Italian law firm Chiomenti has become the sole legal adviser to ItaliaFintech, an association of fintech companies operating across Italy and Europe.

The non-exclusive partnership means Chiomenti will offer free legal advice, which will include assessing the likely impact of legislative changes on the fintech sector.

Launched last year, ItaliaFintech represents 22 member companies with a total of almost one million clients in Europe, almost half of those in Italy.