Technology & Digital
Fintech & Digital Payments
India has emerged as one of the world's largest and most dynamic fintech ecosystems, driven by the Digital India mission, UPI revolution, Aadhaar-linked KYC, and regulatory sandboxes. The sector spans digital lending, wallets, payments banks, neo-banking, blockchain, and cross-border remittances.
With the Reserve Bank of India (RBI) and other regulators tightening norms on digital lending, data protection, cybersecurity, and consumer protection, fintech entities face a complex but high-growth environment. Our Fintech & Digital Payments Practice provides holistic legal and regulatory support, enabling our clients to innovate responsibly while staying compliant.
Our Team and Approach
We advise fintech startups, payment aggregators, NBFCs, digital wallets, payment gateways, lending platforms, reg-tech providers, and investors. Our team combines regulatory law, corporate finance, data privacy, and dispute resolution expertise, offering comprehensive solutions across the fintech value chain. We work closely with clients to design business models aligned with regulatory expectations, ensuring seamless entry, compliance, and scalability.
Applicable Laws & Regulatory Framework
Licensing and regulatory authority of RBI.
Cybersecurity and electronic transactions.
Cross-border fintech investment and payment structures.
Data privacy and consent management.
Legal framework for digital payments, clearing, and settlement systems.
Customer due diligence and anti-money laundering.
Digital consumer rights.
For fintechs in investment advisory, algorithmic trading, and wealth-tech.
Regulatory & Statutory Authorities
Licensing, payment regulations, sandbox approvals.
Data protection, IT Act compliance.
FEMA and PMLA compliance scrutiny.
Robo-advisory, mutual fund distributors, investment fintechs.
M&A approvals and anti-competition issues in fintech.
Licensing & Approvals
- •Payment Aggregator (PA) & Payment Gateway (PG) Licenses under RBI
- •Prepaid Payment Instruments (PPI) Licenses for wallets and digital cards
- •NBFC Registration with RBI for lending fintechs
- •Cross-border approvals under FEMA for remittances and foreign investments
- •RBI Sandbox participation for innovative fintech models
- •Registration as Financial Information User (FIU)
- •Registration as Research Analyst with SEBI
- •Web Aggregator License from IRDAI, for insurance web aggregators
Key Service Offerings
RBI/SEBI licensing, FEMA structuring, sandbox approvals.
Compliance with RBI's Digital Lending Guidelines, KYC/AML, and NBFC regulations.
Structuring foreign investment, joint ventures, and fintech acquisitions.
Handling fintech frauds, consumer complaints, and arbitration of fintech contracts.
Drafting merchant agreements, PA/PG contracts, cross-border payment arrangements.
Advising on DPDP Act compliance, consent frameworks, and IT security mandates.
Advocacy before RBI, SEBI, MeitY, ED, and the Data Protection Board.
Frequently Asked Questions
We start with a scoping consultation to understand your business model, current regulatory posture, and immediate priorities — then propose a tailored engagement rather than a one-size-fits-all package.
Yes. Our clients range from early-stage startups navigating their first licensing requirements through to established operators and multinational investors. We scale our advisory to the client's stage and scale.
Yes, representation before Reserve Bank of India (RBI) and other applicable regulators is part of our practice in this sector, alongside the advisory and transactional work outlined above.
Yes — our sector teams combine regulatory advisory with litigation and dispute resolution capability, so clients have continuity of counsel if a compliance matter escalates into a contentious one.
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