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ARTICLE · 26 FEBRUARY 2020

Why You Badly Need A Legal Opinion When Launching Your Startup

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A foreign blockchain-powered and crypto-based startup contacted us recently. The startup founders had developed an app that could disrupt the global remittance market.

United StatesTechnology
Infusion Lawyers
Infusion Lawyers

A foreign blockchain-powered and crypto-based startup contacted us recently. The startup founders had developed an app that could disrupt the global remittance market. It was so sure of the ability of its product to achieve this. But something was unclear. The US-based startup was unsure of the legal and regulatory environment in Nigeria. It badly needed our legal opinion on FinTech regulation in Nigeria, particularly in relation to their app. In a few days’ time, they got the legal opinion they needed. The road was clearer—much more clearer. Quickly, the startup returned to the lab to redesign some features of the app so it does not end up being tied in a regulatory knot after launch. 

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