The fully customisable PPaaS platform provides services for any payments business, including acquirers, payment facilitators, payment gateways, independent sales organisations and others.

Shape’s PPaaS’ modular architecture allows its licensees to select any combination of its products, which, when operated together, provides the infrastructure for an end-to-end service from transaction instigation to fund settlement. The platform includes automation throughout merchant onboarding, global AML/KYC/KYB verification, fund orchestration, reporting and billing.

In addition, the platform addresses manual backend processes.

Shape Technologies’ co-founder Jack Mangnall, commented: “We’ve seen so many payments businesses stall under the burden of heavy technology builds and so lose ground on their competition, and now Shape’s solution can put an end to that.

“Be it for a new-to-market launch or the re-platforming of an existing market player, Shape offers an out-of-the-box PPaaS solution, but with truly in-depth customisation capabilities that replicate the style variances normally only found in in-house builds”, Mangnall added. “I’m excited to see how organisations around the world will put our payments-platform-as-a-service to great use.”

Shape enters the market with six modules:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Onboarding;
  • Verify;
  • Data;
  • Payments;
  • Analytics;
  • Billing.

Each module represents a key business process of PSPs. As Shape continues to scale, it intends to add additional functionality to its offering, creating partnerships with additional third-party providers to enhance its library of pre-integrated services available to its licensees.