Building on the momentum of last week's UK FinTech Week 2022, leading global law firm Baker McKenzie launches its first ever Fintech Counsel Fund today.
The Fund has been created to provide structured legal support to three up and coming fintech companies over the course of a six month period, and will be available for all UK-based fintechs to apply for.
The Fund will also include:
- A kick-off workshop and structured legal plan to establish a legal roadmap and prioritise legal spend, managed by a dedicated senior relationship manager.
- A Legal Start-Up Pack of best practice legal templates and checklists.
- Complimentary access to the Firm's experienced business professionals.
- Complimentary access to the Firm's relevant thought leadership, events and networks.
- Discounted fee and alternative fee arrangements to help each business grow beyond the first months.
- Introductions to the Firm's global fintech team in expansion countries.
Sue McLean, Baker McKenzie Fintech Partner, said:
“During this year's UK Fintech Week, we have been celebrating the UK's key role as a global hub for fintech and recognising the world-leading fintechs founded here in the UK. Given our experience working with some of the world’s most influential fintechs, we are very keen to share our experience and support the next generation of UK fintechs to accelerate their businesses. We recognise how important it is to have the right legal advice early on to ensure that a fintech business is set-up for success.”
Mark Simpson, Baker McKenzie Fintech Regulatory Partner, added:
“I get no greater pleasure than seeing our strategic legal advice really help businesses grow. We hope that this Fund will help those successful applicants to flourish and avoid unexpected pitfalls.”
Successful applicants will be chosen by a judging panel of industry experts including fintech leaders from Revolut, Checkout, Anthemis and Salesforce and invited to present their business at a pitch event in July 2022.
You can find more information about Baker McKenzie's Fintech Counsel Fund here.