Shieldpay

Shieldpay is the payments partner for the legal sector

General Information
Industries
Finance, Financial Services +1
Funding Stage
Series A
Product Stage
Growth Mode
Business Model
B2b
Company Overview
Founded
2016
Employees
99
Location
London, United Kingdom
Website
Shieldpay - Company Details
Shieldpay is a United Kingdom-based B2B payments startup, offering a cloud-based digital escrow and disbursement solution specifically designed for high-value, time-sensitive transactions with a contingent element. The company aims to streamline and secure payments in various sectors such as M&A, class action lawsuits, real estate, marketplaces, rental deposits, trust services, and supply chain transactions. One of the key factors setting Shieldpay apart is its regulatory compliance and authorization, being supervised by the Financial Conduct Authority and HMRC. The startup has garnered recognition in the form of awards, including the Banking Tech Awards' Best Digital Solution Provider – PayTech 2023, highlighting its innovative approach and industry impact. Moreover, its latest funding round, a $34.00M Series A investment in December 2021, underscores the confidence of a prominent group of investors including Techstars, CreditEase, Elliot Capital, Mastercard, MBU Capital, and Marqeta. The accolades and financial backing indicate the market confidence in Shieldpay's potential and its ability to address the shortcomings of traditional payment providers in the B2B space. As the company continues to expand its reach and offerings, it is well-positioned to be a significant player in the realm of secure and efficient high-value B2B payments, ultimately fulfilling its mission to deliver trusted solutions that resonate with both businesses and professionals.