Innovate Finance has partnered with law firm Hogan Lovells to promote the FinTech community in the UK and globally.
Hogan Lovells is the first law firm to become a Strategic Partner of Innovate Finance and it “will play a pivotal role in this, working with the full range of players, from start-ups to established financial services institutions and FinTech companies.”
The firm has been interested in the FinTech market for some time now, working on a range of developments from the UK’s first ever debit card to advising Zopa on the UK’s first peer to peer lending platform, and Barclays on the launch of Pingit.
Innovate Finance, the independent not-for-profit membership organisation that supports the UK’s FinTech industry, has recently been focussing on bridging the gap between the North and South of England by sending a delegation to Manchester as part of an initiative to forge innovation connections between London and regional hubs around the UK.
“The Strategic Partnership with Hogan Lovells will help Innovate Finance on its mission to champion the UK as a global FinTech hub, supporting the growth of innovative FinTech businesses.
FinTech businesses need to contemplate regulation and commercial frameworks to support strategies for today and the next generation. Hogan Lovells are exceptionally well placed to help Innovate Finance support their members’ growth through this fast changing landscape,” said Alastair Lukies CBE, Chairman Innovate Finance.
Hogan Lovells’ co-head of Financial Institutions Sector Rachel Kent said the law firm relishes the prospect of using its legal and regulatory knowledge across the Financial Institutions and TMT sectors to help shape the future of the FinTech industry.
“Together with Innovate Finance we have a unique opportunity to collaborate with the innovators, disruptors and forward thinkers as well as the established players in this rapidly expanding community which will revolutionise the financial services sector as we know it,” she added.
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