New Delhi, April 22 -- Chennai-based M2P Fintech has appointed former Hitachi Payment Services finance executive Vivek Seshadri as group CFO, as it begins laying the groundwork for a potential IPO over the next few years, co-founder and CEO Madhusudanan R told Mint.

The move marks a formal step toward institutionalizing the fintech's finance function as it scales globally and prepares for eventual public markets scrutiny. While the company says a listing is still "at least a couple of years away", the hire signals that IPO preparation has begun internally.

"We are at least a couple of years away," said Madhu. "But inevitably that will be the path that we will take."

Seshadri, who has more than 15 years of experience across strategic fi...