Financial technology or “FinTech” as it is called is a fast-expanding area of technology that affects multiple areas of the financial services industry. From online investing platforms – such as crowdfunding portals – to more robust mobile banking services, opportunities for companies in the FinTech space are plentiful. The niche area has both established companies, like large banks and other financial service providers, as well as innovative start-ups vying for their share of the market. In this highly competitive field, getting strategic business and legal advice is essential to a company’s success.
Freeborn’s Emerging Industries Team has assisted multiple FinTech providers in helping to advance their businesses by addressing their legal needs. Our interdisciplinary team of attorneys covers all aspects of FinTech, including general corporate law and litigation to issues related to intellectual property and securities law. Our experience includes counseling companies that operate online platforms for Internet-based investment and peer-to-peer lending, among other areas of FinTech. In addition, Partner Anthony J. Zeoli is an industry leader in the area of crowdfunding, having successfully drafted the intrastate crowdfunding exemption in Illinois, which went into effect in 2016.