Clifford Chance advises Vanquis Banking Group on acquisition of fintech company Usnoop Limited

7 August 2023

Alanna Hunter, Emma Eaton, Cathal Lynam, Thomas Cowie, Florence Wong, Alistair Green, Sabrina Brecher, Don McCombie, Lauren Royers, Nicola Hemsley, , Sonia Gilbert, , Clare Hoxey, Rebecca Trapp, Caroline Dawson, Midori Takenaka
London

Clifford Chance advises Vanquis Banking Group on acquisition of fintech company Usnoop Limited

International law firm Clifford Chance has advised Vanquis Banking Group PLC on its acquisition of money-saving fintech Usnoop Limited (“Snoop”). The Snoop app uses AI and open banking data to help people save on household bills. The acquisition will support Vanquis Banking Group in its ambition to become the leading lender to underserved consumers.

The cross-practice Clifford Chance team was led by Corporate partner Alanna Hunter in London with support from senior associates Emma Eaton and Faeezah Tailor and associates Cathal Lynam and Thomas Cowie. Cross-practice support was provided by partner Alastair Woodland, senior associates Florence Wong and Alistair Green and associate Sabrina Brecher (Employment); partner Don McCombie and senior associate Lauren Royers (Intellectual Property); partner Nicola Hemsley and senior associate Eli Bursky (Tax); partner Sonia Gilbert, senior associate Katharine Wadia and associate Leon Kidd (Incentives); partner Clare Hoxey and senior associate Rebecca Trap (Pensions); partner Caroline Dawson (Financial Regulation) and senior associate Midori Takenaka (Tech/Digital).