Brown Rudnick's Global FinTech Group provides cutting-edge business and legal solutions to clients operating or investing in the FinTech space.
Our team advise in respect of financial transaction systems, underlying technologies, encryption and data transaction security and its regulation, distributed systems, telecoms, tech-capital markets, technology specific investment, acquisition and disposal of technology and IP rich businesses, regulation of automated trading and transaction platform, intellectual property and international disputes.
We have a deep understanding of the complex technologies, secure transaction technologies, block chain, and distributed cloud systems, mobile applications "internet of things" tech and business process innovations which drive new applications and business models in this fast evolving sector to comply with regulations on a global scale.
Our team is committed to staying on top of industry trends and up-to-date with emerging developments in this fast-paced sector.
We have extensive experience advising on:
- Regulation of digital trading and payment systems
- Risk Management Systems
- Data Collection, data analytics, risk management and fraud detection
- Privacy, Compliance with Data Protection Law, storage security transmission and sale of data
- Data Base Rights
- Block chain Secure Payment and Transaction Systems
- Encryption and Data Security
- Compliance with money laundering, bribery and proceeds of crime and sanctions regulation
- On line payment processing, credit card security compliance and transaction processing agreements
- Trade Secret, Patent, Copyright Brand Protection
- On-Line Advertising Marketing and Promotion of Financial Products and Services
- Regulation of Investigatory Powers, Compliance with Police and Regulatory investigations
- Management of Data Breach and defence of regulatory enforcement
Representative experience examples include advising:
- A FinTech software company focused on the energy industry in a recapitalization transaction.
- A Private Investment company on its investments in Mozido, Inc. and IdentityMInd, which are e-payment systems and anti-fraud systems for the online payments industry.
- Afluenta Holdings SL and Afluenta LLC in the first VC investment by the International Finance Corporation (IFC) in a peer-to-peer lending marketplace.
- Cruncher Technologies Limited, a tech start-up operating in the big data space, with a product designed to collate, analyze and summarize real-time newsfeeds. This transaction is a good example of our ability to provide a seamless cross-border service to VC startups and subsequently to guide and assist them with fundraising and doing business in the United States.
- The Japanese Bankruptcy Trustee of the failed global Bitcoin exchange Mt. Gox, which had been the world's largest exchange for this digital currency, in connection with the company’s Chapter 15 case in Bankruptcy Court in Texas and related litigation in the United States. The team obtained Chapter 15 recognition of the Japanese bankruptcy proceeding as a foreign main proceeding, thereby staying all US litigation against Mt. Gox for the benefit of its foreign insolvency proceeding.
- A client in connection with the investment in an on-line lender based in San Diego.
- A publicly traded global provider of payments and financial services software solutions with respect to day-to-day corporate governance matters, as well as in connection with numerous acquisitions and, ultimately, their sale to another company in the industry.