Allens

FinTech Legal Department

Australia
Current View:

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What the team is known for Allens has a strong cross-sector practice covering regulatory, financing and transactional mandates. The firm acts for incumbents and venture funds on structuring investments into startups as well as high-growth FinTechs on compliance issues and expansion strategies. Also noted for Allens Accelerate, through which it advises startups on incorporation, corporate governance, privacy, IP, tax and employment matters. It is additionally recognised for its policy and regulatory expertise regarding ICOs and cryptocurrency, including on credit reporting, data exchange and licensing agreements, as well as on matters related to digital banking and data analytics.

Strengths"They do quite a lot in this space and are strong across all aspects of FinTech."

Work highlights Assisted Westpac with all aspects of the development of its new digital banking platform, including related investments, licensing, regulatory advice and agreements with downstream partners.

Notable practitioners

Practice head
Gavin Smith
is described by various market sources as a "good operator" and an "excellent lawyer and person." He frequently advises on data-related regulatory issues and assists FinTech clients with various service agreements.