The Reserve Bank of India (RBI) recently recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation for fintech (SRO-FT) and is in the process of examining two other applicants. The fintech ecosystem in India

A critical component of SRO-FT role will be to monitor unethical or dubious practices and take steps to address them

SROs and fintechs: The emerging plot to boost partnerships, shape ecosystem

Business Standard

Fintechs in the country have grown in the last decade, both in the number of entities and scale. The key growth sectors have been payments, credit, insurance and wealth management, fuelled by angel investors, venture capital (VC) and private equity.

Fintechs in India have a young, technologically savvy population and a well-placed digital infra. Steps taken to ensure regulatory clarity and transparency are improving investor sentiment

Regulations have helped fintechs in governance

fintech

Regulators have recognised the potential they hold for our country. It is now upon companies to take the mantle forward

Rohan Lakhaiyar

Rohan Lakhaiyar

Rohan Lakhaiyar

SROs and fintechs: The emerging plot to boost partnerships, shape ecosystem

Regulations have helped fintechs in governance

As funding winter continues, how fintech firms may find path to thaw