Orrick Advises Founders on Sale of Fintech Firm Giroxx to INTL FCStone
Our focus on the fintech sector is a natural product of Orrick’s strengths in technology and finance. We advise more than 2,700 high-growth clients globally and have been recognized as the Most Innovative Law Firm in North America for the 3rd year in a row by Financial Times in 2016, 2017, and 2018. Our finance and transactional capabilities are well documented. In 2018, we have assisted clients in raising $14.6 billion in venture-backed financings and executed $42 billion in M&A transactions globally. Our finance team is known for developing first-of-a-kind structures and is among the most active securitization firms. In 2016, we advised on securitizations with an aggregate value of approximately $50 billion, including several complex transactions for fintech platforms.
We advise both payment specialists and brand-name companies on data breach, payment card fine and penalty mitigation, data protection, Bank Secrecy Act and anti-money laundering regulatory defense and compliance, and Payment Card Industry rules and standards. And our Public Policy group has garnered acclaim for guiding clients, including fintechs, through an evolving regulatory landscape at all levels of government in areas that were previously uncharted waters. These capabilities, combined with many others, enable us to provide comprehensive solutions for fintech globally.
Fintech is changing the world. We believe in the value proposition of fintech because we have been innovating alongside our clients as they transform the economy. Some examples include:
Growing with our clients. From emerging growth companies to mature, publicly-traded enterprises, we partner seamlessly with our clients to provide appropriate support at each stage of development. We have deep experience across all phases of the life cycle, having handled hundreds of advisory engagements, equity and debt capital markets transactions, including securitizations, and employment, litigation and regulatory matters on behalf of a vast array of fintech clients, and the banks and funds that provide financing to fintech companies.
Seeing around the corners. As regulators increasingly focus on the burgeoning fintech industry, we provide clients with comprehensive solutions and real-time practical advice on evolving and sometimes contradictory regulatory developments. A company’s compliance challenges might, for example, involve employment requirements in Europe, financial regulation in the United States, rules governing business practices in China or all of the above. Our global team is located in the world’s key financial and business centers, and has the capacity to solve the most difficult regulatory and compliance problems faced by fintech businesses of all sizes.
Simply put, we partner with our fintech clients to position them for growth while simultaneously helping to assess and reduce risk in the face of changing regulations, increased scrutiny on fintech providers and greater uncertainty across all economic sectors. We understand that not every fintech enterprise faces the same legal challenges, and are committed to helping our broad base of clients achieve success on their own terms.