This type of business leverages technological innovation to offer financial products and services in a more efficient, agile, and modern way, such as digital payments and banking transactions, taking advantage of its benefits over traditional financial operations.
Fintech companies have revolutionized the financial landscape in Ecuador following the enactment of the Organic Law for the Development, Regulation, and Control of Technological Financial Services – Fintech Law in December 2022. In addition to the increased significance of technological means for service execution, innovation has become essential to meeting the needs of users within the financial system.
In compliance with this Law, AVL offers its clients and potential clients the necessary support and advice before, during, and after the incorporation of these types of companies, which apply new technologies to digitize and optimize financial services and transactions that both consumers and businesses need to carry out daily. This approach makes these operations much more accessible, faster, and cost-effective, facilitating the transition to a digitized world with innovative and technologically advanced business models, while moving away from slower and outdated processes.
AVL offers comprehensive services and advisory for fintech companies in:
Our team has extensive knowledge and specialization in the fintech sector. They stay up to date with legal reforms and relevant updates in the field to provide high-quality and excellent advisory services. Our firm maintains a strong reputation and recognition in the industry, generating trust and credibility.
Our advisory services are based on the analytical and strategic abilities of our lawyers, enabling them to resolve complex situations, develop effective legal strategies, anticipate legal issues, and engage in long-term planning.
One of our strengths is clear and precise communication, which allows us to convey and apply complex legal concepts in a way that is understandable for our clients. Additionally, teamwork and comprehensive collaboration enable us to provide our clients with a service that involves expert lawyers, specialized in addressing legal issues from a multidisciplinary perspective.
We uphold high ethical standards to act with integrity in every situation, dedicating ourselves to understanding the needs and objectives of our clients and offering tailored solutions.
Clients and potential clients of AVL are individuals and companies who seek and may require the expertise of a fintech lawyer in various specific situations, particularly given the complex and constantly evolving regulatory environment of the sector.
The need for a specialized lawyer becomes evident at the moment of launching and establishing a new payment platform, ensuring compliance with financial regulations and data protection laws, as well as when entering a market, whether national or international and adapting to local laws and regulations.
Having the guidance of an expert is crucial for negotiating and drafting investment agreements, ensuring fair terms, and protecting intellectual property.
In essence, the advice of a fintech lawyer is vital at nearly every stage of the lifecycle of such companies, from their creation and initial structure, through daily operations, to expansion and conflict resolution.
AVL Lawyers offers comprehensive advisory services to fintech companies in various legal areas essential for their operation and growth, such as:
Formation and Legal Structure
Regulatory Compliance:
Contracts and Legal Documentation:
Intellectual Property:
Litigation and dispute resolution:
Mergers and acquisitions:
Labor and employment matters:
Tax advice:
