Fintechs disrupt the status quo in financial services. We support that disruption with our expertise in fintech and in financial services.

We deliver commercially focussed legal and regulatory advice to fintechs and to established incumbents looking to innovate. We act for start-ups, scale-ups and growth-stage fintechs and more established financial institutions, helping them raise capital, create innovative products and manage their businesses in a regulatorily compliant manner in a fast-paced, competitive environment.

Clients instruct us for our market-leading knowledge of the fintech and alternative finance sectors and products, and for our approachable, commercially-minded lawyers.

Passionate about fintech

We are passionate about fintech. Our lawyers are embedded in the fintech ecosystem and have been since the very early days. Our fintech team is not only excited by being part of the industry but enjoys the nature of the legal work and have a deep expertise in the fintech sector. We understand both the orthodox financial services industry and the nascent, yet dynamic and disruptive, fintech sector and we are well-placed to advise what is “market”, and how best to implement products and practices, whilst avoiding the pitfalls and mistakes made by others.

We enjoy finding innovative solutions to novel legal issues. Our lawyers are specialists in working with clients that are disrupting a market with highly innovative business models, technology, products and services.

Working together as a team

A law firm can only support disruptive fintechs if it has expertise in the following key areas:

  • financial products (e.g. credit products, e-money, insurance and savings);
  • financial services regulation;
  • data privacy;
  • technology and intellectual property; and
  • corporate and tax.

Fox Williams’ cross-departmental fintech team combines the legal expertise of several partners to deliver joined up and cost-effective solutions to disruptive fintechs.

Our fintech and alternative finance offering is award-winning, with sector head, Jonathan Segal, helping the firm secure the AltFi Legal Adviser of the Year Award in 2016, 2018 and 2019, and AltFi Legal Adviser of the Year Award Runner-Up 2017 and 2020 for his legal and regulatory work in the fintech and alternative finance Industry.

FinTech experience

  • Advised Revolut on new products to complement its existing range of consumer FX products.

  • Advised Prodigy Finance on regulatory and consumer credit matters.

  • Advised WorldRemit on its international commercial arrangements.

  • Advised Balderton Capital on their investments into CrowdCube, Prodigy Finance, GoCardless, Nutmeg, Revolut and, more recently, Zego, Dinghy and Cleo.

  • Advised Fly Now Pay Later on senior and mezzanine revolving credit facilities from Shawbrook Bank and BCI Finance to fund point-of-sale consumer loans in the travel industry.

  • Advised Duedil, the company intelligence platform, on its Series C investment of up to £8m from Augmentum FinTech Plc, Notion Capital, Oak Investments and others.

  • Advised Digital Moneybox, the mobile savings and investment app, on its £14 million Series B funding round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International Limited.

  • Advised Lending Works Limited, the peer-to-peer lending platform, on the issue of c.£2m convertible loan notes from existing investors Maven Capital Partners, NVM Private Equity, Pollen Street Capital and a small number of business angels.

  • Advised Allianz X, the digital investment unit of the Allianz group, on various investments including its Series B investment in SafeBoda, a major African ride hailing platform that also offers various on-demand consumer and payment services.

  • Advised award-winning, ‘API Only’ technology provider Yapily Ltd on its latest funding round, co-led by LocalGlobe and HV Holtzbrinck Ventures, following which the London based fintech start-up has raised a total of $5.4 million in seed funding.

  • Advised the management team of fintech business, Risk First Group, on its sale to USA-based Moody’s Analytics.

  • Advised robo-adviser, Scalable Capital on its UK launch of its investment management business.
  • Acted for several direct lending platforms, both in the consumer and SME finance space, on forward-flow funding lines and different types of debt facilities.

FinTech FAQs

We will advise on whether you need to be authorised by the FCA to launch a particular product, or alter an existing one. We also advise on B2B contracts (including white-label and partner agreements), as well as consumer terms and conditions.

Yes, we act for lending platforms on all kinds of funding structures, from forward-flow funding lines to private placements. We can advise on all levels of the capital stack, from senior funding, to mezzanine funding and equity instruments.

We provide legal advice, whenever you need it. If you need day-to-day compliance services instead, we can introduce you to compliance consultants. If you need a combination, we will work closely with your compliance advisors, so that nothing falls between us, nothing gets done twice, everyone plays to their strengths, and you get the best possible value for your money.

We provide specialist support to clients facing complex enquiries from Supervision and / or a referral to Enforcement. We also conduct internal investigations following, for example, a whistleblower raising a concern regarding a financial irregularity, and we advise upon the immediate actions including self-reporting to the relevant authorities.

Yes, we are recognised by the legal directories as a leading law firm on advising on the raising of equity finance, and we have assisted both investors and companies in various sectors on their funding rounds.

"State of the art understanding of fintech, an extremely fast-moving sector."


Legal 500 2020

"Excellent industry knowledge and experience across a strong team."


Legal 500 2021

"Excellent knowledge of the market place and sector. Commercial and timely advice. The team have spent time getting to know our business to ensure that the advice provided suits our business needs and appetite for risk."


Legal 500 2021

Search

Portfolio
Title CV Email

Remove All

Download