India Neobank / Crypto Banking – Compliant Development
Launch a neobank / crypto banking in India with compliance controls mapped to FIU-IND and FIU-IND / PMLA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
India · Neobank / Crypto Banking
India requires Virtual Digital Asset service providers to register with FIU-IND under the Prevention of Money Laundering Act as reporting entities. This is mandatory AML/CFT compliance for exchanges, custodians, OTC desks, and similar VDA activities serving Indian users.
| Jurisdiction | India |
|---|---|
| Regulator | FIU-IND |
| Product | Neobank / Crypto Banking |
Software
Built-in compliance controls
- Fiat + crypto unified ledger and user onboarding
- Card issuance integration points and spend controls
- Savings, yield, and transfer modules with compliance gates
- Core banking API adapters and reconciliation
- Customer support, disputes, and regulatory reporting tooling
- KYC verification processes for users
- AML transaction monitoring systems
- Secure digital banking infrastructure
- User activity logging for compliance audits
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What are the compliance requirements for a neobank?
- Compliance requirements include KYC/AML procedures, secure user authentication, and transaction monitoring.
- How does a neobank differ from traditional banking?
- A neobank operates entirely online, often with a focus on digital assets and innovative financial services.
- Can I customize the features of the neobank software?
- Yes, our software can be tailored to meet specific regulatory and operational needs.