Fintech in Gibraltar

Hassans

Hassans has a 'leading fintech team in Gibraltar', assisting fintech, DLT and cryptocurrency businesses with licence applications, regulatory advice and token sales. The firm is also experienced in fund formation, primarily through Aaron Payas, and frequently advises on the establishment of funds looking to target the sector. The group is also able to draw on complementary expertise in tax, disputes and corporate issues. Vikram Nagrani and Anthony Provasoli jointly head the team.

Practice head(s):

Vikram Nagrani; Anthony Provasoli

Other key lawyers:

Aaron Payas

Testimonials

‘The team has built a good network in the space and is the leading fintech team in Gibraltar. It is well regarded at a local level, while also having the reach to attract international clients that wish to use Gibraltar as their base. ’

‘Partner Aaron Payas combines a good understanding of technological developments with first rate financial services regulatory knowledge. He has also built a wide network in the industry and is excellent on client relations.’

‘The breadth and depth of their knowledge. The variety of services they offer. The fact that they always are looking to add value to what they do for our company.’

‘Aaron Payas is our main Partner and besides all the comments above I would regard Aaron as a friend. The whole team are good at what they do.’

ISOLAS LLP

ISOLAS LLP has deep knowledge of the fintech environment', and has seen a surge in work over the last couple of years following the introduction of DLT licences in 2018; the group assists with most applications for such licences by international clients. Joey Garcia has played a key role in the development of the law in this area, having co-chaired the  Gibraltar government’s working group on blockchain, and advises clients in the sector on licence applications, strategic investments and compliance audits. Jonathan Garcia handles licensing and regulatory matters for e-money institutions and blockchain start-ups.

Practice head(s):

Joey Garcia

Other key lawyers:

Jonathan Garcia

Testimonials

‘Isolas has a very responsive team with a deep knowledge of the fintech environment.’

‘Excellent fintech and investment fund knowledge, particularly regarding digital assets. Team members are always reachable, always swift feedback on any queries.’

‘Partner Jonathan Garcia has excellent knowledge in all investment fund and corporate law related matters, in particular regarding digital assets. Very much like his pragmatic and solution-based approach, especially when it comes to exotic topics where there is no market standard practice or other guidance. He is always reachable and, apart from his capabilities as a lawyer, a really nice guy. Would always recommend him without any limitations.’

Key clients

Coinsilium

IOV Labs Limited (RSK)

Gnosis

Techfinancials INC

ZUBR Exchange Limited

The Badger Technology Company Limited

Fil Rouge Capital

Xapo

Work highlights

  • Advising Xapo group on its banking licence application as the first blockchain-based global business seeking to transition to the banking world and offering the cross over from the regulated virtual asset space to the traditional banking infrastructure.
  • Advising Coinsilium on a number of strategic investments, establishing of a Gibraltar subsidiary, and re-domiciliation of group entity to Gibraltar.
  • Advised RSK on the establishment of its Gibraltar operation.

Triay Lawyers

Triay Lawyers is heavily involved in all aspects of the fintech sector, and advises payment providers, e-money institutions, blockchain companies and global social media companies on the structuring of licensed entities as well as regulatory matters such as licence applications, passports, the establishment of branches and token sales. Joseph E Triay has longstanding experience in the sector, having represented the first bitcoin-related business looking to establish operations in Gibraltar. Jay Gomez assists with the formation of funds targeting the sector.

Practice head(s):

Javi Triay; Jay Gomez

Other key lawyers:

Joseph E Triay