Accra: Sustineri Attorneys PRUC, a corporate law firm specializing in technology, fintech, and transactional law, has been named Fintech Law Firm of the Year at the Ghana Fintech Awards. The recognition underscored the firm's growing influence in the nation's financial technology sector and its role in shaping the legal landscape for emerging digital finance businesses.
According to Ghana News Agency, a statement issued in Accra indicated that the award came amidst rapid expansion of the fintech industry, marked by increasing regulatory complexities and a surge in digital financial solutions. The firm has emerged as a key player in providing legal and regulatory support to both fintech start-ups and established financial institutions navigating the evolving market.
Mr. Richard Nunekpeku, Managing Partner at Sustineri Attorneys PRUC, emphasized the firm's commitment to innovation and client-focused legal solutions. He stated, 'This recognition reflects our dedication to supporting Ghana's fintech ecosystem with strategic legal expertise. As digital finance continues to transform the economy, legal services must evolve to ensure compliance, risk mitigation, and sustainable growth for industry players.'
He noted significant regulatory developments in the domestic fintech sector, particularly with the enactment of the Payment Systems and Services Act, 2019 (Act 987) and the Bank of Ghana's digital finance guidelines. Sustineri Attorneys PRUC has been at the forefront of these changes, advising fintech firms on licensing, compliance, and risk management.
The firm's structured approach, known as START (Start-up Legal Toolkit, Transactions, Advisory, Regulatory Compliance, Training), has become a cornerstone for fintech clients seeking tailored legal solutions. Mr. Nunekpeku emphasized the importance of regulatory clarity for fintech growth, stating that their role is to help businesses anticipate legal challenges and implement frameworks that promote long-term stability.
The Managing Partner highlighted the need for stronger investor protections, data privacy regulations, and clearer guidelines on emerging technologies such as blockchain and artificial intelligence in financial services. Beyond regulatory compliance, Sustineri Attorneys PRUC has been instrumental in fostering collaboration between fintech firms and policymakers.
The firm's advisory services extend to structuring partnerships between start-ups and traditional financial institutions, ensuring that contractual frameworks align with both business objectives and legal standards. Mr. Nunekpeku, who also serves as Vice President for Legal and Strategy at the Ghana Fintech and Payments Association, has been a vocal advocate for industry-wide legal reforms.
He explained that the fintech sector requires a regulatory environment that balances innovation with consumer protection. Engagement with policymakers and financial institutions aims to create a framework that encourages responsible growth. The firm's recognition at the Ghana Fintech Awards adds to its growing reputation as a leader in fintech law.
Sustineri Attorneys PRUC's focus on fintech regulation, corporate governance, and dispute resolution has attracted a diverse client base, ranging from early-stage start-ups to multinational financial services providers operating in Ghana. The firm's leadership intends to expand its fintech practice further, particularly in areas such as digital asset regulation, cross-border fintech transactions, and compliance with international financial standards.
Mr. Nunekpeku emphasized the firm's objective to remain at the forefront of developments, ensuring that clients are well-positioned for both local and international growth as Ghana's fintech sector integrates more with global financial systems.
