Geoff Dunnett & Oliver Thornton Berry

Shieldpay/Thirdfort

Geoff Dunnett: Geoff is Real Estate Director of Shieldpay, a payment service provider that enables secure transactions and payments between consumers all over the world.

Shieldpay enables anyone to create an instant digital escrow facility with no set-up costs in less than 10sec. The platform protects both buyer and seller in any transaction by verifying the identity of both parties, securing the funds from the buyer and only allowing a release when both parties agree.

Oliver Thornton Berry: Olly’s background is financial services and software and he co-founded Thirdfort with Jack Bidgood after a friend was defrauded out of £25k whilst buying a flat in London in 2017. They have raised £670k of funding from a range of investors including Mishcon de Reya, Alex

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Smoother completions, safer money: the potential of third party managed accounts

A discussion of the potential benefits to clients and firms from a move away from client accounts to third party managed accounts (TPMS) or escrow. Pilot transactions using TPMA have shown that they can give certainty of completion day and time. The discussion will be chaired by Stephen Ward of the Council for Licensed Conveyancers.

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