CounselX P.C.
Fintech & Regulated Tech Counsel
Commercial contract advice for fintech businesses and technology providers working with banks, healthcare organizations, and other regulated customers.
Umar Farooq leads every matter.
Get in touchWho 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.
When to get advice
Seek advice before signing a partnership term sheet, accepting a regulated customer’s requirements, or agreeing to exclusivity or suspension rights.
How CounselX can help
- Bank–fintech and platform partnership agreements: commercial roles, program oversight, approval rights, and change procedures
- Payment-service, technology vendor, and customer agreements, with responsibilities matched to the business model
- Vendor diligence readiness: organizing corporate, IP, contractual, and privacy materials for partner review
- Customer relationships, permitted data uses, IP licenses, confidentiality, and security obligations
- Exclusivity, fees and expenses, service levels, indemnities, and liability allocation
- Suspension, termination, business continuity, and transition assistance for customers and data
- Healthtech and edtech vendor agreements, with healthcare and children’s-data specialist issues coordinated separately
Working together
A partnership agreement or partner-review preparation can be handled as a Project. Recurring contract work may fit Outside General Counsel. Regulatory reviews, licensing, and technical assessments are separate.
Relevant experience
Related transaction experience includes the sale of a payments and subscription-billing SaaS business and a healthcare technology acquisition followed by a Series A financing. This is commercial transaction experience, not regulatory licensing work.
Client matters are described without identifying details. Prior results do not guarantee a similar outcome.
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.