Secure Transactions in the Fintech Landscape

Escrowpay has gotten permission from a special group in India to hold onto digital money for people.

Escrow is like having a grown-up babysitter for your money or toys. This babysitter makes sure that everyone keeps their promises before giving out the money or toys.

Escrowpay makes it easier and safer to pay for things online. It helps you pay for things quickly and keeps your money safe.

From Startup to Secure Transactions

Escrowpay is a company in India that helps people and businesses pay for things online safely. They have helped a lot of customers and processed a lot of money, over $1.8 billion! They work with all kinds of companies, big and small, and help them with their online transactions.

A car-sharing company in Singapore has received $5 million from a company called ComfortDelGro.

Escrowpay started in 2015 and now they help people with transactions that are worth a lot of money, around US$36 million every day.

Building the Foundation of Trustworthy Payments

Ashwin Chawwla, who is the boss of Escrowpay, said that they now have permission from the government to do more things. This means they can offer their services to people in other countries and use different types of money.

Escrowpay has gotten permission from the government and has also raised a lot of money. They have received $4 million and now have over $6 million in total. They want to get a total of $15 million.

Escrowpay will use this money to help people from different countries buy and sell things with each other. They will also try to start working in a new country called the United Arab Emirates.