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Fintech and financial services regulatory

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Trilegal

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The fintech and financial services practice at Trilegal leverages extensive experience advising domestic and international clients on FEMA, NPCI, digital lending, cross-border payments, blockchain, and virtual assets. The team is recognised for its ‘deep regulatory insight paired with a practical understanding of India’s fast-evolving fintech landscape’. Bengaluru-based Rahul Matthan heads up the group and is widely regarded for his more than 25 years of experience in the technology sector. Nikhil Narendran is an authority on fintech and digital lending matters, advising on business models, regulatory issues and day-to-day operational challenges, while Jyotsna Jayaram - noted for her experience in structuring new business models in the payments and fintech spaces - is praised for her ’deep legal knowledge, combined with strong technical expertise and sharp business acumen’. With a strong focus on disruptive technologies, Jaideep Reddy is highly active in advisory and contentious work involving e-commerce, payments structuring, anti-money laundering compliance and enforcement actions. Jishnu Sanyal, who was promoted to partner in May 2025, is another name to note for contractual and regulatory mandates in the fintech space.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Trilegal’s fintech and financial services regulatory practice is uniquely positioned at the forefront of law and technology, offering clients deep regulatory insight paired with a practical understanding of India’s fast-evolving fintech landscape. The team is known for advising major global and domestic players on digital lending, mobile wallets, virtual currencies, and cross-border payment systems, while also helping clients navigate India’s evolving financial landscape with practical advice.’

  • ‘Jaideep Reddy is a standout partner, known for his deep expertise in fintech, digital assets, blockchain, and emerging tech regulation.’

  • The team has consistently demonstrated a high level of legal expertise and technical proficiency, underpinned by strong industry knowledge. Their ability to navigate complex matters with clarity and precision has been a key differentiator.'

  • ‘We have had the opportunity to work closely with Jyotsna Jayaram, and she has consistently demonstrated exceptional command over a wide range of applicable laws. Her deep legal knowledge, combined with strong technical expertise and sharp business acumen, makes her stand out. Jyotsna is highly responsive, often quick to provide clear and actionable views.'

  • ‘This fintech and regulatory practice stands out for its deep subject-matter expertise and client-first thinking. The team is not only highly knowledgeable across payments, digital lending, and regulatory licensing, but they consistently anticipate what clients need to know before they ask, offering clear, actionable guidance in fast-moving environments.'

  • ‘Jyotsna Jayaram is a standout fintech and regulatory partner. She is exceptionally knowledgeable, commercially astute, and always ahead of the curve. She has a rare ability to translate complex regulation into clear, practical guidance, making her an invaluable advisor for high-growth fintechs and global platforms alike.’

  • ‘I believe they have market-leading and deep experience in advising on the Indian crypto sector, since they advise most of the large players.’

  • ‘Jaideep Reddy was able to build innovative legal arguments based on his strong commercial and technological understanding of the project we were diligencing. This is really important when advising in the crypto sector, which involves mapping new technological concepts to legacy legal concepts.’

Key clients

  • Fintech Farm Ltd.
  • Binance
  • Liminal
  • Equifax Credit Information Services Private Limited
  • Unocoin

Work highlights

Advising and representing Equifax Credit Information Services Private Limited in ongoing proceedings before the Supreme Court of India on the petition concerning the privacy considerations in relation to credit information companies' (CICs) handling of credit information.
Acted as legal adviser to Fintech Farm in relation to its entry into the Indian market with a neobanking service offering.
Acted as legal adviser to Liminal and Zoth following significant cybersecurity incidents impacting their respective operations.

Practice head

Rahul Matthan

Other key lawyers

Nikhil Narendran; Jyotsna Jayaram; Jaideep Reddy; Jishnu Sanyal; Thomas J. Vallianeth