Financial Technology (FinTech)

Our fintech team delivers legal and commercial advice for a wide range of businesses from fast-growing start-ups to some of the world’s largest companies.

The Simmons team has been immersed in the fintech ecosystem since 2014 – a lifetime by the standards of this rapidly-evolving sector. This means we have extensive knowledge of the sector and have been able to establish a network that allows us to support our clients beyond the realms of traditional legal advice.

Working with organisations across a broad range of verticals including crowdfunding, payments, crypto assets, distributed ledger technology, robo-advice, insurtech and regtech - we help our client address a wide range of legal challenges. For start-up and scale-up businesses, we advise on regulation, tax, employment, incentives, IP, structuring, corporate governance and investment – supporting many towards unicorn status. For our global institutional clients, we advise on areas such as product development, commercial agreements, partnerships, investments and M&A.

Our understanding of the base technology underpinning fintech solutions combined with our knowledge of financial regulation sets us apart. It means our clients; the regulators, and the policy makers want to work closely with us. And we do this across the key fintech hubs, including Hong Kong, Singapore, the UAE and the UK. We were the only law firm invited to join the Bank of England’s fintech community.

Our clients include some of the highest profile names in the sector such as Monzo and Funding Circle, as well as the world’s largest financial institutions. And our team’s international so we often work on high value, complex cross border deals.

Our experience

FinTech clients

Funding Circle on the establishment of a £350m share issuance programme and the listing of a newly incorporated fund on the LSE’s main market .

FinTech clients

Funding Circle on a £129m securitisation of peer-to-peer SME loans, a first for the European securitisation market.

FinTech clients

Funding Circle on a structured financing backed by loans originated on the Funding Circle platform. The senior funding was provided by the European Investment Bank and was entered into as part of the European Union’s mandate to increase lending to SMEs across Europe.