FinTech Legal - Nigeria
What the team is known for
Udo Udoma & Belo-Osagie is a leading law firm with a strong presence in Nigeria. Its team has strong expertise in regulatory matters. Its lawyers regularly handle matters relating to mobile lending, cryptocurrency and data privacy matters. The firm often acts for large, international payments processors, card issuing companies and cryptocurrency businesses.
Strengths
"Their advice is always clear and easy to understand."
"They have a good understanding of the legal framework and produce high-quality advice that the client is always satisfied with."
"They know the products and the market. They also have excellent relationships within the ecosystem. These assets reflect in the quality of advice they provide their clients with."
Work highlights
Udo Udoma & Belo-Osagie advised Binance on the launch of its cryptocurrency product Cashlink in Nigeria. Cashlink acts as an escrow agent for peer-to-peer transactions where fiat currency is exchanged for cryptocurrencies.
Notable practitioners
Yinka Edu is head of the firm's capital markets and FinTech team. She advises clients on a wide range of complex issues involving mobile lending, cryptocurrencies and crowdfunding. Edu often advises blue-chip FinTech businesses and also acts for startup companies. "Yinka is a top-notch professional." "Yinka is very knowledgeable and is a pleasure to work with. She has a strong practice and provides exemplary advice."
Folake Elias Adebowale is a partner in UUBO's private equity and corporate advisory practice. She is well versed in handling local and international acquisitions, divestments and restructuring mandates. She has additional experience in counselling startups, especially in relation to the use of blockchain technology. "Folake is outstandingly good at her job, she provides very high-quality advice, and understands the issues and needs of international investors very well."
Joseph Eimunjeze handles transactional matters including FinTech investment transactions. He also assists with regulatory licensing applications and cryptocurrency matters. "I have found Joseph's advice on our products and operations to be insightful, practical and reflective of both regulatory awareness and commercial acumen. He knows our business and competitors, and understands the peculiar nature of the industry." "Joseph provides great advice and is very knowledgeable. He is a pleasure to work with and clients are always happy with the finished product."