
Data Privacy Compliance for FinTech Startup
When a promising FinTech startup faced regulatory hurdles with international data transfer compliance, our team stepped in to...
The Challenge
The client was expanding operations to the EU but lacked proper GDPR compliance frameworks. Their data processing agreements didn't meet regulatory standards, and they faced potential fines of up to €20 million or 4% of global revenue.
Our Solution
- Conducted comprehensive data mapping and privacy impact assessment
- Redesigned data processing agreements and privacy policies
- Implemented GDPR-compliant data transfer mechanisms (SCCs)
- Created employee training program on data protection
The Outcome
Within 3 months, we brought the client into full compliance, allowing them to expand to 5 EU countries without regulatory issues. They secured €15 million in Series B funding with compliance as a key differentiator.