India: Fin Tech

A mid-growth SaaS company, fresh off their first term sheet for a ₹40 crore infusion, found themselves in a surprising delay. Everything was aligned: due diligence done, traction numbers strong, founder chemistry perfect.

India's digital economy is on the verge of a significant turning point. Following the remarkable triumph of the UPI in making payments accessible to all, the government and the RBI are gearing up to achieve similar success in the credit sector with the ULI.

This week on Lexpresso, RBI pulls up cooperative banks for UPI and cyber lapses, SEBI launches a securities market hackathon and revamps mutual fund schemes, and the Delhi High Court sounds the alarm on crypto-linked fraud.

On May 08, 2025, the Reserve Bank of India issued the Digital Lending Directions, 2025. The Directions apply to digital lending activities undertaken by regulated entities such as banks and non-banking financial companies.

The financial technology (better known as ‘fintech') landscape in India has been on an impressive growth trajectory over the past decade, spurred by a confluence of factors...

The digital lending ecosystem in India has undergone a seismic shift with the Reserve Bank of India (RBI) upgrading its regulatory framework from suggestive guidelines to binding Digital Lending Directions, 2025.

Recently Paris hosted an AI summit co-chaired by Prime Minister Narendra Modi, where he underscored the importance of developing high-quality datasets that are free from biases.

We are delighted to share this week's AKP Banking & Finance Weekly Digest.

Discover critical accounting considerations for fintech companies to ensure compliance with complex and evolving accounting and regulatory requirements.