FinTechs starting up on a limited budget need to be business-focused and agile – but also aware of how attention to legal and regulatory matters at the outset can set you up for future success.
In our Legal tips for FinTech start-ups in New Zealand guide, we gather some of the legal and regulatory issues affecting FinTechs that we regularly deal with at MinterEllisonRuddWatts.
These include:
- Choosing your business structure and branding
- Documenting the legal relationship between founders
- Navigating the financial regulatory landscape
- Considering privacy/data protection and cyber-security
- Understanding your obligations as an employer
- Commercial agreements with partners and other service providers
- Protecting intellectual property
- Dealing with competitors and customers
If you are a FinTech start up, we recommend you seek legal or other professional advice appropriate to your own circumstances. But we hope these tips will set you off in the right direction.
At MinterEllisonRuddWatts, we have lawyers who help clients navigate the issues raised above, and the many adjacent issues that can arise with running a business. Please get in touch to see if we can assist.
Original source: Legal tips for FinTech start-ups in New Zealand
