The global financial services industry has never been more dynamic. Rapid developments in technology, consumer preferences, competition from new entrants, and regulation have combined to create a thriving global fintech sector.
Our cross-practice team guides our clients through this rapidly evolving sector. We provide tailored legal services to sector participants including incumbent banks, growing fintech businesses, challenger banks, insurance companies, asset managers, payment and technology services providers, telecoms operators and investors. We have expertise in all relevant practice areas, with market-leading teams in corporate, finance, technology, cyber security, data protection/GDPR, IP, commercial, financial services regulation, capital markets, competition, insurance and asset management.
Our work includes advising in relation to:
- payment services
- exchanges and platforms
- big data and analytics
- cloud computing
- major digital transformation projects
- artificial intelligence, machine learning, robotics and automation
- blockchain/DLT/virtual currency
- crowdfunding, P2P financing and ICOs
- corporate and debt funding solutions
We have worked on ground-breaking deals, including the establishment of ClearBank, the first new UK clearing bank for 250 years, and fundraisings for the growing challenger Tandem Bank. We have especially deep experience on IT and outsourcing issues arising out of separations of new players from major institutions, such as the separation of TSB from Lloyds Banking Group and the development of a digital banking platform.
For all of our fintech clients, cyber security and data protection are primary risk issues. Our cyber and data teams operate as an integrated offering, both on transactions and standalone cyber and data defence projects such as the Cyber Defence Alliance.
This range of expertise and experience enables us to advise clients on both their strategic objectives and their particular legal challenges.
Invesco UK Limited
on its acquisitions of Intelliflo, the UK's leading technology platform for financial advisors, and of i4C Technology, a UK fintech start-up specialising in cashflow modelling tools
FNZ (UK) Limited
on its acquisition of GBST, an Australian fintech company which provides technology solutions for banking, wealth management and financial services
A ground-breaking social enterprise payments business, on its establishment, regulatory matters, and fundraisings
An early-stage venture capital fund backed by Temasek and Kuehne + Nagel, on its investment in Previse, a UK based AI fintech specialising in supply chain finance
AxiCorp Financial Services
on its acquisition of Star Financial Services Limited
on its strategic partnership with IBM to support its digital transformation objectives
Nico is a corporate partner based in Frankfurt and specialises in international mergers and acquisitions. He is the managing partner of Herbert Smith Freehills' German offices.