Regulatory tech is a big oening for fintech companies, says Prashanth Prakash

Karnataka Startup Vision Group chairman Prashanth Prakash on Wednesday said regulatory technology in fintech presented a significant opportunity for startups.

There was a plethora of regulatory challenges in app interactions with insurance, banking and governmental agencies with fintech apps recording billion-scale transactions. This also threw enormous scope for constant innovations in fintech apps, he said, while speaking at the inaugural of the Bengaluru Tech Summit 2023.