Troutman Pepper

Firm Overview:
Troutman Pepper represents more than 700 financial services industry clients, with 200 attorneys representing more than 80% of the 15 largest banks in the U.S. and scores of community banks. Not only does it advise traditional lenders, but it has many clients falling within other categories, such as marketplace lenders, specialty finance, credit card and prepaid card issuers, mortgage lenders and servicers, payment processors and facilitators, and financial technology companies.

Corporate Securities & Financing:
The firm represents payments companies and other fintech companies in connection with formation, licensing and regulatory issues, contract drafting and review, M&A, joint venture, and capital raising transactions, and advises on related corporate, securities, tax, and employee benefit matters. Its experience representing a broad cross-section of parties informs extensive knowledge of all transaction perspectives and positions it to complete transactions in an efficient and practical manner.

Payments and Financial Technology:
The firm represents payment processors, mobile payments companies, prepaid card issuers and providers, consumer reporting agencies, banks, consumer and commercial marketplace lenders, money transmitters and other money services businesses, payroll processors, and health care administrators. It handles the full spectrum of payments and other fintech issues and agreements that play a role in the payments and other industries impacted by financial technology, from development, service, software, and outsourcing agreements to bank sponsorship and back-end processing agreements.

Blockchain Technology and Digital Assets: 
The firm represents blockchain companies and the banks and financial technology companies that work with them in connection with all manner of corporate, contractual and regulatory matters concerning digital assets and cryptocurrencies. It has the technical experience to help clients navigate the business and legal issues involving blockchain technology and other variants of peer-to-peer distributed ledger technology, such as smart contract platforms.

Online Lending:
Clients in all segments of online lending—platforms, investors, service providers, and banks, from fintech start-ups to mature businesses to institutional and non-institutional regional and global investors—call on us to identify and find creative approaches to address their legal issues. The firm helps launch commercial and consumer platforms, works with broker-dealers, advises large and small investment advisers and service providers, serves as general counsel to private online investment funds, and advises publicly traded non-U.S. funds dedicated to investing in online and marketplace loans in the U.S. and globally.

Consumer Financial Services:
Troutman Pepper handles issues involving consumer finance laws, including bank and non-bank consumer lending, credit reporting, background screening, fair housing, debt collection, credit repair, auto finance, mortgage lending and servicing, online lending, and payment processing. It also counsels on establishing new consumer lending businesses and new product development, with emphasis on residential mortgage lending and online lending platforms and products.

Intellectual Property:
The firm helps financial technology companies focus on intellectual property development, protection, and risk avoidance. It advises boards and management regarding policies and procedures, patent prosecution and protection, trademark protection, brand management, trade secret protection and related security practices, employment agreements, competitive intelligence and third-party intellectual property risk avoidance.

Data Protection and Cybersecurity:
The firm applies a deep understanding of technology, the law and its practical implications to help clients protect and manage the privacy and security of their data. Clients depend on the firm for assistance with a full range of cybersecurity, information governance, and privacy matters, from the creation of data privacy and cybersecurity policies through major investigations and litigation.