FinTech Legal - USA - Nationwide
What the Team is Known For
The FinTech team at Covington & Burling has particular strength in advising international payments companies on product structuring and facilitating partnerships between banks and technology platforms. The firm also advises on digital asset regulation and transactional matters.
Strengths
"Covington & Burling are excellent lawyers and have done a nice job. They have a very deep bench."
"They've provided all the services that I needed in a fast and efficient manner. You get a high level of expertise with Covington, very efficiently executed."
"Covington has a deep understanding of the nuances within financial services and banking regulation, which makes them well positioned to address novel issues."
"Covington stands out due to its rapid understanding of complex business models, cross-departmental expertise, impeccable drafting skills, exemplary communication, and business-oriented legal counsel."
Work Highlights
Covington & Burling advised Coinbase, a digital currency exchange, on financial services and securities regulations, as well as certain product counselling projects.
Notable Practitioners
Michael Nonaka is a financial services expert who assists banks, lending companies and payments firms with compliance, transactional and legislative issues. He is particularly sought after for state regulatory licensing and product counselling advice. "Michael is incredible, thoughtful and possesses deep subject-matter expertise and practical expertise and experience in navigating the complex area of crypto custody and US domestic regulation." "Michael Nonaka is highly knowledgeable and efficient. He's very good at what he does." "Mike has a deep understanding of the nuances within financial services and banking regulation, which makes him well positioned to address novel issues."
Judy Mok is a payments expert with a focus on strategic partnership agreements. She has negotiated complex payments transactions for retailers, financial institutions and businesses. "Judy has high expertise. She's easy to work with and offers practical and solutions-oriented advice." "Judy Mok was an excellent outside counsel for us." "Judy is responsive, diligent and forward-thinking. I value Judy’s ability to leverage her deep contract drafting and negotiating experience to creatively tackle issues."