Shieldpay published findings from an independent review by the SRA regarding client interest and client accounts.

Shieldpay is the payments platform for the legal and professional services industry, providing technology optimised solutions that reduce risk, provide transparency and enhance security, at pace. Whether engaged as an escrow or paying agent, or as their managed account provider, Shieldpay removes the need and reduces the burden of managing client money for legal professionals. Our Verify, Hold and Disburse capabilities can be scaled to different transactional needs, able to service payments of significant value, volume and international scope. Shieldpay takes on the complexity of legal payments, so legal teams don’t have to. Shieldpay Limited is authorised and regulated by the Financial Conduct Authority as a payment institution and Shieldpay Trustee Services Limited is registered and supervised by HMRC as a Trust Services Provider. We offer a compliant solution in line with SRA and CLC regulations. As part of our operation, we hold banking relationships with recognised financial institutions. Client funds and trust funds are safeguarded with authorised banks which maintain appropriate levels of prudential requirements. Awards Banking Tech Awards' Best Digital Solution Provider – PayTech 2023 BusinessCloud Top 50 Most Innovative Fintechs in the UK 2023 Tempo Top 50 startups to work for in London in 2021/2022/2023 Modern Law Combatting Fraud Award 2020 LegalEx Conveyancing Award 2019 Modern Law Innovation of the Year 2019 The ESTAS Conveyancer Award 2019 Barclays Entrepreneurship Award 2018 VISA PAY360 PayTech Innovation Award 2018 RegTech Spotlight Award for Financial Crime 2017

Founded 2017