CounselX P.C.
Fintech & Regulated Tech
Commercial contract advice for fintech businesses and technology providers working with banks, healthcare organizations, and other regulated customers.
Umar Farooq leads every matter.
Nineteen years of practice. More than a thousand companies advised since 2012.
Get in touchOverview
Who is responsible when the partnership changes?
A bank or regulated customer will often ask for oversight rights, data restrictions, and detailed exit terms. Those provisions affect your operations, not just the contract. CounselX helps negotiate the commercial responsibilities and prepare the documents partners need to review. Banking licenses and product-specific regulatory advice require separate specialist counsel.
How we help
How CounselX can help
01
Bank–fintech partnerships
Commercial roles, program oversight, approval rights, and change procedures.
02
Payment and vendor agreements
Payment-service, technology vendor, and customer agreements matched to the business model.
03
Vendor diligence readiness
Corporate, IP, contractual, and privacy materials organized for partner review.
04
Data use and security terms
Permitted data uses, IP licenses, confidentiality, and security obligations.
05
Economics and risk allocation
Exclusivity, fees and expenses, service levels, indemnities, and liability allocation.
06
Suspension and exit terms
Suspension, termination, business continuity, and transition assistance for customers and data.
07
Healthtech and edtech vendors
Vendor agreements for healthtech and edtech businesses.
Licensing, product-specific regulatory advice, healthcare and children's-data specialist issues, and technical assessments are separate.
Working together
Working together
Project
A partnership agreement or partner-review preparation can be handled as a Project.
Get in touchOutside General Counsel
Recurring contract work may fit Outside General Counsel.
Explore ongoing counselRegulatory reviews, licensing, and technical assessments are separate.
Experience
Representative experience
Payments SaaS sale
Represented a payments and subscription-billing SaaS company in the sale of its business to a publicly traded company.
Healthtech acquisition and Series A
Represented a healthcare technology company in an asset acquisition and its subsequent Series A financing.
Regulated-customer contracts
Commercial agreements for fintech, healthtech, and edtech clients; commercial transaction experience, not regulatory licensing.
Client matters are described without identifying details. Prior results do not guarantee a similar outcome.
See representative mattersQuestions
Common questions
Can you help negotiate a bank–fintech partnership?
Yes, on commercial terms such as oversight, data use, exclusivity, fees, indemnities, suspension, and exit responsibilities. Specialist banking counsel handles product-specific regulatory requirements and lending structures.
Do you handle banking licenses or true-lender opinions?
No. Licensing, bank chartering, true-lender and interest-rate opinions, BSA/AML advice, and regulatory examinations or enforcement require specialist counsel. CounselX can coordinate the related contracts.
What does partner diligence preparation involve?
Organizing ownership records, IP documents, key agreements, and privacy and security commitments so you can answer a partner’s questions consistently. It is not an audit, security test, or compliance certification.
Why spend time on suspension and exit terms?
Losing a partner can interrupt service and access to data. The agreement should cover notice where appropriate, customer responsibilities, transition help, and existing business, subject to regulatory requirements.
Do you work with healthtech and edtech businesses?
Yes, on commercial and technology agreements. Healthcare, children’s data, education, and local-law questions may need separately engaged specialists. The advice depends on what the product does and the information it uses.