IndusInd Bank partners with M2P to offer digital first and digital only products

5 Aug 2022 , 10:33 AM

IndusInd Bank has partnered with M2P Fintech, global leader in embedded API infrastructure to roll out path breaking customer value propositions across payments and lending solutions. 

Last year, the Bank has announced its ideas to launch a unique, personalized experience led customer value proposition as part of ‘IndusInd Bank – Digital 2.0’ strategy. accordingly, the Bank is continuing its focus on building digital first and digital only business models further expanding its digital suite of products.

The Bank will leverage M2P’s cutting-edge technology backed by analytics to deliver hyper-personalized offering across payments and lending, making these solutions a first of their kind in India.

Speaking about the bank’s digital journey, Charu Mathur, Head – Digital Banking & Strategy, IndusInd Bank said “In line with our vision to launch end to end digital value propositions, the bank is working with various ecosystem players to bring best of breed solutions in personal finance management and innovative products across payments, lending and wealth management to the clients.

With M2P fintech, we have the caliber to completely re-invent the consumer experience given high degree of agility, modularity and scalability of the stack and API nativeness and composability of it. M2P will be a strong asset to our ecosystem to deliver banking and payments the way customers actually want”.

At around 10:37 AM, IndusInd Bank was trading at Rs1,049 per share down by Rs1.1 or 0.1% from its previous closing of Rs1,050.10 per share on the BSE.