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Table of contents

• How has coronavirus impacted fintech?
• There are reasons to be positive
• Opportunities in the public sector
• How is the negotiation and drafting of contracts in fintech changing in practice as a result of coronavirus?
• It’s not all about force majeure
• For lawyers working on transactions now, are there any particular things that should be given attention in light of coronavirus?
• Do you anticipate any longer term implications for transactions or general practice?

Article summary

TMT analysis: As hiring budgets tighten, deals get put on hold and investors sit on their cash, the UK fintech sector is facing real challenges. Inevitably, some excellent businesses will be lost but there are reasons for optimism about the future. In this piece Tom Bohills, Head of Legal at Red Deer and fintech consultant, gives his view on the state of the market and how fintech lawyers, both in-house and private practice, can help. He finds that businesses that can weather the storm will face an environment that is ripe for disruption and open minded about technology-driven change.