Praised for operating at the ‘cutting edge of service provision’ in the fintech space, Shoosmiths LLP offering spans expertise in payments, financial services regulatory work, and blockchain disputes. Technology specialist Prakash Kerai – who co-heads the practice – is well regarded for his work with new entrants to the fintech space. Fellow co-head Luke Stubbs frequently advises on payment services and the procurement of embedded finance solutions, while Sam Tyfield is praised for his ’excellent domain knowledge‘. Thomas Morrison is also noted.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Matt Green has an excellent grasp of the issues in cryptocurrency disputes and has an especially wide knowledge of the sector.'

  • ‘In-depth knowledge of market structure issues impacting European and UK financial services firms and applicability of new technologies to financial services as a result.’

  • ‘Sam Tyfield has both excellent domain knowledge as well as industry connections across technology and financial services firms as well as government and regulators.’

  • ‘The team is at the cutting edge of service provision in this space, and constantly driving ways to provide value to clients.’

  • ‘Matt Green leads the blockchain litigation practice. He was one of the first in this field and continues to lead this fast-developing field.’

  • ‘The team are friendly, approachable and commercial. They make the complicated simple and work to deadlines, always delivering on time.’

  • ‘Prakash Kerai provides a very good service. He's a dogged negotiator with a great attention to detail. He's our preferred external counsel for cloud based material outsourcings.’

  • ‘Thomas Morrison has been absolutely first rate.'

Key clients

  • Together Money
  • Markel Insurance
  • Close Brothers
  • 11:FS
  • Vaultex
  • Moove
  • B&M Bargains Plc
  • N Brown Group Plc
  • ABN Amro Bank NV
  • Zip Payments
  • Virgin Media O2
  • Tesco Mobile Limited
  • AIB Group (UK) Limited
  • Creation Consumer Finance Limited t/a BNP Personal Finance
  • ClearToken Holdings Limited

Work highlights

  • Advising major bankers, lenders, and insurers on various business-critical fintech arrangements.
  • Led a shadow s.166 review with the UK subsidiary of a regulated point of sale provider which was involved in a lengthy and protracted engagement with the FCA.

Lawyers

Practice head

The lawyer(s) leading their teams.

Prakash Kerai, Luke Stubbs

Other key lawyers

Sam Tyfield, Thomas Morrison