Financial technology, commonly abbreviated as Fintech, is defined as new technology seeking to improve, develop and automate the use of various financial services. Fintech has disrupted the financial services sector in many ways, as well as introduced many new companies, start ups and solutions into this – previously traditional – sector. One of the fastest growing and most exciting industries right now is however clouded with uncertainty when it comes to many of the regulatory and legal issues facing it.
Like all companies, Fintech companies are obliged to structure and operate their businesses in compliance with applicable laws and regulations, depending on where they operate and are based, but when these companies turn to a traditional law firm with their issues related specifically to Fintech law and policy, even the more known traditional law firms are often unable to help them as many Fintech issues are so unique to the Fintech industry itself.
Fintech companies therefore often have difficulties finding more specialized Fintech lawyers that can assist them with navigating the legal, as well as practical risks related to this promising industry.
Porat Group, a Fintech law firm based in Israel, a country where many leading Fintech innovations were developed, but working with Fintech clients all over the world, has experience assisting both emerging, as well as established Fintech companies with a multitude of Fintech legal issues, within a range of legal frameworks, and in multiple jurisdictions.
Our areas of expertise include:
Our advisory services includes matters and aspects such as:
Porat Group can therefore provide clients with a full service solution for their unique needs and circumstances, both related to Fintech law and policy, as well as commercial law, tax laws, employment law, protecting their various assets, and other legal aspects.
Our client base is as diverse as the Fintech industry itself, ranging from Fintech start ups to established industry leaders, based both in Israel and worldwide.
Our commitment to the industry is further manifested in the fact that Porat Group was one of the first law firms to announce that we accept digital currency as a form of payment. This is still the case, and we are more than happy to explain the consequences of this addition to our payment methods for any of our clients interested in doing the same.