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|UK FinTech investment by City law firm set to help UK exporters|
|Wednesday, 30 November 2016|
Legal Powerhouse Addleshaw Goddard is to become the latest to join the UK’s Fintech revolution with up to half a million pounds worth of investment in the sector through their AG elevate programme.
As the UK’s Financial Technology sector continues to create global waves in the Banking industry, Addleshaw Goddard is looking to add young and exciting FinTech companies to their list of clients, having already represented TransferWise and Billhub. Amongst those looking to work closely with Addleshaw Goddard on their new programme is blossoming start-up PACE Invoice, a new Fintech platform designed to help exporters collect payments from overseas clients.
Addleshaw Goddard, who were recently named the ‘Most innovative Law Firm’ at the Financial Times innovative Lawyers awards, will be looking to work closely with up to sixteen select Fintech start-ups over a period of 12 months.
Helping its clients reduce payment delinquency rates by up to 70%, PACE Invoice has already attracted internationally renowned clients such as Hilton Worldwide.
“Addleshaw Goddard’s pioneering programme is a great next step for us as we look to capitalise on the momentum we have gained as part of StartupBootcamp’s Fintech accelerator. We are at a stage now where we are attracting multiple investors, and are hoping that AG elevate will help us access the legal nous we need secure the best investment for our company going forward. With this support we are well on track for full launch next month.” James Shattock, Founder and CEO of PACE Invoice.
The platform – which also helps companies reduce costly man hours and expenses usually associated with reconciliation administration – aims to help SME’s and legal companies who are looking to collect overseas payments.
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