Global law firm brings extensive expertise in fintech, digital payments, and financial services regulation to support the evolving fintech ecosystem

Palo Alto, CA (May 28, 2026) – The American Fintech Council (AFC), the largest industry association representing both responsible fintech companies and innovative banks, announced the addition of Cooley as the newest member of its Legal Advisory Committee. Cooley, a global law firm recognized for its work with innovative and disruptive technology companies, brings deep experience in financial services enforcement and regulation to support AFC’s advocacy for clear and pragmatic policymaking in the complex legal and regulatory landscape of the fintech sector.

“As the fintech industry continues to redefine the boundaries of financial services, the need for sophisticated and informed legal counsel has never been more critical,” said Phil Goldfeder, CEO of the American Fintech Council. “Cooley’s storied history of advising some of the world’s most innovative companies makes them a vital addition to our Legal Advisory Committee. Their team’s deep understanding of fintech services and regulatory agencies will be invaluable as we advocate for a modern regulatory framework that fosters competition and protects consumers.”

Cooley’s financial services enforcement and regulatory practice provides holistic support to industry participants at every point in the business life cycle, from regulatory compliance and product counseling to examination, enforcement, and litigation. The firm has an extensive track record of representing clients before major financial regulatory and enforcement agencies, including the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). Their multidisciplinary approach covers core fintech functions such as money transmission, peer-to-peer lending, digital assets, and bank-fintech partnerships.

A standards-based organization, the American Fintech Council (AFC) is the largest and most diverse trade association representing financial technology (fintech) companies and innovative banks. On behalf of over 150 member companies and partners, AFC promotes a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

About Cooley LLP
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation.
Cooley has nearly 1,400 lawyers across 19 offices in the United States, Asia and Europe, and a total workforce of more than 3,000 people.

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