“Can a tech-forward escrow and verified payments platform become the standard legal payments infrastructure for law firms and professional services handling complex, high-value multi-party transactions?”
Founded in 2016 as part of fintech group SPG, Shieldpay set out to modernise the traditional escrow and secure payments process for parties who don't know each other. The platform grew from consumer/marketplace escrow into a dedicated legal payments infrastructure business, serving UK law firms with KYC/AML-verified payment workflows for M&A transactions, litigation settlements, and complex multi-party distributions. By 2021 the group had also launched Paycast targeting e-commerce and marketplace verticals. Shieldpay now positions itself as the UK's leading legal payments platform, having processed £18bn+ for 40+ of the UK's top 100 law firms, with cross-border paying agent capability across 86+ jurisdictions.