How can law firms help fintechs accelerate?

By Amber Donovan-Stevens

May 16, 2020

undefined mins

As dozens of fintech organisations sign on to Ashurst’s FinTech Legal Labs programme, it is becoming clear that accelerator programmes are the way for...

As dozens of fintech organisations sign on to Ashurst’s FinTech Legal Labs programme, it is becoming clear that accelerator programmes are the way forward.

Fintech is an industry that continuously challenges laws by venturing onto new grounds.However, these very same laws are stinting hopes of fast progression within these companies.

To combat this and drive expansion, there are steps fintech organisations can take to accelerate their business with legal support by joining programmes. Ashurst is one law firm that has started FinTech Legal Labs, designed to assist fintechs with legal compliance. The leading international law firm announced its cohorts for the programme that will run from 20-22 November.

Programmes like this provide fintechs with the chance to network with a provider's clients and contacts in order to progress legal strategies as well as discussed walkthrough all key legal topics that apply to the fintech industry. In return, investors will gain access to a number of digitally disruptive companies and startups, allowing opportunities for partnerships.

Proposed Areas of Law to discuss:

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Abradat Kamalpour, who leads FinTech Legal Labs, said: "We had an overwhelming response to the launch of the inaugural programme from a wide variety of great FinTech businesses operating in the sector. We are really delighted with the businesses that we are talking into the first cohort and the programme is set to be a fantastic platform to bring together know how, collaboration and create partnerships from across the FinTech and institutional sectors."