Amicus Services has been a part of the fintech ecosystem since 2015 when the sector was still at its nascent stage. The Firm has advised clients, including regulated entities on tie ups with fintech partners, lending documentation for consumer finance, issues relating to know your customer guidelines, privacy and sharing of data of customers with partners. The Firm has successfully structured, negotiated, and closed transactions on varied financial and credit products including revolving facilities, EMI Cards, buy now pay later, POS lending, device lock functionality and wallets. On the regulatory side, the Firm interacts regularly with industry associations, such as Digital Lender’s Association of India, and regulator to help establish norms and regulations for fintech industry.
Further, the Indian economy is seeing accelerated number of start-ups and keen interest from investors across spectrum of sectors and stages of investments. As a result, the Firm has also witnessed increased volume of work in advising both investors and founders on private equity investments in fintech companies. Even where the Firm has acted as a counsel for the investors, the fintech companies and their founders rely on the Firm’s private equity team to safeguard their interest. The Firm’s venture capital practice in the areas is also set to grow as the Firm was the official legal partner for Fintech Yatra, 2020, one of India’s largest fintech accelerator programs.
Amicus has also been ranked as an Award-Winning Law Firm 2021 for Fintech by India Business Law Journal and has also been ranked as a Notable Firm by Asialaw Profiles 2021 and 2022.