In 2007 the first Payment Services Directive (2007/64/EC – “PSD I”) harmonized the regulation of payment services across the European Union. This had varying consequences for operators of e-commerce platforms depending on the member state they conducted their business in. Now, according to sources, PSD II shall enter into force...

After a record beating 2014, HSS Hire and thetrainline.com (both backed by Exponent) were looking like the first private equity UK IPO exits of 2015. But thetrainline.com’s announcement that it was preparing for an IPO put it in play and KKR was able to swoop in for one of the...

The Government has confirmed that the proposed new “people with significant control register” will be freely accessible online, and will be searchable by the name of the person with significant control (a “PSC”) as well as by company. The announcement was made in a discussion paper published by the Department...

23 April 2015 – Osborne Clarke has advised Funding Circle, the world’s leading online marketplace for business lending, on its $150 million (c.£100 million) in equity capital fundraising. Osborne Clarke’s team was led by VC Partner Rob Wood, assisted by Simon Jones and James Taylor. Omar Al-Nuaimi, OC’s Finance Partner...

The Osborne Clarke team that advised on the acquisition was led by corporate Partner David Ferris, who was assisted by Associate Director Jeremy Cavendish and Senior Associate Adam Love.

The investment is a high six figures sum and comes from High-Tech Gründerfonds and DocCheck Guano AG. The fresh capital will mainly be used to develop efficient distribution structures as well as extending the team. The Osborne Clarke team that advised on the financing and transaction related contract preparation was...

Finanzcheck has raised USD 33 million from HarbourVest, Acton Capital Partners and Highland Europe. The fresh capital will mainly be used to maintain the company’s growth as well as expanding its business model. The Osborne Clarke team that advised on the financing was led by Partner Nicolas Gabrysch who was...

Friendship Systems is an independent limited company with its seat in Potsdam. The company develops and licenses the software product CAESES, which is used to optimise hulls, ship propellers and turbo-machines. It is the successor to Friendship Systems GmbH, a spin-off of the Technical University of Berlin. At the end...