Fintech
FinTech is a term used to describe a variety of innovative technologies using software or other information communication technologies, including ‘crypto-currencies’, such as Bitcoin and Ethereum.
In 2021, investors have already poured £3.8bn into London fintech startups in the first half of the year, compared to £2bn .1 billion in the same period in 2021. Although it was expected that regulatory authorities will slow down such an explosive rise in a sector, the FCA has taken quick steps to ensure there is no regulatory friction slowing the advance of FinTech development.
Due to their innovative nature, FinTech companies tend to ‘disrupt’ existing financial services, leading to numerous and long court proceedings. Moreover, most FinTech companies are start-ups and need to establish a strong legal framework to protect themselves in a highly competitive UK market.
Areas of Our Expertise.
Our FinTech lawyers specialise in a diverse range of IT/Tech sectors and include the following:
- Financial products, including credit products, e-money, insurance and savings
- Financial services regulation
- Data privacy
- Technology and intellectual property; and
- Corporate and tax
We value your time. After the consultation, we will let you know what the next steps are. We will request the documents we need, and only call you when necessary. We are proactive, will update you on your case as soon as we have any news so that you don’t need to call, meaning you can rest assured that no actions are needed from your side.
We haven’t forgotten about you, but we believe you’d rather spend time doing something that really matters than on the phone with a lawyer.
