The firm's fintech mentors offer complimentary legal advice, compliance training, commercial insight, as the firm’s proprietary fintech tools and networking opportunities across the firm’s global network. It is open to organisations at any stage of development. The City law firm has a reputation of helping fintech companies with its global fintech group working with more than 40 fintech firms last year. Companies such Zopa and Landbay have already been beneficiaries of the firm’s expertise and advice.
Mentors
The fintech mentors will include London-based partners Emily Reid, Rachel Kent and John Salmon. ‘What we offer is more than just legal advice, we help start-ups to integrate themselves into the fintech ecosystem and to fulfill their objective of bringing their product to market,’ explained Miss Kent. ‘Our fintech mentors programme will allow us to share our extensive industry knowledge with a new breed of financial services companies and to help them to launch, expand across borders and to be successful.’
Trend
This is the latest move for the legal sector to get up close to the fintech start-ups. Last month, Global Legal Post reported how Allen & Overy had launched its new Fuse tech hub housed within its London office, which can accommodate some 60 entrepreneurial individuals – for free. ‘It is great for the industry that so many law firms are offering support to fintechs,’ added Miss Kent. The new service was officially unveiled at the Innovate Finance Global Summit in London.
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