JACKSONVILLE, Fla., April 05, 2022 (GLOBE NEWSWIRE) — LawFi, Inc., (“LawFi”), the Legal Fintech startup developing the first-of-its-kind legal expense funding platform enabling more inclusive access to legal services Legal and Credit, is pleased to announce that Mr. Faraz Rana, founding team member of Bread, a leading payments and lending company, has engaged as an advisor to help guide our team in full growth.
The loaf was sold in a successful $500 million exit to a financial institution in late 2020. As part of its six-year journey from inception to exit, in addition to running day-to-day business of the company as Chief Legal Officer, Faraz’s experience was extensive. , including: product work, banking partnerships, raising debt and equity capital, scaling internal operations, as well as building and managing corporate legal and compliance functions. banking quality. Prior to his start-up life, he advised buyers and sellers as a Private Equity/M&A lawyer at a major global law firm. Combined, he has 15 years of experience in operations, construction and consulting. He is a graduate of the University of Virginia and Cornell Law School.
Steven Highfill, Founder and CEO of LawFi, commented, “Faraz brings us the perfect combination of startup, fintech, POS digital payments and lending, compliance, product development and experience in the legal industry. Faraz is instrumental as our Fintech Advisor. He will help our team build the legal industry’s first platform and integrated payment and funding technology that provides real-time billing, real-time payments, and real-time funding for attorney fees and legal expenses.
About LawFi, Inc.
(“LawFi”) is a private, development-stage legal fintech company focused on developing the first-of-its-kind legal fee financing platform bringing financial inclusion to the legal system. LawFi reinvents and improves the experience of hiring lawyers and paying legal fees. LawFi will help solve the long-standing problem of access to justice. Our platform will generate the industry’s first direct and point-of-service loans, buy-it-now and pay-later options, and no-credit-check financing based on attorney fee income and legal fees.
For more information contact: [email protected] or inquire at 25 North Market Street, 1st Floor Jacksonville, Florida 32202
Copyright 2022 GlobeNewswire, Inc.