Shieldpay Ltd secures £1.6m for professional services payment platform

An FCA-authorised payments platform developed by Shieldpay Ltd provides escrow, paying-agent, and managed-account services. These tools allow legal and professional firms to verify, hold, and disburse client funds securely. Based in Altrincham, the business focuses specifically on the financial services market.

A recent funding round has seen the firm raise an estimated £1.6m, bringing its estimated post-money valuation to £18.3m. This investment contributes to a total of £2.3m raised throughout the 2026 calendar year, following £3.4m secured during the previous year.

Incorporated in 2016, the company was established to address specific security challenges associated with high-value fund transfers. According to accounts for the year ended 31/03/2025, it operated with a small team of three employees. Documentation for this latest share allotment was formally filed in May (with an original allotment date in March of the same year).