Escrowpay
A payment platform offering transparent payment solution that mitigates the risk of fraud by verifying the identity of both parties, holding funds securely and only releasing funds when both sides agree they are happy with the transaction.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | $6.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 167 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Escrowpay is a pioneering digital payments platform in India that specializes in providing escrow services to ensure secure and efficient transactions. The platform caters to both individuals and businesses, offering a seamless user experience through its well-designed APIs and unmatched functionality. Operating in the fintech sector, Escrowpay focuses on enhancing trust and transparency in financial transactions, particularly in areas such as unlisted shares and other high-value deals.
The business model revolves around charging fees for its escrow services, which include verification of transacting parties through KYC (Know Your Customer) processes and ensuring transparent closure of transactions. Escrowpay collaborates with banks and financial institutions to co-create innovative solutions, aiming to disrupt and advance the fintech ecosystem.
Keywords: digital escrow, secure transactions, fintech, India, APIs, KYC verification, unlisted shares, seamless user experience, financial institutions, transparent closure.