Hogan Lovells launches its FinTech Mentor Program for 2023

The program, previously known as the Global FinTech Mentor and Momentum Program, has to date invested more than a million pounds in supporting over 30 FinTechs - providing each with up to £25,000 in free legal and regulatory consulting services. The 2023 program is open to FinTechs at any stage of development, from start-ups to more established growth players. 

Emily Reid, Head of FinTech and Innovation at Hogan Lovells commented: “As the FinTech community comes together again, we’re delighted to be launching a revamped program with additional opportunities for networking. Collaboration breeds innovation and we know our new applicants will benefit greatly from the insights of our previous cohorts. As we enter a difficult economic period, we’re particularly keen to support FinTechs who are using technology to solve the issues of today and, through our legal and regulatory advice, help them on their growth journey.”

During the program, FinTechs will receive advice and insights from Hogan Lovells lawyers and regulatory consultants, as well as access to a network of industry participants and bodies to leverage the experiences of others in the sector. Hogan Lovells has also launched a brand new FinTech Mentor Program Hub, with exclusive access to members and alumni. The Hub will be filled with resources on the latest topics and industry trends, along with other such as a suite of template documents, and free or subsidised access to a host of LawTech tools.

Alumni of the program include:

• Your Juno – provides women and non-binary people with the financial knowledge and confidence to build their wealth. 
• Pillar – a credit platform which enables customers to use their international credit history to apply for a Pillar credit card and build their credit score across the globe. 
• Just Lend – a platform making lending and borrowing money between friends and family faster and smoother. 
• Updraft – an overdraft replacement app that provides low-interest loan facilities and debt-reducing nudges to customers.

Aseem Munshi, CEO of Updraft, said: “The Hogan Lovells team are friendly, available and very knowledgeable regulatory lawyers. They made it easy for us to get high-quality advice at a crucial stage of our development.”

Frederika Johnstone, Chief of Staff at Banked, said: “Hogan Lovells is an excellent all-round firm. The team is very commercially oriented and attuned to our needs. They’re extremely capable and are able to work through really complex FinTech projects with ease.”

Ines Chaib, COO of Gaia, said: "They understood our complex model extremely quickly. The team is solution driven and helped us to shape our next few years along the regulatory roadmap.”

Applications for the first cohort of the 2023 program open on 1 November 2022 and close on 31 December 2022. The firm will be accepting 10 applicants to the program next year: five in January and five in June. Further information on applying can be found here: FinTech Mentor Program (hoganlovells.com)