FinTech Legal
FinTech Guide 2025 : Turkey
Band 2
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 and is particularly well-regarded for it experience with cryptocurrency and blockchain related issues. They provide regulatory advice for banks and international technology players on matters relating to blockchain and cryptocurrency exchanges.
Work Highlights
- Solak & Partners advised Bybit, a leading player in cryptocurrency derivatives trading, on its partnership with Narkasa to facilitate its entry into the Turkish market.
Strengths
Provided by Chambers
"Solak & Partners provide excellent guidance and are diligent on project management. They bring strong communication skills and we never feel unimportant."
"Their solution-oriented approach and attention to detail in challenging situations have been a great asset to our company. Their constant desire to learn enables them to keep up with rapid changes."
"Solak & Partners are one of the best law firms that crypto companies can have in Turkey. Few others are as experienced as they are in this focus area."
"They are one of the foremost firms for the blockchain sector. They are effective on the new law on crypto regulations in Turkey and experts on EU provisions as well."
"Solak & Partners provide excellent guidance and are diligent on project management. They bring strong communication skills and we never feel unimportant."
"Their solution-oriented approach and attention to detail in challenging situations have been a great asset to our company. Their constant desire to learn enables them to keep up with rapid changes."
"Solak & Partners are one of the best law firms that crypto companies can have in Turkey. Few others are as experienced as they are in this focus area."
"They are one of the foremost firms for the blockchain sector. They are effective on the new law on crypto regulations in Turkey and experts on EU provisions as well."
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 payments.
"Elçin Karatay has deep knowledge about the crypto industry and processes."
"Elçin Karatay demonstrated a deep understanding of our needs and provided tailored solutions that exceeded our expectations."
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