FinTechs collaborate on the FACE platform to advance digitalisation, consumer-centricity, innovation, and financial inclusion. Joining an active community helps members shape the fintech sector and its impact on people and society. FACE Membership brings camaraderie and shared opportunities. Members engage and work with industry colleagues, contribute to discussions, and drive industry-wide initiatives that deal with the most pressing industry challenges and opportunities.
If you are FinTech or the FinTech sector is integral to your business and you are keen to make a positive and sustainable impact in the FinTech sector, we invite you to join FACE as a member to:
Stay at the forefront of the regulatory, policy and business developments and trends
Engage with decision-makers on policy and regulatory dialogue
Involve in setting the agenda for the FinTech eco-system.
Shape and contribute programs and solutions for industry problems and opportunities
Contribute and access knowledge (research papers, industry reports, standards, industry events, technical sessions, discussion forums)
Collaborate and network to try new things, address risks and grow business
Exchange insights, advice and expertise within the peer community
Amplify and champion FinTech sector (through the FACE website, social media, publications, events, and media interfaces)
Join FACE as a member to:
Entities, other than an individual, directly engaged in activities related to fintech and digital lending sector, regulated by the RBI or otherwise, shall be eligible to apply for membership in the Company. FinTechs defined, as per RBI SRO-FT, as entities that provide technological solutions for delivery of financial products and services to businesses and consumers or encompass regulatory and supervisory compliance in partnership with traditional financial institutions or otherwise.
Access to FACE Governing Body/FACE Members/Working Groups/Know-how/Communication and Eligible to contest for the Board seat and voting rights in the General Body
Annual membership fee:
For FY 24-25, the annual fee is 0.1% of the revenue/turnover in FY 23-24, subject to the base of Rs 50,000 and cap Rs 10 Lakhs, pro-rated for the period, from the date of joining to Mar 2024.
Entities, other than individuals, not eligible to become members (such as research, investment, advisory, consulting, audit, debt funding and investors etc) engaged with the fintech sector are eligible to become partners.
Access to FACE Members/WGs/Know-how/Communication but NOT eligible for Board seat and no voting rights in General Body
For FY 24-25, the annual fee is Rs 5 Lakhs, pro-rated for the period from the date of joining to Mar 2025.
FACE has a diverse set of members representing the plurality of FinTechs across domains such as Lending, SaaS, Infrastructure, Reg-tech, TSP, P2P, LSP, Marketplace, etc. They have equal rights and responsibilities and actively participate in building a better ecosystem for all.
If FinTech is integral to your business and you strive to positively impact the fast-evolving FinTech ecosystem, we invite you to join FACE as a member. Please write to team@faceofindia.org to receive the application form, admission standards and process.
FACE Boards objectively evaluates all applications for membership on parameters like,