Leading global law firm, Baker McKenzie, has announced the winners of its first Fintech Counsel Fund programme. The fund, which was launched in April 2022, was created to provide structured legal support to three up-and-coming fintech companies, and is worth £100,000.
The winning start-ups are:
1. SuperFi - which helps individuals take control of their debt
2. BigTXN - develops market-leading data solutions to complement investment compliance in ESG and sustainable finance
3. Nosso - which helps parents invest for their children's futures with the support of their close family & friends
Chosen for their strong business acumen, drive and use of fintech to tackle key challenges facing society, the winning companies will now have access to a comprehensive programme, including hotline support, a legal start-up pack of best practice legal templates and checklists; complimentary access to the Firm's experienced business professionals and 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; and introductions to the Firm's global fintech team in expansion countries.
Sue McLean, Baker McKenzie Fintech partner, said:
“It's been hugely rewarding to see such a high calibre of submissions for our first ever Fintech Counsel Fund, but these three shone the brightest for us. We are enormously excited to support this next generation of UK fintechs to accelerate their businesses."
Mark Simpson, Baker McKenzie Fintech Regulatory partner, said:
"During a volatile time, it's all the more important to support up-and-coming businesses and to help them achieve their full potential. I am looking forward to sharing our knowledge and expertise to help Nosso, BigTXN and SuperFi to realise their visions."
The winning start-ups are:
1. SuperFi - which helps individuals take control of their debt
2. BigTXN - develops market-leading data solutions to complement investment compliance in ESG and sustainable finance
3. Nosso - which helps parents invest for their children's futures with the support of their close family & friends
Chosen for their strong business acumen, drive and use of fintech to tackle key challenges facing society, the winning companies will now have access to a comprehensive programme, including hotline support, a legal start-up pack of best practice legal templates and checklists; complimentary access to the Firm's experienced business professionals and 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; and introductions to the Firm's global fintech team in expansion countries.
Sue McLean, Baker McKenzie Fintech partner, said:
“It's been hugely rewarding to see such a high calibre of submissions for our first ever Fintech Counsel Fund, but these three shone the brightest for us. We are enormously excited to support this next generation of UK fintechs to accelerate their businesses."
Mark Simpson, Baker McKenzie Fintech Regulatory partner, said:
"During a volatile time, it's all the more important to support up-and-coming businesses and to help them achieve their full potential. I am looking forward to sharing our knowledge and expertise to help Nosso, BigTXN and SuperFi to realise their visions."
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