FinTech Legal
FinTech Guide 2025 : United Arab Emirates
Band 4
Email address
[email protected]Contact number
+971 56 244 6316Chambers Review
AX Law has a strong FinTech practice group across several Middle East offices, including Dubai. The team has a strong reputation for supporting start-ups and established FinTechs and financial institutions on a broad range of regulatory matters, technology transactions and data security.
Work Highlights
- AX Law has advised LikeCard LLC on the regulatory and contractual implications of a new business model that allows users to send and request money and vouchers via a customised digital keyboard.
Strengths
Provided by Chambers
"AX Law is extremely knowledgeable in the regulatory landscape in the Gulf and beyond. They also have a very strong understanding of data protection and requirements."
"AX Law has a diverse team with expertise across the board in FinTech. The firm is exceptional across various FinTech business models."
"AX Law has excellent experience in Dubai regulations. They also have good connections in the Dubai and Saudi markets. AX Law's team is very supportive."
"AX Law is extremely knowledgeable in the regulatory landscape in the Gulf and beyond. They also have a very strong understanding of data protection and requirements."
"AX Law has a diverse team with expertise across the board in FinTech. The firm is exceptional across various FinTech business models."
"AX Law has excellent experience in Dubai regulations. They also have good connections in the Dubai and Saudi markets. AX Law's team is very supportive."
Notable Practitioners
Karim Fawaz is a well-regarded corporate and commercial TMT lawyer. He advises on FinTech mandates in the UAE and the wider Middle East. He frequently acts for start-ups and innovative payments and e-money companies in the region.
"Karim Fawaz is extremely knowledgeable and capable. What sets him apart is his willingness to help, understand our needs, and provide value to us."
"Karim understands complex data matters and the importance of IP commercialisation, so we find him a great resource to work with."
"Karim is a hard worker and supportive individual; he has excellent experience in the Dubai and Saudi markets."
Ashleigh Bruce was promoted to partner at AX Law in October 2023. She is noted for her commerciality and her practical approach to FinTech transactions and investment matters.
"I can't say enough about Ashleigh Bruce's diligence: she's thoughtful, strategic, a great negotiator and able to take a lot of complex problems and get them down into commercial terms."
"Ashleigh Bruce is great in deal closure and investment negotiations."