Leading independent business law firm, Hall & Wilcox, has entered a corporate partnership with Asia’s leading independent fintech innovation hub, Stone & Chalk.
The partnership aligns with Hall & Wilcox’s Smarter Law strategy and the firm’s strong focus on financial services and insurance and its aim to be a firm of choice to the start-up community.
Stone & Chalk is a not-for-profit organisation designed to be a truly independent supporter for fintech startups who are dedicated to rapidly scale and commercialise. After just twenty-four month of operations, Stone & Chalk now houses over 350 entrepreneurs working in over 110 startups that have already collectively raised over AU$211 million in funding, and creating over 500 jobs.
Other corporate partners of Stone & Chalk include NAB, ANZ, Optus, IAG, Suncorp and Westpac.
Sumith Perera, Hall & Wilcox COO, said there is a strong alignment between Stone & Chalk and Hall & Wilcox’s Smarter Law strategy.
“Stone & Chalk has really helped drive and become the centre of gravity for fintech in Australia. With its leading fintech start-ups, innovation marketplace and corporate innovation programs, Stone & Chalk is the ideal partner for Hall & Wilcox.”
Alex Scandurra, Chief Executive Officer of Stone & Chalk, said he welcomed Hall & Wilcox’s enthusiasm and willingness to make a difference. “We’re always looking to align with those who show genuine commitment to start-ups, and think Hall & Wilcox have the right approach and cultural fit to support the Stone & Chalk community.”
Hall & Wilcox will be part of Stone & Chalk’s Insurtech Program 2018, an acceleration program designed to encourage start-up developed technology for the insurance industry.
Hall & Wilcox has also committed to start-ups more broadly via its frank service offering, which supports entrepreneurs with frank advice, resources and connections. Mr Perera said frank takes start-up legal service to a new level, via a dedicated team, flexible pricing and resourcing, a focus on partnerships, and the firm’s smarter law approach.