EXPERIENCE

Stuart’s experience includes advising:

• FTMO on the acquisition of OANDA Global Corporation, the online trading group
• Worldpay with respect to potential acquisition of Ravelin Technology Ltd, a developer of anti-fraud solutions for online businesses
• Hidden Road Partners CIV NL B.V. (the Netherlands entity of Hidden Road), the global credit network for institutions, on obtaining a MiCA license by the Dutch Authority for the Financial Markets
• Sixth Street Growth on its investment in a €285 million funding round for SumUp, a leading global financial services company
• Abu Dhabi Global Markets (ADGM), an Abu Dhabi-based regulator, on a new Foundations Regulatory Regime to facilitate the issuance of blockchain tokens
• FIS and Worldpay on the regulatory aspects of GTCR’s acquisition of a majority stake in Worldpay, a leading global provider of payment processing solutions, from FIS
• Coinbase on its acquisition of One River Digital, a digital asset manager
• Shift4 Payments on its acquisition of Online Payments Group (dba SecurionPay), a Switzerland-based online payments service provider
• Madison Dearborn Partners on its US$1.8 billion acquisition of MoneyGram, a provider of money transfer services
• The Rise Fund, an investing platform of TPG, on its US$200 million investment in Airtel Mobile Commerce, a Netherlands-based mobile money business and wholly owned subsidiary of Airtel Africa
• Paysafe, a London-based payments platform, on its US$9 billion business combination with Foley Trasimene Acquisition Corp. II, a special purpose acquisition company
• TA Associates on its £1.78 billion investment in Söderberg & Partners, a Sweden-based provider of wealth management and corporate pension and insurance services
• Shift4 Payments on its US$575 million acquisition of Credorax (dba Finaro), an Israel-based software financial technology company
• Permira Growth Opportunities in its participation in the GoCardless US$312 million Series G
• The investors on FreeTrade’s US$50 million Series B financing
• The underwriters on Argo Blockchain’s US$128 million Initial Public Offering on the London Stock Exchange (LSE) and Nasdaq
• Citi on its US$20.5 million sale of Proxymity, a London-based provider of end-to-end digital investor communications platform services, to a consortium of investors
• Elwood Technologies on its £70 million Series A+ financing led by Dawn Capital and Goldman Sachs
• Digital Moneybox on its US$40 million Series D financing
• Advised Euler XYZ on its US32 million Token Investment Round
• The financial advisers in Wise’s £8 billion Direct Listing on the London Stock Exchange
• Todd Boehly and Clearlake Capital consortium on its £4.25 billion acquisition of Chelsea Football Club
• Shift4 Payments on its US$396.75 million IPO on NYSE
• Morgan Stanley and J.P. Morgan as underwriters on the €946 million Initial Public Offering of Adyen on the Euronext Amsterdam
• Cipher Mining Technologies, a Bitcoin mining operation created by Bitfury, on its US$2 billion business combination with Good Works Acquisition Corp., a special purpose acquisition company
• Airbnb in connection to its initial public offering
• Goldman Sachs on the build of its first UK Retail Investment Platform – Marcus Invest
• Silver Lake Partners on an equity investment in Klarna, a Sweden-based provider of payments and shopping service
• Square in the acquisition of Verse, a Spanish P2P payments app that allows customers to send and receive payments from friends and family instantly, safely, and free of charge
• The Central Bank of Egypt on the formulation of a new banking law / regulatory regime
• A number of central banks and governments on drafting substantial financial services, market infrastructure, payments, and fintech legislation
• A broad range of global investment banks, market infrastructure providers, and technology companies on structuring innovative and efficient technology platforms and/or products, including through the use of blockchain technology, covering areas such as clearing and settlement, netting, and the tokenisation and digitisation of products
• A national payment system operator on its establishment of a new retail payment system
• A number of global technology, payments, and media companies on regulatory implications of launching stablecoins
• eToro on the structuring and launch of eToro Digital Assets, an innovative platform for the tokenisation of assets
• Nivaura on structuring its regulated custody and issuance platform for the tokenisation of equity, a deal which was highly commended by the FT Innovative Lawyers Awards
• The World Economic Forum on its blockchain initiatives as part of its Centre for the Fourth Industrial Revolution