SPG technologies
Latest round
- Series A
Last raised
- Dec 2021
Total raised
- $34M
Investors
- 5
About SPG technologies
Based in London, UK, and founded in 2016 by CEO Peter Janes, SPG technologies Ltd operates as a provider of digital payment and escrow solutions. Assets include Shieldpay and Paycast. The products developed by the company are Shieldpay and Paycast. Shieldpay provides digital payment platform solutions across the legal, financial and professional services industries. Shieldpay also helps to manage customer due diligence, payments, and transaction through the digital platform. Paycast is a secure disbursement engine that works alongside payment service providers to pay out to the platform's users and sellers. It offers features to onboard users, hold funds in escrow, and make payouts. SPG has processed over $3 billion dollars of payments for its clients and experienced a growth in business during the pandemic that saw revenues grow by over 360% in the last year. They also plan to use the funds to fuel Paycast in its early stage of growth and bring the payments platform to a consumer audience.
Who invested in SPG technologies
5 investors across 1 round
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Funding rounds
Series A
Dec 7, 2021
Amount
$34M
Investors
Questions about SPG technologies
Who invested in SPG technologies?
SPG technologies has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SPG technologies raised?
SPG technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SPG technologies last raise money?
SPG technologies's most recent round on record is a Series A, in Dec 2021.
What does SPG technologies do?
Based in London, UK, and founded in 2016 by CEO Peter Janes, SPG technologies Ltd operates as a provider of digital payment and escrow solutions.
Where is SPG technologies headquartered?
SPG technologies is headquartered in Cheshire, UK.
Which VCs invest in companies like SPG technologies?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at SPG technologies's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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