Navigating Legal Pitfalls: The Crucial Role of Legal Counsel in Fintech Expansion
Introduction A Bangalore based Fintech (The Company), having Pan India Presence with revenue of more than 100 CR annually, uses Payment Gateway to cater to Multi National Organisation. They specialize in providing Multinational Organizations (MNOs) with secure and efficient payment gateway solutions.This essentially allows MNOs to accept online payments seamlessly from various sources, likely including […]
Navigating Ambiguous Service Level Agreements: Challenges for Fintech Startups in India
Introduction Service Level Agreements (SLAs) are critical in defining the expected level of service between fintech startups and their customers. Ambiguity in these agreements can lead to significant disputes, particularly in areas like uptime guarantees, data security measures, resolution timelines for customer complaints, performance metrics, and compliance requirements. This article explores five primary issues faced […]
Dispute over Terms and Conditions with Partner Institutions in India’s Fintech Sector
Introduction The collaboration between fintech startups and established financial institutions in India is often fraught with challenges, particularly concerning the terms and conditions of partnership agreements. Five primary issues frequently arise: revenue sharing, data ownership, liability for technical failures, termination clauses, and transaction fees. Each of these areas can lead to significant disputes, hampering the […]
