International law firm Ashurst has unveiled a new accelerator programme named FinTech Legal Labs to boost FinTech leaders’ understanding of the legalities around the sector.
The startups selected for the accelerator will also benefit from the opportunity of tapping into the Ashurst’s network of financial institutions, investors and potential corporate clients.
Ashurstä’s accelerator programme is the result of a collaboration between the law firm and Ashurst partners and senior lawyers across different practice groups. It was set up to address what they had noticed as gap in the market where FinTech companies needed legal support and access to investors.
The programme will run for three days and cover key regulatory areas. It also aims to give financial institutions the opportunity to tap into the knowledge of the companies spearheading the FinTech revolution.
Abradat Kamalpour, partner at Ashurst, said, “This is an exciting new initiative from the Ashurst global FinTech group, which is a key area of focus and growth for the firm. Leading financial institutions and investors have recognized that financial technology is critical to their future and success and having access to cutting edge FinTech companies is increasingly becoming an important part of their strategic planning.
“We are confident that this focused accelerator programme will provide an ideal platform to bring together know how, collaboration and create partnerships from across the fintech and institutional sectors. The programme also allows us to strengthen our relationships with promising FinTech companies that are going to play a critical role in the future of the financial services industry.”
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