FINTECH NEWSLETTER: UNVEILING INDIA’S LATEST LEGAL SHIFTS AND MARKET WAVES

October and November 2023 were not just any other months for the fintech space. From the introduction of new regulations for NBFCs to bringing in some interesting amendments to the Prevention of Money Laundering Act, the financial regulators seemed to have a hectic yet an ambitious phase as they continue to foster consumer welfare. The months were also marked by some interesting moves by an array of fintech players who also seemed to be determined to keep up with the technological advancements in the fintech space. In this edition of the Fintech Newsletter, INDUSLAW's Namita Viswanath, Shreya Suri, Annupriya Agarwal, Nilima Pant, Nikhil Vijayanambi, Prateek Joinwal and Akshita Singh discuss some of the significant developments in the fintech space in October & November 2023 and shed light on critical updates pertaining to various fintech players in India.