FinTech Legal
FinTech Guide 2024 : Turkey
Band 3
About
Provided by Solak & Partners
Solak & Partners Law Firm is a new generation law firm adapting to dynamics of the changing and developing digital age. Solak & Partners is working with Turkey's leading technology developers, software providers and innovators, and institutions investing and growing these businesses.
Giving legal consultancy on IT and fintech projects requires a multi-disciplinary approach to the projects with expertise in many areas of law such as capital markets, corporate, data protection, intellectual and industrial property law. Solak & Partners' knowledge on this complex area is based on the firm's experience in technology and financial sector, and in this context, expertise in these law areas.
The firm works with leading local and global FinTech companies of different sizes which creates unmatched practical experience and transactional depth, with areas including:
- Blockchain and cryptocurrencies: Cryptocurrency exchanges, Token offerings and blockchain projects, First layer protocols and technology providers, Venture financing and M&A, DeFi protocols and Web3.0, CBDCs
- Peer-to-peer and online lending
- Crowdfunding
- Mobile payments and banking infrastructure technology
- Online platforms and payments
- Digital banking and Banking as a Service
- Institutional treasury and risk management
- Online wallets
- Insurance technologies
We provide services on:
- Agreements and contracts
- Regulatory compliance
- M&A
- Dispute Resolution
- Corporate
- Joint Ventures and Partnerships
- Competition
- Data Protection
- Employment
Chambers Review
Solak & Partners' team assists clients with a range of FinTech matters, from regulatory advice for banks to matters relating to blockchain and cryptocurrency exchanges.
Work Highlights
- Solak & Partners advised Cenoa, a digital wallet provider, on the launch of its digital wallet, as well as its partnering relationships, client agreements, KYC/AML procedures and regulatory framework for digital wallets and decentralised finance systems.
Strengths
Provided by Chambers
"Solak & Partners lawyers have a wide and deep knowledge base. The team has well-known and popular subject matter experts."
"The Solak & Partners team are very experienced and knowledgeable. They are experts in complex and sophisticated matters especially related to commercial law and contractual relationships. They also understand the commercial aspect of our business, and that understanding makes a great difference."
"They are made to create easy solutions for difficult multi-jurisdictional problems. I specifically recommend them for sophisticated matters."
"Solak & Partners lawyers have a wide and deep knowledge base. The team has well-known and popular subject matter experts."
"The Solak & Partners team are very experienced and knowledgeable. They are experts in complex and sophisticated matters especially related to commercial law and contractual relationships. They also understand the commercial aspect of our business, and that understanding makes a great difference."
"They are made to create easy solutions for difficult multi-jurisdictional problems. I specifically recommend them for sophisticated matters."
Notable Practitioners
Elçin Karatay is a managing partner at Solak & Partners and heads the technology practice. Karatay is particularly well regarded for her legal knowledge, client service skills and commercial awareness, and has expertise in blockchain, cryptocurrencies and payment.
"Elçin is great. I will always recommend Elçin to any FinTech firm without any doubt. She has extensive knowledge and experience, always gives commercially beneficial advice and is very easy to work with. She is able to solve any challenge with elegance and creativity."
"Elçin is a great lawyer - very knowledgeable about the sector and always straight to the point with clients."
Ranked Individuals at
Solak & Partners
Turkey
Members
Provided by Solak & Partners
Ahmet Demirtaş
Barış Cantürk
Başak Aygün
Elçin Karatay
Head of Department
Ergin Begüm
Ertuğrul Aksoy
Mutlucan Solak
Öykü Erdil
Industries
Provided by Solak & Partners
Blockchain and cryptocurrencies
Commercial Disputes, Arbitration and Dispute Resolution
Competition
Compliance & Regulation
Construction and Engineering
Data Protection and Privacy
Digital banking and Banking as a Service
Energy
Franchising and Distribution
Immigration and Working Permits
Information Technology
Insurance
Intellectual and Industrial Property
Labor
Mobile payments and banking infrastructure technology
Online platforms and payments
Online wallets
Private Equity
Project Finance
Real Estate
Telecommunication
Transportation
Venture Capital