Tag: Fintech

Beyond borders, beyond bureaucracy: The VC’s playbook for fintech compliance

VCs have a pivotal role in guiding startups towards responsible growth across borders by balancing innovation with regulatory adherence, writes Pratekk Agarwaal, Founder & General Partner at GrowthCap Ventures.

Recent actions such as those involving Paytm and IIFL underscore the regulatory scrutiny faced by fintech firms, writes Pratekk Agarwaal, Founder & General Partner at GrowthCap Ventures.

FM Nirmala Sitharaman: RBI should hold regular meetings with fintech companies

The six action points stressed on the simplification and digitization of KYC (Know Your Customer) processes across all fintech sectors. This also included facilitation of interactions between fintech firms and law enforcement agencies to address concerns or issues. (Image source: Moneycontrol)

The meeting, which was attended by RBI deputy governor T Rabi Sankar, SBI chairman Dinesh Kumar Khara, and officials from the National Payment Corporation of India (NPCI), among others, saw Nirmala Sitharaman release six action points.