India is seeing an upsurge of Financial Technology (FinTech) towards a digital revolution whereby the ecosystem of financial services has seen a pragmatic shift in working.
FinTech can be considered to be a game changer with disruptive technology whereby the infusion of technology has resulted into rendering of Financial Services in a different manner & platform than the previously only known traditional systems.
As per Mike Carney, FinTechs have played an important role in unbundling banking into core functions of settling payments, performing maturity transformation, sharing risk and allocating capital.
With the introduction of Digital Lending Platform, the business of lending has metamorphosed into a different shape altogether. Digital Lending Platform allows consumers to avail finance while shopping on ecommerce sites, allows SME to avail loans based on real time sales data available on ecommerce marketplace, allows employee to avail loans on salary, allows youth to avail small ticket sized student loans to buy gadgets, with the option of buy today pay later or other postpaid schemes, peer to peer finance, crowd funding etc.
We understand the various pillars and sine qua non of FinTech to drive your business in a hand held manner.
Our Fintech Law Firm in India advise on the following
a. Regulatory requirements & opinions,
e.Jurisdictional challenges including multi-jurisdictional,
f. Transactional vetting,
g. Data Privacy,
i. Anti-money laundering,
j. Competition and disputes,
k. Advisory, etc.
For any strategic hand held advisory and implementation, from our FinTech law firm in India, feel free to connect with firstname.lastname@example.org.