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Shieldpay
United Kingdom
01 Mar 2016 (9 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Shieldpay
Company Information
Get to know Shieldpay
Shieldpay is a market leader in digital payment solutions across the legal, financial and professional services industries. We offer a number of solutions including Third-Party Managed Accounts, Escrow, Paying Agent and integrated solutions – all utilising our unique settlement engine and easy-to-use platform. With Shieldpay, you can complete your transactions with confidence. Alongside streamlined and robust verification checks on all transacting parties, our digital platform enables businesses to operate efficiently and compliantly within increasingly pressured regulatory environments. Shieldpay’s solutions are used by clients of all sizes, from top 100 law firms and lenders to single partner firms and everything in between. Our APIs power transactions for other pioneering fintechs and legaltechs, equity management platforms and fundraising platforms. Awards Modern Law Combatting Fraud Award 2020 Tempo Top 50 startups to work for in London in 2021 and 2022 LegalEx Conveyancing Award 2019 Modern Law Innovation of the Year 2019 The ESTAS Conveyancer Award 2019 Innovate UK grant 2018 Barclays Entrepreneurship Award 2018 VISA PAY360 PayTech Innovation Award 2018 RegTech Spotlight Award for Financial Crime 2017 Mastercard Startpath participant 2018 Barclays Accelerator Techstars 2017 Shieldpay is fully authorised and regulated by the FCA for payment services and HMRC for trust services.
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