HOGAN Lovells, the City law firm that has helped the likes of Zopa and Landbay move their businesses forward, has launched a global fintech mentors programme to support more firms in the sector.
The company, which announced the programme at the Innovate Finance summit in London, will provide mentors in the UK, US, Germany and Hong Kong, who will offer advice, training and networking opportunities to fintech firms looking to launch, improve and expand their offerings.
Last year, Hogan Lovell’s global fintech group worked with more than 40 fintech firms, providing advice as well as helping them access the Financial Conduct Authority’s regulatory sandbox – a ‘safe space’ where innovative companies can test out their ideas free from legal challenges.
The fintech mentors will include London-based partners Emily Reid, Rachel Kent and John Salmon.
“Having worked with Emily Reid for over a decade, I continue to rely on her to help my business when we are looking at new ideas,” said Giles Andrews, co-founder and chairman of peer-to-peer lending giant Zopa.
“Her immense knowledge of the industry and ability to deliver solutions for the unprecedented is such an asset for me.”
“It is great for the industry that so many law firms are offering support to fintechs,” said Kent.
“What we offer is more than just legal advice, we help start-ups to integrate themselves into the fintech ecosystem and to fulfil their objective of bringing their product to market.
“Our fintech mentors programme will allow us to share our extensive industry knowledge with a new breed of financial services companies and to help them to launch, expand across borders and to be successful.”