Simont Braun - Avocats advocaten lawyers

Digital Finance

Digital transformation is bringing about seismic changes in the financial sector. Existing operators and new entrants alike are launching innovative and disruptive business models at breakneck speed in one of the most highly regulated environments.

Financial consumers and industry professionals are demanding bespoke and more user-friendly solutions to meet their financial needs. Alternative investment platforms, mobile payment solutions, robo-advisory, distributed ledger technology, personal finance management apps and similar developments are all striving to satisfy the demand. However, the current regulatory framework is embedded in a more traditional market infrastructure. FinTechs therefore face multiple regulatory barriers to their provision of disruptive financial services.

Simont Braun has set up a multidisciplinary Digital Finance team, combining the necessary skills to help businesses address the legal challenges of FinTech reality. With different legal backgrounds ranging from financial regulatory to ICT and data privacy within a single team, we offer clients an indispensable cross-practice approach. With a genuine personal interest in (Fin)Tech, our lawyers take on multiple speaking engagements, produce scientific contributions and actively participate at industry events.

EXPERIENCE:

  • Structuring and setting-up of Belgium’s first alternative consumer lending platform;

  • Assistance provided to a mobile network operator for its e-money product range;

  • Acting as counsel to technical service providers in the payment industry;

  • Advisory services provided to several e-payment service providers on financial regulatory matters;

  • Negotiation with the competent regulators for the setting-up of crowdfunding platforms.


Simont Braun is a founding member of FinTech Belgium



Have a look at our Digital Finance brochure.