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What the team is known for Servicing FinTech clients out of its banking and finance practice, Ellex Raidla offers one of the largest specialist teams in Estonia. The firm advises banks, financial institutions, venture capital funds and disruptive FinTech companies. FinanceEstonia is the first and largest community of FinTech professionals in the country, with Ellex a key member of the association. The last twelve months has seen a particular influx of mandates for the firm in the area of crowdfunding.
Strengths"Ellex probably stand out among the big players for their quality, often for their work with corporate and financial institutions."
"The quality of their work is excellent. The way they find solutions to every obstacle that comes along is much appreciated. Their professionalism and communication stand out as big pluses too."
Work highlights Advised UnifiedPost Group on its acquisition of financial process automation company Fitek Group.
Raino Paron is an experienced banking and finance partner active in the IPO market in Estonia. Paron has been at the forefront of legislative drafting in the country, contributing to the Financial Supervision Authority Act, Credit Institutions Act and Investment Funds Act, among others. "Raino is very well known," says a market insider. "He's visible outside of the firm and is a spokesperson with great experience in this field. He's legally oriented but has a wider business perspective too. He's not lost in the detail and sees the bigger picture."