Independent UK law firm Burges Salmon has been named Best FinTech Sector Law Firm at the 2023 FinTech Awards, organised by global publication Wealth & Finance International.
As the financial sector continues to see an overwhelming need for innovation in financial products to support the way consumers and businesses engage with financial services and drive the use of cutting-edge digital technology, this awards programme, now in its seventh year, showcases businesses and individuals who are revolutionising the world of financial technology. From risk and compliance management software through to legal, tax and AI-enabled stock trading platforms, winners are shaping the industry and the future of fintech.
Ranked as a Tier 1 practice in UK directories, Burges Salmon's fintech team brings together a cohesive and experienced group of cross-functional experts – including financial regulation and products, corporate, technology and data, banking and capital markets, employment and IP – to assist fintech clients seize opportunities and established financial institutions transform. The team's clients include start-ups, high growth scale-ups, international and globally relevant financial institutions and other major corporates.
Clients describe the team as “extremely outward facing and customer centric” and commentators describe the team as the “goldilocks” of lawyers for scaling businesses. The head of fintech Martin Cook is hailed as “an excellent lawyer and fintech specialist”, “extremely commercial” and “very amenable and easy to work with”.
Recent team highlights include: advising new market entrants bringing financial and data products to market; acting for an international banking group developing its technology and innovation capability; helping overseas fintechs launch in the UK; debt capital markets advice to lending platforms; contributing to the UK chapter of the International Fintech Review, released in association with the European Fintech Association and the International Monetary Fund; and acting for London-based fintech Communion on its new money saving app, the first of its kind, with the firm providing equity fundraising and brand development advice.
Martin Cook comments: “We’re thrilled to have been recognised again as a leading law firm for the fintech sector in the UK. This award highlights the high calibre and wide range of work being driven by our clients as well as the depth of our cross-disciplinary fintech team who handle clients’ most significant strategic initiatives as well as support their day-to-day legal and regulatory needs.”