Banwo & Ighodalo

FinTech Legal Department

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What the team is known for Banwo & Ighodalo is a respected firm held in high regard for its engagement with the domestic regulatory environment. The lawyers regularly liaise on behalf of clients with the Central Bank of Nigeria and possess notable expertise in financial services regulations. In addition to financial institutions, Banwo & Ighodalo attracts startups, participating in incubator and accelerator programmes to provide intellectual property and technological advice. The firm is also a member of the FinTech Association of Nigeria.

Strengths"They're doing very good work in the FinTech sector."

Work highlights Assisted a coalition, led by Softcom and MTN Nigeria, on the deployment of a donation-based crowdfunding and disbursement portal in partnership with the Lagos State Government, which seeks to cushion the socioeconomic impact of Covid-19 in Nigeria.

Notable practitioners

Isa Alade
is an expert in handling complex FinTech transactions. Alade has specialist skills in financial regulation, handling legal matters concerning the regulatory implications of the development of mobile payment platforms. Sources say: "He's a smart guy with a broad financial regulatory practice, with a focus on payment systems."