Are stricter rules holding back fintech startups? QED Investors’ Nigel Morris weighs in

Regulatory tightening in India’s fintech sector has created near-term challenges for startups, particularly in the early stage, QED Investors’ co-founder and managing partner Nigel Morris told ET during an exclusive interaction.

“The Indian regulator has been quite intentional about their direction… in a more permissive environment, fintechs tend to get ahead of regulators. Over the last few years, regulators have taken a more assertive stance,” he said.

Morris said the assertive stance has made it harder for early-stage fintechs to scale quickly.