 "(we systematically look at market intelligence, print and social media monitoring, and complaints that we receive from stakeholders, including our")
The Fintech Association for Consumer Empowerment (FACE), India’s first self-regulatory organisation for the fintech (SRO-FT) sector, has grown to about 275 members in August 2025 from just 60 in August last year.
The association marked its one year of recognition by the Reserve Bank of India (RBI) last month.
Since then, the SRO-FT has expanded its scope beyond digital lending. It also includes members from across the fintech ecosystem, such as payments, peer-to-peer (P2P) lending, account aggregators, and regtech firms.
“The transition has been from a narrow digital lending focus to broader fintech space. We are at nearly 275 members
