoX (a zero-balance savings account with Equitas Small Finance Bank) and Niyo Global (a multi-currency forex travel card with SBM Bank and DCB Bank) are both still core to its offering, and the company has continued to raise growth-stage funding in the years since.Niyo built much of its early infrastructure on <a class="link" href="https://m2pfintech.com/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug" target="_blank">M2P's</a> APIs.<h3 class="heading-node" id="gin1pm92b">4. <a class="link" href="https://www.open.money/" target="_blank">Open</a></h3>Open, founded in Bangalore in 2017 by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko, and Deena Jacob, built a business banking platform for startups and SMEs — current accounts, payments, expense management, and auto-reconciliation, the kind of <a class="link" href="https://m2pfintech.com/recon360/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">reconciliation software</a> capability that's now table stakes for any serious business banking product.Open went on to reach unicorn status in a later funding round backed by investors including Temasek and Google, and spun out its banking-as-a-service infrastructure (Zwitch) as a separate offering for other fintechs to build on.<h3 class="heading-node" id="4ix84e9wx">5. <a class="link" href="https://freo.money/" target="_blank">Freo</a> (formerly MoneyTap)</h3>Freo — rebranded from MoneyTap — was founded by Anuj Kacker, Bala Parthasarathy, and Kunal Varma in Bangalore, and remains India's clearest example of a credit-led neobank: it leads with credit lines and cards, then builds savings and spending around that credit relationship, in partnership with banks and NBFCs including IDFC FIRST Bank and RBL Bank.That model runs on two things end to end: originating the credit line — the job a <a class="link" href="https://m2pfintech.com/loan-origination-system/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">digital loan origination system</a> is built to standardize — and then servicing it through repayment, which is exactly what a <a class="link" href="https://m2pfintech.com/loan-management-system/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">loan management software</a> layer handles once the credit is live.<h3 class="heading-node" id="znb67klwf">6. <a class="link" href="https://fi.money/" target="_blank">Fi Money</a></h3>Fi Money, founded by Sujith Narayanan and Sumit Gwalani in Bangalore in 2019, partners with Federal Bank for its zero-balance savings account and debit card. Since 2021, Fi has broadened well past savings — adding a co-branded Fi-Federal credit card, mutual fund and stock investing, and account-aggregator-linked features that let users see accounts held elsewhere inside the Fi app.<h3 class="heading-node" id="thu6fgwxd">7. <a class="link" href="https://jupiter.money/" target="_blank">Jupiter</a></h3>Jupiter, founded by Citrus Pay founder Jitendra Gupta in Mumbai in 2019, launched with an invite-only model built around Federal Bank–backed savings accounts, debit cards, and "Pots" for goal-based saving. It has since broadened into salary accounts and a credit card product (Jupiter Edge).Like most of the sector, Jupiter navigated the 2022–23 funding slowdown by tightening cost discipline rather than chasing user growth for its own sake — a pattern that shows up across nearly every neobank on this list that survived the reset.<h3 class="heading-node" id="yhc5h8wjh">8. <a class="link" href="https://instantpay.in/" target="_blank">InstantPay</a></h3>InstantPay, founded by Shailendra Agarwal, Mohammad Rehan, and Sankalp Shangari in New Delhi in 2013, built full-stack banking for individuals, SMEs, and larger businesses via partnerships with ICICI Bank, Axis Bank, IndusInd Bank, and YES Bank. Its Digi Kendra branches extend banking, insurance, and bill-payment access to customers who aren't comfortable transacting online.At the volumes a business-correspondent network like this processes — cash-in, cash-out, remittances, bill pay, all happening through agents rather than a single app — a proper <a class="link" href="https://m2pfintech.com/frm-aml/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">fraud and risk management solution</a> isn't optional. It's the only practical way to keep agent-led transactions safe at scale.<h3 class="heading-node" id="zkbo8obps">9. Muvin</h3>Muvin, founded by Vineet Gupta and Mukund Rao in Bangalore in 2020, launched a prepaid card and app aimed at teens and young adults. Its card-based model sat in the same category that RBI's 2022 prepaid-instrument restrictions reshaped most heavily.<h3 class="heading-node" id="016xy9xgy">10. Finin</h3>Finin, founded by Suman Gandham and Sudheer Maram in Bangalore in 2019, offered unified account views and automated money management for students and young professionals, built on M2P's APIs and a partnership with SBM Bank.<h3 class="heading-node" id="pc4rrlbz7">11. Akudo</h3>Akudo, founded by Lavika Aggarwal, Sajal Khanna, and Jagveer Gandhi in Bangalore in 2020, built a gamified debit card for teens in partnership with VISA and RBL Bank, aimed at building savings habits early.<h3 class="heading-node" id="if79gq972">12. SaveIn</h3>SaveIn, founded by Anurag Varma, Gaurav Luthra, and Jitin Bhasin in New Delhi in 2020, built a peer-to-peer lending and matchmaking platform connecting borrowers with trusted lenders through licensed banking and payment partners.<h3 class="heading-node" id="ussv8z4iq">13. Zikzuk</h3>Zikzuk, founded by Raj N in Telangana in 2020, targeted SMEs with a founder-focused credit card and AI/ML-driven business intelligence, plus connected banking that aggregates a business's accounts into one view.<h3 class="heading-node" id="wx2l9cf5q">14. OCareNeo</h3>OCareNeo, founded by Dr. Neeraj Sheth in 2015, positioned itself as India's first health-and-banking platform — QR-based medical history access, virtual cards for medical expenses, and a digital health passport tied to financial information.<hr><h2 class="heading-node" id="d81ym8ckm">Where the story goes from here</h2>The neobanks that make up this list in 2026 look noticeably different from their 2021 selves — not because the customer promise changed, but because the infrastructure underneath it had to grow up fast. Compliant onboarding, real-time ledgers, disclosed and properly serviced credit, and fraud detection built for scale aren't optional extras anymore; they're what separates a neobank that survives a regulatory reset from one that doesn't.That's the layer M2P works on with banks, NBFCs, and fintechs across this ecosystem — from <a class="link" href="https://m2pfintech.com/turing-core-banking/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">core banking</a> and <a class="link" href="https://m2pfintech.com/kyc-suite/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">KYC</a> to <a class="link" href="https://m2pfintech.com/loan-origination-system/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">lending</a>, <a class="link" href="https://m2pfintech.com/recon360/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">reconciliation</a>, and <a class="link" href="https://m2pfintech.com/frm-aml/?utm_source=neobank&amp;utm_medium=blg&amp;utm_campaign=aug">fraud and risk management</a> — so the neobanks building on top of it can focus on the customer experience.Want to talk about your neobanking journey? Reach us at <a class="link" href="mailto:business@m2pfintech.com">business@m2pfintech.com</a>.<a class="link" href="https://m2pfintech.com/newsletter/">Subscribe</a>&nbsp;to our newsletter and get the latest fintech news, views, and insights, directly to your inbox.Follow us on&nbsp;<a class="link" href="https://www.linkedin.com/company/m2pfintech/mycompany/">LinkedIn</a>&nbsp;and&nbsp;<a class="link" href="https://twitter.com/m2pfintech">Twitter</a>&nbsp;for insightful fintech tales curated for curious minds like you.

Tag: "Neobanking (14)"

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