M2P Fintech buys Syntizen Technologies

M2P The leading API infrastructure provider in Asia, Fintech, recently announced the acquisition of Syntizen Technologies, a provider of instant, paperless, electronic, and legitimate customer identification solutions for the business sector and citizen identity services for the public sector.

M2P Fintech offers an API infrastructure that makes it possible for companies of any size to integrate financial products. It currently collaborates with more than 500 banks, fintech companies, and other financial organisations.

Three young entrepreneurs, Siddharth Kukatlapalli, Vamsi Kotte, and Dinesh Desu, launched the Hyderabad-based SAAS startup Syntizen Technologies in 2014. It is a T-Hub incubated company.

Syntizen provides services centred around the Aadhaar ecosystem and AI/ML algorithms because digital identity is their area of expertise. Products like Aadhaar e-KYC, Video KYC, Aadhaar Masking, and others like Facial Liveness & Facial Matching are available from Syntizen.