Premier FinTech Lawyers in Pune | Financial Services & Regulatory Compliance

Pune has rapidly emerged as a vibrant hub for financial technology, attracting innovators and entrepreneurs who are reshaping the future of finance. However, this dynamic growth is accompanied by a complex and ever-evolving regulatory landscape. For FinTech companies, navigating the intricate web of banking regulations, payment system guidelines, and data protection laws is a critical challenge. A single misstep can lead to significant penalties and operational roadblocks.

This is where AMLEGALS steps in. As a leading financial services law firm in Pune, we provide specialized legal counsel tailored to the unique needs of the FinTech sector. Our team of expert FinTech lawyers in Pune combines deep domain knowledge with a proactive, business-centric approach. We understand the intersection of technology, finance, and law, enabling us to offer strategic guidance that not only ensures compliance but also fosters innovation and sustainable growth for your venture. From startups to established players, we are your trusted partners in navigating the legal complexities of the FinTech ecosystem.

Our Comprehensive FinTech Legal Services

Our services are designed to provide end-to-end legal support for every stage of your FinTech business lifecycle.

Regulatory Advisory & Compliance

The backbone of any successful FinTech operation is robust regulatory compliance. We provide expert guidance on the directives and regulations issued by the Reserve Bank of India (RBI), SEBI, and other authorities. Our services include ensuring adherence to KYC/AML norms, data privacy laws like the Digital Personal Data Protection (DPDP) Act, and navigating complex legislation to mitigate potential threats We help you build a compliance framework that is both resilient and adaptable.

Payment Systems & Digital Lending Compliance

As specialists in payment systems compliance, we advise clients on the entire spectrum of digital payments, including payment gateways, e-wallets, prepaid payment instruments (PPIs), and UPI. We also offer specialized legal support for digital lending platforms, helping them structure their products, draft loan agreements, and navigate the stringent regulations governing digital lending to ensure ethical and compliant operations.

Licensing, Structuring & Fundraising

Getting the right start is crucial. We assist FinTech startups and companies with corporate structuring and obtaining essential licenses from the RBI, such as NBFC registrations, Payment Aggregator (PA) licenses, and PPI authorizations. Furthermore, our team provides comprehensive legal support during fundraising rounds, from seed to series funding, including due diligence, drafting and negotiating term sheets, shareholders’ agreements (SHA), and share subscription agreements (SSA).

Why Choose AMLEGALS for FinTech Law?

Deep Domain Expertise Our lawyers possess specialized knowledge of the Payment and Settlement Systems Act, 2007, RBI master circulars, and the evolving legal tech landscape. We are not just corporate lawyers; we are dedicated FinTech legal specialists.

Proactive & Strategic Counsel We go beyond reactive legal advice. We partner with you to anticipate regulatory shifts and technological trends, providing strategic insights that give your business a competitive edge.

Business-Centric Solutions We understand that legal advice must be commercially viable. Our solutions are practical, actionable, and tailored to your specific business model and growth objectives.

Proven Track Record in Pune With a strong presence in Pune’s burgeoning tech ecosystem, we have a demonstrable track record of helping local FinTech companies navigate their most complex legal challenges successfully.

Our Experience in Action

• Payment Aggregator Licensing:Guided a Pune-based payment gateway startup through the entire RBI licensing process for a Payment Aggregator license, ensuring full compliance with net-worth, technology, and security audit requirements.
• Digital Lending Compliance:Advised a leading digital lending platform on restructuring its business model and policies to comply with the latest RBI guidelines on digital lending, successfully avoiding business disruption.
• Wealth-Tech Fundraising:Assisted a wealth management tech company in conducting legal due diligence and drafting robust data protection policies, which was instrumental in securing a Series A funding round from a top venture capital firm.

Our Approach to Client Engagement

1. Discovery & Scoping:We begin with an in-depth consultation to understand your technology, business model, and specific legal requirements.
2. Regulatory Gap Analysis:Our team conducts a thorough audit of your operations against current regulations to identify potential compliance gaps and risks.
3. Strategic Roadmap:We develop a clear, step-by-step legal strategy, whether it’s for licensing, policy drafting, or transactional support.
4. Execution & Implementation:We meticulously draft all necessary legal documents, file applications with regulatory bodies, and provide hands-on support throughout the implementation process.
5. Ongoing Retainer Support:The FinTech landscape is always changing. We offer ongoing support to keep you informed of regulatory updates and ensure your business remains compliant.

Frequently Asked Questions (FAQs)1.What are the primary licenses a FinTech company might need in India?

Depending on your business model, you may need licenses such as a Payment Aggregator (PA) license, Prepaid Payment Instrument (PPI) license, or a Non-Banking Financial Company (NBFC) registration from the RBI.

2.How can a financial services law firm in Pune help my startup?

A specialized firm can help with everything from company incorporation and structuring to obtaining necessary RBI licenses, ensuring payment systems compliance, drafting customer agreements, and providing legal support during fundraising.

3.What are the key legal challenges for digital lending apps today?

The primary challenges include adhering to the RBI’s strict guidelines on data privacy, preventing the use of predatory collection practices, ensuring transparency in interest rates and fees, and managing data localization requirements.

4.How does the Digital Personal Data Protection (DPDP) Act impact FinTechs?

The DPDP Act imposes strict obligations on how FinTechs collect, process, and store user data. It requires explicit consent, mandates clear privacy policies, and establishes significant penalties for data breaches, making compliance a top priority.

5.Why should I hire a specialized FinTech lawyer?

A specialized FinTech lawyer understands the unique intersection of financial regulations and technology. They are better equipped than general corporate lawyers to provide nuanced advice on RBI compliance, payment systems, and data security specific to your industry.

Schedule a Consultation

Ready to secure your FinTech venture with expert legal guidance? Contact our FinTech lawyers in Pune to navigate the regulatory landscape with confidence.

You may contact us for a confidential consultation with Mr. Rohit Lalwani, Associate Partner at Pune office.

• Email: info@amlegals.com or rohit.lalwani@amlegals.com
• Boardline : +91-8448548549 or 91-8347853565
• Offices: Ahmedabad |  Bengaluru | Chennai | Mumbai | New Delhi | Kolkata | Prayagraj | Pune | Surat