United States · Financial services startup

Shield

Shield is a financial technology company that operates as a neobank, focusing on enabling global exporters and wholesalers to accept stablecoin payments, specifically USDT.

Funding reportedLast round: Seed

Financial servicesMiami, United States

About Shield

Shield is a financial technology company that operates as a neobank, focusing on enabling global exporters and wholesalers to accept stablecoin payments, specifically USDT.

The company facilitates same-day USD wire settlements, effectively bridging digital and traditional currencies for cross-border trade. Shield aims to provide a legal, insured, and bank-compliant solution for stablecoin transactions, addressing the challenges in banking infrastructure for international trade. The company offers a business payment account tailored for B2B clients, featuring multi-currency balances in USD and USDT, traditional banking integration with routing and account numbers, and various transfer methods including wire and ACH transfers. Shield also acts as a cryptocurrency payment processor, allowing clients to accept stablecoin payments and receive domestic wires on the same business day. With a strong focus on the US-LatAm corridor, Shield processes hundreds of millions of dollars annually, serving primarily global exporters and wholesalers, including those in the electronics sector.

What company datasets say Shield raised

Funding, as reported

Reported in all$5.0Min dollars
Rounds2
Last roundSeed
Last round size$5.0M
Last round dateMay 2023
Investors listed21

On 4 portfolio pages

Investors who name them

Each firm lists Shield on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

fast transactionscrypto payment complianceuser experienceblockchain anti-fraudconsumerscryptocurrency risk managementcryptocurrency transaction speedreservereal-time transaction processingblockchain risk managementdigital currency paymentsdistributiontransaction monitoringdigital asset tradingkycamlcryptocurrency fraud prevention

Built with from their website

Amazon SESChainalysis KYTGoogle WorkspaceCloudFlareLinkedIn AdsAmazon Simple Email ServiceHubspotOpenAIGoogle MeetCloudFlare CDN

+8 more

VercelWhatsAppLinkedin Marketing SolutionsEllipticCloudflare DNSAmazon AWSInstagramGoogle Search Console

Sector
Financial services
Industry code
NAICS 522320, 522110, SIC 6099, 6021, 6211
Region
Florida
Full record
Every detail in the company directory

Financial services in United States

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