Legal Issues Roundtable
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Tyler Griffin, Co-Founder & Managing Partner, Restive Ventures (Moderator)
Tyler is a Co-Founder and a Manager Partner of Restive Ventures. Tyler has spent the last decade thinking about how to make money work better. He co-founded Prism Money, a consumer-focused bill payment product that allowed for instant and free payments to over 15,000 banks and billers, in 2012. Now owned by BillGo, Prism is America’s largest real-time payment network. Following Prism’s sale, Tyler became entrepreneur-in-residence for the Financial Solutions Lab, a partnership between JPMorgan Chase and CFSI. In this role, he mentored 16 companies focused on fintech solutions to improve Americans’ financial health. Prior to starting Prism, Tyler worked in the Mergers & Acquisitions group at JPMorgan’s and Citigroup’s Investment Banking offices in New York City. He also worked at a middle-market private equity fund and served on multiple boards of directors. Tyler received his BA from Northwestern University in 2005 and holds a commercial pilot certificate.
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Molly Swartz, Partner, Global Fintech & Payments, Paul Hastings
Molly Swartz is a partner of the Global Fintech & Payments practice at Paul Hastings. She is based in the firm’s San Francisco office. In her practice, Ms. Swartz represents and advises financial technology companies, internet marketplaces, and commercial and consumer lenders, regarding a broad spectrum of transactional, regulatory and general corporate matters. Ms. Swartz has experience with consumer protection laws, as well as the Truth-in-Lending Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Bank Secrecy Act, state money transmission and licensed lending laws, gift card laws, payment network rules, and other state and federal statutes related to money movement. Her representative experience includes: Advising public and private companies regarding state financial services licenses, including money transmission, lending, loan brokering, servicing and debt collection licensing regimes. Advising clients regarding regulatory and strategic decisions regarding product development, including potential opportunities and constraints. Drafting and negotiating payment processing agreements between merchants, payment intermediaries (e.g., processors, payment facilitators, third-party senders), and banks. Drafting user-facing collateral, including user agreements and authorizations, and product flows to minimize regulatory and consumer protection risk. Drafting and negotiating program management agreements to support “challenger banks” and bank loan origination partnerships.
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Graeme Waller, Partner, Sidley
Graeme provides strategic counseling to emerging and high-growth companies at all stages of the life cycle, from formation to IPO and acquisition. Graeme has extensive experience representing companies in venture capital financings, joint ventures, and mergers and acquisitions, and regularly advises companies on general corporate and governance matters, including employment law, equity compensation, and intellectual property law. Graeme also regularly represents venture capital funds, corporate venture capital arms of Fortune 100 companies, and other strategic investors. Prior to joining Sidley, Graeme was an associate in the Chicago office of a leading New York law firm focusing on M&A and other corporate transactions.