fintechs: Amid tightening rules, fintechs step up hiring of legal experts

Despite global headwinds, an ongoing funding winter and layoffs in India’s startups sector, an increasing number of financial technology firms are strengthening their in-house legal teams, as tightening regulations make the operating environment tougher.

Fintech startups are looking to hire senior professionals with legal and compliance expertise, said top executive search firms and industry experts.

Nearly one-fourth of the more than 200 senior legal and compliance moves in the financial services sector in the last one year was in fintechs that bolstered their legal teams, showed data from executive search firm Native.

Some of the recent moves include Aravind Venugopal who joined Acko as its first General Counsel from Khaitan & Co; Rohan Bhandari, CoinDcx’s head of compliance who came from Paytm; Shiva Kumar Tadikonda, who left DBS Bank to join as VP compliance at CoinSwitch Kuber; Gaurav Dugar, general counsel, CredAble from Shardul Amarchand; Tushar Tarun, head of legal for fintech & payments at Tata Digital who joined Cashfree Payments to head legal and compliance; Anubir…