Report highlights risk landscape for Indian fintech: reputation leads

The latest FACE‑Grant Thornton research paints a detailed picture of the risk environment confronting Indian fintech firms. Reputation risk tops the list, with 59 % of companies rating it as a severe threat.

Interoperability and infrastructure risks follow closely, cited by 51 % of participants. Market competition and conduct risks occupy the third slot, with an average severity score of 6.9.

Data privacy, access and security issues receive a score of 6.6, while cyber‑security, technology and business continuity lag slightly at 6.5. These figures are based on weighted average responses from a survey of 39 fintech firms operating across lending, payments, reg‑tech, collection‑tech and tech‑fin domains.

Vivek Ayer, partner at Grant Thornton India and head of financial services risk advisory, emphasized that balancing profitability, growth and trust has become a cornerstone for the ecosystem’s sustainability.