How much do Indian FinTechs spend on compliance?

India’s Fintech sector is seeing unprecedented increase in regulations and related compliance requirements. Additionally, subcontracting of services also with the consent of the regulated entities. This has led to a substantial increase in compliance costs and even increased costs due to legal hires. ETBFSI speaks to top legal and regtech experts and gives you an overview of how much Indian fintechs — of both small and large scale — are spending on compliances.