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Satispay

Mobile payment network bypassing card networks

Legal Counsel - Fintech, New Payments

Legal Counsel & Legal SupportConfirmed live in the last 24 hours
Full-timeLuxembourg

About the Job

Requirements

  • Be a qualified lawyer with a minimum of 5 years post-qualification experience.
  • Have deep knowledge of financial and consumer credit regulations, including PSD2, AML/KYC, electronic money regulations, and CCD2, and a demonstrable track record in fintech and payments.
  • Understand basic technology and engineering processes in fintech, payments, and consumer lending, and balance legal risks with commercial considerations.
  • Be fluent in written and spoken English.

Responsibilities

  • Provide legal guidance in fintech, particularly payments, e-money, and consumer credit products, on regulatory, contractual, and product-related matters to ensure compliance and mitigate risks.
  • Collaborate cross-functionally to design and launch products and services in payments and consumer credit, such as buy now, pay later, incorporating basic technical and engineering considerations into legal analysis.
  • Identify legal and regulatory risks and propose mitigation strategies aligned with the organisation's risk appetite.
  • Advise on relevant financial regulatory requirements, including PSD2, AML/KYC, e-money regulations, and CCD2, to ensure adherence.
  • Act as a trusted advisor to senior leadership, providing pragmatic legal guidance and fostering legal awareness across the organisation.

Desired Qualifications

  • Ideally have 8–10 years of professional legal experience.
  • Ideally have experience in both private practice and in-house settings.
  • Prior experience working with technical teams is a significant plus.
  • Knowledge of Italian or French is a plus.

About the Company

Satispay

Mobile payment network bypassing card networks

Satispay operates a mobile payments network that runs outside traditional card networks. It links a user’s bank account via IBAN to create a pre-funded virtual wallet for in-store, online, and peer-to-peer payments, using QR codes or online checkout to move funds directly from bank accounts to merchants or other users. Unlike card-based processors, it charges merchants a transaction fee and offers free services to consumers, aiming to reduce costs for small payments. The company seeks to make everyday payments cheaper and simpler while expanding across Europe with new services like digital vouchers and employee benefits.

Company size
501-1,000
Company stage
Late Stage VC
Total funding
$577.6M
Headquarters
Milan, Italy
Founded
2013

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