Fintech Company Registration in India

The defining point: the company is straightforward, but the RBI licence - which one, the capital, the timeline - is the make-or-break decision for a fintech. Patron Accounting is a private CA and CS firm and does not itself operate under any RBI licence; we set up your company and advise on and prepare your RBI application.

Content is reviewed quarterly for accuracy.

It depends entirely on what you do. A lending fintech needs an NBFC; a payments fintech that settles merchant transactions needs a Payment Aggregator; a wallet or prepaid product needs a PPI; a peer-to-peer lending platform needs an NBFC-P2P; and an account-aggregation play needs an NBFC-AA.

Not every fintech needs a licence - a pure technology or software provider that does not handle funds or lend may operate as a normal company - but the moment you touch lending, payments settlement or stored value, an RBI authorisation is required. We assess your model and map the exact licence, capital and timeline before you build.

• Directors' and promoters' KYC: PAN, Aadhaar, photographs and fit-and-proper details.
• Registered office proof: rent agreement or ownership with utility bill and NOC.
• Business plan: the fintech model, projections and the licence sought.
• Capital proof: evidence of the net worth or net owned fund from promoter equity.
• Technology and compliance: for PA and PPI, the PCI-DSS, escrow and KYC framework.

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

Professional service charges for drafting, filing, and representation are separate from the statutory fees. The exact fee depends on the complexity of the case, disputed amount, and number of hearings required. Contact us for a detailed quote.

Get a free Fintech Company Registration consultation - Call +91 945 945 6700 or WhatsApp us. No-obligation assessment.

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Trusted by clients including Hyundai, Asian Paints and Bridgestone. With offices in Pune, Mumbai, Delhi and Gurugram, Patron Accounting sets up and advises fintech companies both in-person and remotely.

This page brings together what a fintech needs. Each is available on its own:

• Private Limited Company Registration - the core entity for any fintech.
• Private Limited Company Compliance - ongoing ROC and statutory compliance.
• Convert LLP to Private Limited Company - if you are restructuring before raising capital.
• One Person Company Registration - for a single-founder starting point.
• Payroll Services for Fintech and NBFC - payroll built for regulated fintechs.
• ESOP for Fintech - structure equity for your team and investors.

End-to-end NBFC registration support for lending fintechs is delivered as a specialised engagement - speak to our team to scope it for your model.

Company: a fintech is set up as a private limited company under the Companies Act, 2013, which is effectively required because the Reserve Bank of India grants its fintech authorisations only to companies, not to LLPs or proprietorships.

Lending and NBFC: lending, credit and investment fintechs need registration as a Non-Banking Financial Company under the RBI Act, 1934, with a net owned fund of INR 10 crore for new applications, while peer-to-peer lending requires an NBFC-P2P registration under the 2017 Master Directions (amended in February 2025) with a net owned fund of INR 2 crore.

Payments, PA and PPI: under the Payment and Settlement Systems Act, 2007, a Payment Aggregator that processes merchant transactions needs RBI authorisation with a net worth of INR 15 crore rising to INR 25 crore by March 2028, plus PCI-DSS and escrow, and a Prepaid Payment Instrument issuer for wallets needs a net worth of INR 5 crore; a PA cannot operate under an NBFC licence as they are distinct.

Common requirements: across licences, promoters and directors must meet the RBI's fit and proper criteria, the capital must be genuine promoter equity rather than borrowed funds, lending fintechs must follow the RBI Digital Lending Guidelines, and applications are filed through RBI portals such as COSMOS or the RBI PRAVAAH portal. Company incorporation is filed on the MCA portal.

Fintech is one of the most heavily regulated startup spaces, and operating a regulated activity without the right RBI authorisation is a serious breach. Get the company and licence right from the start - it protects you, satisfies investors' due diligence, and lets you launch and scale with confidence.

Call +91 945 945 6700 or message us on WhatsApp for a confidential assessment of the right RBI licence and capital plan for your model.

In fintech, incorporating the company is the easy part - the decisive question is which RBI licence your model needs. A private limited company is effectively required, because the RBI grants its authorisations only to companies, and on top of it the right licence depends on what you do: an NBFC for lending, a Payment Aggregator for payments, a PPI for wallets, or an NBFC-P2P for peer lending, each with its own capital and rules.

Getting this mapping right from the start protects you, satisfies investors and lets you launch compliantly. Patron Accounting, with 15+ years of experience and a CA and CS team, sets up the company and the RBI licensing roadmap together.