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Membership

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.

Value Proposition

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)

*Inclusion of any member will require careful consideration and approval from Board of FACE. There shall be a fair evaluation of the application, but the decision of the Board shall be final and binding.

Join FACE as a member to:

01
Participate to set the agenda for fintech eco-system
02
Engage with decision-makers for policy and regulatory framework
03
Shape and contribute towards the solutions for common issues
04
Contribute and access to knowledge(research papers, industry reports, standards, industry events, technical sessions, discussion forums)
05
Collaborate and network with peers and organizations who share similar goals and/or complementary business models
06
Amplify and champion fintech sector(through FACE website, social media, publications, events, media interfaces)

FACE offers two types of association to the FinTech ecosystem: Members and Partners.

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

Current members/partners

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.

Members
Partners

Join

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,

  • Business engagement in the FinTech ecosystem
  • FinTech offerings
  • Adherence to regulations
  • Commitment to comply with FACE Code of Conduct and Standards, as applicable
  • Partnership with regulated entities
  • Years of service
  • The Board conducts a thorough and fair assessment of the application, and the decision of the Board is final and binding.