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Fieldfisher has advised new Fintech client The Hub Exchange Ltd (THE HUB) on an equity investment from and technology partnership with the London Stock Exchange Group’s (LSEG) ELITE.
ELITE is LSEG’s full-service programme designed to help the most ambitious fast growing private companies prepare and structure for the next stage of expansion through access to networking, education and long term financing opportunities. Its private placement platform, ELITE Club Deal, is powered by THE HUB's white label technology , designed to connect leading investment networks both internally and with other trusted networks in a private, regulated environment.
The platform offers companies the opportunity to connect to professional investors (institutional investors, VCs, private equity firms and other professional investors) offering them a host of funding options.
The Fieldfisher corporate team, led by Tom Ward (Director, Corporate), advised THE HUB and its Founders on the terms of the strategic investment whilst John Brunning (Director, Technology) advised the company on its licensing arrangements with ELITE Club Deal for the technology platform. Mark Gearing, a partner in Fieldfisher's tax and incentives team, advised the Founders and management team on the company's share equity incentive plans.
Tom Ward commented "Technology startups continue to disrupt the financial services industry. THE HUB has the power to upend previous workflow and processes for growth capital investments which previously required human interaction to source, syndicate and execute investment offerings. This deal was a great example of how our corporate, tax, technology and regulatory teams can combine effectively to provide an excellent service for innovative fintech clients".