Peter Janes Apr 22, 2021 10:00:00 AM

$1bil of payments processed and launch of Trust Services offering

A huge milestone for the group was reached this month as we have now processed over $1billion in transactions across Shieldpay and Paycast in our first three full years of trading.

Half of that has come in the last 4 months alone with 2021 looking like it’s our breakout year. Our services are now trusted by over 25% of the top 100 law firms in the UK including Cooley, Addleshaw Goddard, Macfarlanes and Shoosmiths.

We are also really pleased to announce that in response to the increased demand for our solutions in higher-value, cross-border transactions that we have launched our new Trust Services offering.

The offering of a fully digital solution for Trust Services is a big step in modernising the way corporate escrow and paying agent transactions are facilitated. The expansion in product offering means Shieldpay can:

  • Facilitate much larger and more complex transactions
  • Process cross-border transactions across 40+ jurisdictions
  • Provide corporate escrow and paying agent solutions in a wider range of jurisdictions for deals such as asset purchases, mergers and acquisitions, property transactions, litigation settlements and trusts for travel sectors such as airlines.

Download our Corporate Payments brochure

The new offering follows our customer-first approach, putting ease and efficiency at the core of everything we do. As with all solutions, Trust Services takes care of all customer due diligence and rapid onboarding requirements from multiple jurisdictions, allows for digital authorisations and provides real-time visibility of fund status and access to statements and audit trails.

Firms can now access the added services directly from Shieldpay’s award-winning digital platform.


For more information on Trust Services or Shieldpay
please email Nabila Kazi.

Peter Janes

CEO and Founder of SPG

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