The 2021 Chambers & Partners FinTech rankings have just been released and we are delighted to have gained another individual ranking for Ahmed Thabet in addition to maintaining our firm ranking and individual ranking for Joby Beretta.
Chambers quotes this year:
What the team is known for:
The Bench has a diverse range of strengths in the FinTech industry, and can provide expert advice on IP protection strategies, FinTech M&A and outsourcing. The firm displays excellent capacity for handling complex contract negotiations and licensing agreements. The team is also adept in providing clients with an excellent understanding of the digital payments sector and the legal obligations associated with it. The firm counts an impressive list of FinTech startups, financial institutions and TMT suppliers among its client base.
Strengths:
“All the individuals we dealt with were knowledgeable and straightforward.”
“They genuinely care about our business and give very insightful advice.”
Work highlights:
Advised Monimove on various FinTech agreements including a trial agreement with Emirates NBD.
Notable practitioners:
Ahmed Thabet (Band 4) is a highly experienced FinTech and banking lawyer boasting a background as in-house counsel at national and global banks. Thabet brings expertise across the FinTech spectrum, with focuses including digital banking, payments law, IT, IP and outsourcing. He is especially popular with startups in this space, with one source describing his assistance navigating the financial regulatory space, stating that “he is the kind of guy that startups need.”
Joby Beretta (Band 3) is a TMT lawyer with a wealth of experience in advising on complex FinTech transactions. He is also noted for his expertise in digital banking, where he has acted for a number of financial services providers on mobile payment licences and other commercial matters. He wins praise from clients for his expertise, responsiveness and commerciality, with one client commenting that “he can put on both legal and business caps - he thinks about the practicalities.”
Please see our earlier blog on Cryptocurrency and Blockchain regulation in the UAE here. If you would like any assistance on any FinTech matters please contact either joby@thebenchlaw.com or ahmed@thebenchlaw.com.
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