Shieldpay

Shieldpay is the payments platform for the legal and professional services industry

General Information
Industries
Finance, Financial Services +1
Funding Stage
Series A
Product Stage
Growth Mode
Business Model
B2b
Company Overview
Founded
2017
Employees
83
Location
London, United Kingdom
Website
Shieldpay - Company Details
Shieldpay, founded in 2017, is a payments platform catering specifically to the legal and professional services industry. The company's mission is to provide technology-optimized solutions that streamline processes, reduce risks, ensure transparency, and enhance security. With its Verify, Hold, and Disburse capabilities, Shieldpay can handle transactions of significant value, volume, and international scope, thereby simplifying complex legal payments. Notably, Shieldpay is authorized and regulated by the Financial Conduct Authority and registered and supervised by HMRC as a Trust Services Provider, ensuring compliance with industry regulations. The company has garnered recognition, including the Banking Tech Awards' Best Digital Solution Provider – PayTech 2023 and BusinessCloud Top 50 Most Innovative Fintechs in the UK 2023. In December 2021, Shieldpay secured a significant $34.00M Series A investment from notable investors including Techstars, CreditEase, Mastercard, MBU Capital, Elliott Investment Management, and Marqeta. These developments position Shieldpay as a key player in the fintech space, particularly within the legal and professional services sector.