Innovative fintechs awarded place on acclaimed growth programme
Nine innovative fintech businesses have been selected to take part in Addleshaw Goddardâ€™s prestigious growth programme, AG Elevate.
Senior fintech lawyers at the leading international law firm will provide mentoring and legal guidance to the nine high-growth businesses and start-ups, worth a total of Â£500,000.
Fintech firms Amiqus, ARQ, Autopaid, Finance Unlocked and Finvisage are among those to be awarded a place on this yearâ€™s AG Elevate after submitting successful applications earlier this year.
They will be joined by OBR-Open Banking Reporting, Pionr, Trace and Tumelo on the prestigious growth programme.
Fiona Gosh, a partner and head of fintech at Addleshaw Goddard, said: â€œThe AG Elevate programme was founded in 2017 to support ambitious fintech start-ups across the globe and help them overcome the complex regulatory and legal challenges businesses can encounter as they scale up.
â€œFintech firms are some of the most disruptive and innovative businesses we see in the market. Helping the very brightest achieve their full potential is something weâ€™re tremendously passionate about, and thatâ€™s why the AG Elevate programme exists today.
Dave Anderson, a partner at Addleshaw Goddard who specialises in working with technology companies, said: â€œThis year weâ€™ll be working with a fantastic array of earlier stage fintechs, all of which are bringing interesting innovations to the financial services industry that will shake up business practices and offer greater quality and choice in the market. Addleshaw Goddard enjoys a reputation for excellence in technology and financial services, and the industry-leading advice we provide will help ensure our chosen fintech companies can overcome the regulatory hurdles they will encounter on their path to growth.â€
The chosen businesses will be allocated assigned mentors to provide the equivalent of 25 hoursâ€™ free legal advice covering funding, payments, financial regulation and technology.
Members will also receive access to Addleshaw Goddardâ€™s legal seminars, legal updates, networking events and TORCHLIGHT online tool, which helps users track future regulatory developments in the financial services sector.
Addleshaw Goddard has a dedicated Fintech and Payments team with more than 30 senior lawyers and recently exhibited at the Money 2020 Fintech conference in Amsterdam. The firm was recognised as one of the top tenâ€˜Most Innovative Law Firmsâ€™ in Europe at the 2018 Financial Times Most Innovative Lawyers Awards.
For details on how to apply for next yearâ€™s AG Elevate programme visit: https://www.addleshawgoddard.com/en/ag-elevate/programmes/apply/