Financial technology law (FinTech)

About this practice area

The FinTech sector is developing at an impressive pace, and this development invariably implies that new legal challenges arise, and that changes need to be implemented in the way entities operate in the financial market. Our Law Firm offers a full spectrum of legal services in that area. We have been advising entities on the deployment and development of new technologies in financial services for many years.

We support Clients operating in sectors such as banking, payment services, credit unions, credit intermediation, and lending. We work both with entities only planning to start up a business in these sectors and with those that have been present on the market for many years. We also advise IT entities providing solutions for financial sector companies, including FinTech.

We have an unrivalled breadth of experience in FinTech law. In the course of our practice, we have handled complex projects across industries where legal solutions were placed at the point of convergence of the regulations of the entire financial market. The handling of such complicated projects that demand both expertise and experience has given us a reputation as trailblazers.

What we do?
  • We have a detailed knowledge of cloud computing, innovative TTP payments (AIS/PIS/CAF), blockchain, crowdfunding, banc assurance and other issues relevant to the financial technology industry. We never cease in our efforts to expand our expertise.
  • We are not afraid to implement unconventional solutions, even in international markets.
  • We can truly claim to understand the expectations and challenges in the financial sector; our expert practitioners contribute to the legislative process on behalf of various FinTech organizations.
  • We can boast several hundred successfully completed projects.
  • We offer a wide spectrum of comprehensive legal services.
Cooperation benefits

Companies operating in the FinTech sector need to keep up to date with issues such as artificial intelligence (AI), big data, blockchain, the Internet of Things, or cloud computing. From a legal point of view, these issues prove to be extremely problematic due to imprecise regulations or some areas not being regulated. Retaining the services of a law firm specializing in FinTech law seems to be the wisest choice.

What sets us apart is our unparalleled expertise in the area of financial technology law. We know the financial sector from the inside out. The remarkable experience and expertise of our professional team have been recognized in the prestigious law firm ranking Chambers Europe: Banking & Finance: Regulatory and The Legal 500. We have also been recommended in  FinTech Legal Poland. Financial technologies demand innovative, bold and often unconventional legal services.

This is exactly how we work with our Clients, and our approach brings measurable results.

Why choose us?
  • We have a detailed knowledge of cloud computing, innovative TTP payments (AIS/PIS/CAF), blockchain, crowdfunding, bancassurance and other issues relevant to the financial technology industry. We never cease in our efforts to expand our expertise.
  • We are not afraid to implement unconventional solutions, even in international markets.
  • We can truly claim to understand the expectations and challenges in the financial sector; our expert practitioners contribute to the legislative process on behalf of various FinTech organizations.
  • We can boast several hundred successfully completed projects.
  • We offer a wide spectrum of comprehensive legal services.

Advisers

Related articles

11 Jun 2025

FiDA Regulation and Financial Secrecy

RozporządThe Regulation of the European Parliament and of the Council on the framework for access to financial data and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010, (EU) 1095/2010 and (EU) 2022/2554 (FiDAR) will impose new obligations on financial institutions. These relate to the provision of data on certain types of customer contracts to financial information service providers (FISPs) or other financial institutions. At the same time, financial institutions remain obliged under national regulations to maintain secrecy in respect of a significant part of their activities.  

26 Mar 2025

The Legal 500 EMEA 202

This month, we have numerous reasons to celebrate! The Legal 500 EMEA 2025 rankings have been announced, and Traple Konarski Podrecki & Partners has once again been distinguished in five practice areas.

20 Mar 2025

Chambers Europe 2025

We are pleased to announce that Traple Konarski Podrecki & Partners has once again been honored in the prestigious ranking of the best law firms by Chambers and Partners Europe 2025. We have received a recommendation in three areas: Intellectual Property (Band 2), TMT (Band 1), and for the first time Banking & Finance: Regulatory (Band 2)!

08 Mar 2025

Legal developments in the debt trading market - implementation of the NPL Directive into the Polish legal system

On 19 February 2025, the Credit Servicers and Credit Purchasers Act came into force. The regulation is intended to encourage banks to get rid of exposures related to non-serviced loans from their balance sheets, i.e.:

22 Oct 2024

Impact of forthcoming legal changes on the performance of creditworthiness assessments using artificial intelligence

On 12 July 2024, the Act on Artificial Intelligence (AI Act) was published in the Official Journal of the European Union, as the first EU regulation in this field. Poland is also working on the national law implementing certain provisions of the AI Act and the act implementing the EU DORA regulation, which regulates the engagement of third-party technology providers, including AI-based solutions, by financial entities. In this context, it is important to note the forthcoming developments regarding artificial intelligence systems used for creditworthiness assessment, which are increasingly used by lenders.

08 Jul 2024

Work on the implementation of the Polish law transposing the Digital Operational Resilience Act (DORA) into Polish legislation

On 18 April, the Polish government officially commenced work on a law implementing the provisions of the Digital Operational Resilience Act (hereinafter “DORA”) into the national (polish) legal system. The new regulation is primarily intended to bring the existing legislation in line with the principles introduced by DORA. The so-called sectoral laws relating to individual branches of the financial market, such as payments, banking, or insurance, will be amended.

01 Feb 2024

Work on the AI Act. The financial sector's perspective on artificial intelligence regulations

At the end of 2023, European Union bodies concluded trilogue negotiations on the draft Artificial Intelligence Act (AI Act) . Representatives from the European Commission, the European Parliament and the Council reached an agreement on the AI Act, the aim of which is to ensure the protection of fundamental rights, democracy and the rule of law in relation to the use of AI solutions within the European Union, while boosting innovation and making Europe a leader in the field of AI.

13 Nov 2023

Oversight of lending institutions by the Financial Supervision Authority (KNF)

As of the new calendar year, lending institutions will be subject to Financial Supervision Authority (KNF) institutional oversight, and the respective legislative changes stem from the Anti-usury Act . On one hand, the Anti-usury Act imposes a range of new obligations on lending institutions, while on the other it gives the KNF tough oversight powers that extend far beyond the current power to keep a register of lending institutions and formally examine eligibility for registration. This article will focus on the major amendments to the Consumer Credit Act (UKK) that will soon affect or already affect the Polish lending sector, taking into consideration as well the recently adopted new EU Consumer Credit Directive (CCD2).

13 Sep 2023

An Act amending Certain Laws to ensure Growth of the Financial Market and Protect Investors on that Market (Warzywniak - the “general store” act)

29 August, 2023, saw the promulgation of the Act of 16 August 2023 amending Certain Laws to ensure Growth of the Financial Market and Protect Investors on that Market. This act, dubbed the Warzywniak – General Store act, amends several dozen legislative acts on issues such as the rules governing the functioning of the financial market, in particular Poland’s banking, payment, capital, and insurance markets. An amendment to the Banking Law of 29 August 1997 is particularly noteworthy. This makes changes to laws on outsourcing in the banking sector.

06 Jun 2023

New obligations for payment service providers under an amendment to the VAT Act

On May 18, 2023, the President signed into an act of 14 April, 2023, amending the VAT Act and certain other acts. Individual payment service providers involved in cross-border transactions will be subject to a reporting obligation as of 1 January, 2024. This will be an obligation to declare certain cross-border transactions to the Central Electronic System of Payment Information (CESOP), which is managed by the European Commission.

04 Mar 2023

Financial Information System Act - new regulations in the Polish financial sector

On 10 February, 2023, the Act of 1 December, 2022, on the Financial Information System (FIS) came into force. The Act implements three EU directives, including the directive known as 5AMLD.

27 Dec 2022

We have now helped three firms in “reauthorization” procedures on the basis of the limited network exclusion

This year, the FinTech team has already helped three firms to register with the Polish Financial Supervision Authority (KNF) as operators acting on the basis of the limited network exclusion.