M2P Fintech, Asia's largest API infrastructure company, has acquired Origa.ai to bolster its technology capabilities around new age collection. Origa.ai is next-generation full-service technology platform that allows both fintech and traditional lenders to manage their collections operations efficiently with intuitive repayment analytics and a full stack omni channel collection capability. The acquisition aligns with and accelerates M2P's vision to provide a comprehensive fintech ecosystem.

Muthukumar A, Co-founder, M2P Fintech said

"India is probably entering its golden decade for the consumption credit business, with more people joining the work force, thereby becoming eligible to avail credit, efficient collection and importantly real time data on collection becomes extremely important to achieve scale by managing risk efficiently for Banks and fintech. The integration of Origa.ai into M2P Fintech’s platform offering sits perfectly with our vision of co-creating products by leveraging our API infrastructure".

Muthu also said,With the advent of small ticket lending products like BNPL, low cost, high technology enabled collection capabilities will play as an important cog in the wheel for digital lending businesses, and we believe we are uniquely poised to cater to this emerging demand.

Venkatesh Chari founder & CEO of Origa.ai

He will take up a Product leadership role at M2P and will continue to build out the vision for Origa and bolster the debt management stack. He commented"Our mission is to modernise collections, which allows fintech and traditional lenders to intelligently manage their collections operations and repayment analytics. Joining M2P Fintech provides us a tremendous opportunity to accelerate our vision. We are looking forward to integrating the Origa.ai services with M2P Fintech's core services and products to benefit any company looking to improve its collections processes.

Origa.ai's platform leverages proprietary technology and data science insights to optimise and accelerate collections, thereby improving the experience for borrowers, lenders, and collection agents. The company provides an AI algorithm-driven debt management platform and services that leverages extensive use of data from various sources for personalised debt management services. The platform predicts delinquencies and automatically executes personalised follow-up actions with customers through a multilingual chatbot.

About M2P Fintech

M2P Fintech is an API infrastructure company that enables businesses of any scale to embed financial products in their customer journeys.

Our agile platform allows businesses to quickly create and deploy fintech products by simplifying the partnerships with Banks, PPIs, FIs, and other regulated entities. We provide deep domain expertise with significant speed to market while maintaining the scalability, security, and reliability at the core of our offerings.

About Origa.ai

Origa.ai is a SaaS service that is India's next-generation full-service tech platform that allows fintech and traditional lenders to intelligently manage their collections operations and repayment analytics. Origa.ai's platform leverages proprietary technology & data science insights to optimise and accelerate collections, thereby improving the experience for borrowers, lenders, and collection agents. To provide last mile collection, Origa.ai is enabling a distributed network of partners on its platform, bringing unprecedented organization and efficiency to the legacy industry.