At Alfi Legal we understand the dynamic and rapidly evolving world
of financial technology, FinTech. Our FinTech practice is designed
to help FinTech companies and startups solve the legal challenges,
whether in licensing or compliance, and seize available
opportunities in this innovative sector. We provide comprehensive
legal support to FinTech startups, structure their business
entities, draft their policies and procedures and connect them with
the right people in the FinTech and financial sector. We established
financial institutions and tech companies venturing into financial
services. Here’s how we can assist:

Regulatory Compliance

Achieving compliance with laws and regulations in the FinTech
industry. With the fast pace of technological advancement, laws and
regulations are constantly changing. We help you stay ahead by:

• Advising on local, regional and international regulations
  affecting your FinTech operations, and shape a structure that
  accommodates the international practice of compliance.
• Obtaining and procuring licenses, along with completing
  registration processes.
• Ensuring compliance with data protection and privacy laws.
• Guiding you through anti-money laundering (AML) and
  know-your-customer (KYC) requirements.

Corporate Governance and Structuring

A solid corporate structure and governance framework are essential
for any FinTech company. We provide expert advice on:

• Choosing the right business entity, whether it’s a corporation,
  LLC, or partnership.
• Drafting and reviewing bylaws, operating agreements, and other
  governance documents.
• Setting up effective board structures and governance practices.
• Advising on equity distribution, shareholder agreements, and other
  corporate matters.

Contracts and Agreements

Clear and well-drafted contracts are vital for protecting your
interests and ensuring smooth business operations. We help with:

• Drafting and negotiating a wide range of contracts, including
  service agreements, partnership agreements, and terms of service.
• Reviewing existing contracts to ensure they meet legal
  requirements and best practices.
• Advising on contract disputes and providing strategies for
  resolution.

Intellectual Property Protection

In the FinTech industry, your intellectual property (IP) is one of
your most valuable assets. We offer comprehensive IP services,
including:

• Advising on patent, trademark, and copyright protection for your
  innovations.
• Assisting with IP registrations and filings.
• Conducting IP audits and managing IP portfolios.
• Defending your IP rights through litigation or alternative dispute
  resolution.

Data Security and Privacy

Data security and privacy are critical concerns for FinTech
companies. We help you safeguard sensitive information and comply
with relevant laws by:

• Advising on best practices for data security and privacy.
• Drafting and reviewing privacy policies and data protection
  agreements.
• Ensuring compliance with regulations like GDPR, CCPA, and other
  data protection laws.
• Responding to data breaches and advising on mitigation strategies.

Fundraising and Investment

Securing funding is a key challenge for many FinTech startups. We
support you through the fundraising process by:

• Advising on different funding options, including venture capital,
  private equity, and crowdfunding.
• Drafting and negotiating investment agreements.
• Ensuring compliance with securities laws and regulations.
• Assisting with due diligence processes.

Litigation and Dispute Resolution

Legal disputes can arise in any business. We help you navigate these
challenges by:

• Representing you in court or arbitration proceedings.
• Advising on dispute resolution strategies to achieve the best
  possible outcome.
• Handling regulatory investigations and enforcement actions.

At Alfi Legal, we are committed to providing practical and effective
legal solutions tailored to the unique needs of the FinTech
industry. Whether you are a startup looking to launch a new product,
an established company seeking to expand, or a financial institution
navigating regulatory challenges, we are here to support you every
step of the way.

Credentials:

• Forming numerous fin-techs & startups, along with advising them on
  structuring and licensing.
• Drafting the first Sharia-compliant employee stock option plan in
  Saudi Arabia.
• Drafting term sheets & investment agreements for transactions that
  amount to more than 700 million in value.
• Advising a leading international financial institution on its
  securities dealing activities in KSA.
• Advising a leading Cooperative Insurance on its acquisition of a
  financing Company.
• Advising a prominent investment bank on the set up of REITs
  amounting to SR. 1 Billion in value.
• Establishing Investment Funds in the amount of more than SR. 2
  billion in capital.
• Drafting major investment laws, such as the Investment Funds
  Regulation, the Insolvency Law, the Corporate Governance
  Regulation and the new Commpanies Law.
• Drafting the rules & procedures of Tadawul, including the Trading
  Rules and Listing Rules.
• Representing the government of Saudi Arabia in its privatization
  contract of the Real Estate Registry with the Public Investment
  Fund.
• Consulting leading real estate developers on their landmark
  projects in KSA and Dubai.
• Settling constructional disputes related to the Riyadh-Metro
  project in client’s favor.
• Litigating a landmark case regarding the managers’ liability of a
  listed company for the delisting of the company’s shares from
  Tadawul exchange market.

Certifications:

• Capital Market Dealing Expertise.
• Compliance and Anti Money Laundry Management
• Financial Derivatives and Structured Finance
• Corporate Governance Expertise
• Data Privacy and governance