FinTech Legal - Australia
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, and also advises high-growth FinTechs on regulatory compliance issues.
Strengths
"Commercial awareness is one of Allens' strongest points. The team is highly attuned to our commercial objectives."
"Allens quickly understand complex products and fact patterns and demonstrate good judgement in fitting them into the regulatory regime."
"Allens has experts in all the disciplines we require support in, including financial services, credit, privacy and AML. They are able to provide comprehensive and composite advice on all issues."
Work Highlights
Allens advised Coles in relation to the relaunch of the Flybuys customer loyalty programme, which included strategic advice on a new data sharing arrangement and competition issues.
Notable Practitioners
Gavin Smith frequently advises on data-related regulatory issues and assists FinTech clients with service agreements. Smith has particular expertise in acting for startup companies. "Gavin Smith is highly commercial and strategic. He can always provide advice that is applicable to our concerns and to the point."
