Our new service model for startups and growth companies We have worked hard to create an online service model aimed to help startup and growth companies on their path to success. Lexia Growth is a website designed to provide useful and valuable information related to essential legal matters concerning entrepreneurship...
Blog & News
Finnish entertainment company HILLA Entertainment started collaboration with football giant LaLiga
HILLA Entertainment is in good company: the Finland based firm has started collaboration with LaLiga, one of the largest football leagues in the world. HILLA Entertainment’s event concept, Football Triathlon, is the first of its kind. The event combines traditional football with table football and virtual football, creating a unique sporting...
Virtual currency providers have to register with the Finnish FSA – several new requirements for the virtual currency industry
What? The Finnish Act on Virtual Currency Providers (572/2019) that entered into force on 1st of May 2019 imposes obligations on virtual currency providers, such as; registration with the Financial Supervisory Authoritycompliance with the Act on the Prevention of Money Laundering and Terrorist Financingto include the customer accounts to the...
EU Copyright Directive being prepared for national implementation
In March 2019 the European Parliament approved the long-awaited reform of the Copyright Directive, the primary aim of which is to bring copyright rules into the modern era. The EU Council of Ministers gave its final approval of the Directive at the end of April, so member countries now have...
Upgraded and Lexia to start collaboration – Finnish healthcare sector startups are thriving
Lexia and Upgraded, the Health Startup Association of Finland, have started collaboration. The goal of Upgraded is to build bridges between startups, organizations, the public sector and universities, and to ensure that health and wellbeing solutions have an established role in our society. Lexia’s mission is to enable this by offering...
Data protection impact assessment: what, why and when?
The Data Protection Impact Assessment (DPIA) is one of the new obligations related to the processing of personal data under the General Data Protection Regulation (GDPR). The DPIA is a type of self-assessment tool to manage risks related to the processing of personal data. The purpose is to identify and...
Loot boxes – gambling or a better gaming experience?
Loot boxes and the rewards system based on them, have recently sparked a broad dialogue in the gaming industry in Finland and around the world. The idea behind loot boxes is that a player can buy the opportunity to win bonus items for the game, items that are either purely...
Startup entrepreneur, did you remember the contracts?
Finnish startups are surprisingly weak at taking care of their contractual issues. Risks are not identified, and even the most important contracts are often not up to par. New online tools can help to make legally binding contracts and accelerate the negotiations. “If you are engaging in business, get a...