Burness Paull named as FinTech leader in Scotland
Top tier independent law firm Burness Paull has been awarded a band one ranking in the first ever Fintech guide for Scotland issued by the Chambers and Partners legal directory.
From its Edinburgh, Glasgow and Aberdeen offices, Burness Paull advises leading financial institutions and growing FinTech companies throughout Scotland and the UK on market-leading technology, payments and data projects.
The firm is one of the largest and most experienced independent Scottish firms and is engaged in complex FinTech mandates, evidenced by an enviable roster of clients including Nucleus Financial, Greensill Capital, LendingCrowd, Modulr, and AlbaCo, as well as leaders in the financial services sector, including Aegon, Alliance Trust Savings, Hymans Robertson, Standard Life Aberdeen and Financial Services Compensation Scheme.
Burness Paull is a founding member of FinTech Scotland and works closely alongside Scottish Financial Enterprise amongst others. It is also the Scottish member (and the only UK headquartered member) of Lex Mundi, the world-leading network of premier in-market firms in more than 125 jurisdictions, collaborating on international financial technology and commercial projects.
Industry figures interviewed by Chambers cited the fact there was “no other firm with such a high-profile and in-depth connectivity to the Scottish FinTech community” and that Burness Paull has “a leadership role in the market and must be the most impressive firm operating in Scotland when it comes to working with the smallest FinTechs".
Callum Sinclair co-heads the firm's FinTech group and is head of the Technology and Commercial practice, now the largest dedicated team in Scotland. Sinclair acts for some of the firm's biggest technology clients on market-leading outsourcing and enterprise cloud mandates.
Commenting on the accolade he said: “FinTech is an area of real expertise and tremendous potential for growth in Scotland and we have been involved in supporting its development right from the start.
“The firm is passionate about helping clients develop their businesses to enable them to work on an international scale, and it’s an exciting area which is evolving very quickly.
“We are grateful to clients for trusting us to handle their FinTech projects and it’s a nice bonus to be recognised for the effort we have put in to supporting the wider sector, which we are absolutely committed to continuing.”
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