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Fintech Scaleups Urged to Engage with Regulators to Avoid Compliance Issues

Europe's fintech scaleups are advised to maintain open communication with regulators to ensure compliance as they scale rapidly.

Sifted 19 August 2026 Source: Sifted

Europe's fintech scaleups are struggling to keep up with compliance efforts as they rapidly scale their businesses. To address this issue, the Financial Conduct Authority (FCA) has established a scaleup support programme to provide guidance and support to fintech companies.

## FCA's Scaleup Support Programme

The FCA's scaleup support programme aims to provide fintech companies with the necessary resources and guidance to ensure compliance with regulatory requirements. The programme includes a range of services, including regulatory advice, compliance support, and access to industry experts.

## Importance of Engaging with Regulators

Engaging with regulators is crucial for fintech scaleups to avoid compliance issues. According to the FCA, fintech companies that maintain open communication with regulators are less likely to experience compliance issues. In fact, a recent study found that 55% of fintech companies that engaged with regulators reported no compliance issues, compared to 45% of those that did not engage with regulators.

## Benefits of Engaging with Regulators

Engaging with regulators can have numerous benefits for fintech scaleups. By maintaining open communication with regulators, fintech companies can gain a better understanding of regulatory requirements and avoid costly compliance issues. Additionally, engaging with regulators can provide fintech companies with access to industry experts and resources, which can help them navigate the complex regulatory landscape.

## Fintech Companies' Views on Regulators

Not all fintech companies share the same view on regulators. Some fintech companies believe that regulators are too restrictive and hinder innovation, while others believe that regulators are necessary to ensure compliance and protect consumers. According to a recent survey, 45% of fintech companies believe that regulators are too restrictive, while 55% believe that regulators are necessary to ensure compliance.

## Conclusion

In conclusion, fintech scaleups are advised to maintain open communication with regulators to ensure compliance as they scale rapidly. By engaging with regulators, fintech companies can gain a better understanding of regulatory requirements, avoid costly compliance issues, and access industry experts and resources. As the fintech industry continues to grow and evolve, it is essential for fintech companies to engage with regulators to ensure compliance and protect consumers.

### Fintech Scaleup Support Programme

| Programme | Description | | --- | --- | | Regulatory Advice | Guidance on regulatory requirements | | Compliance Support | Support with compliance issues | | Industry Expert Access | Access to industry experts and resources |