Escrowpay secures Series A funding of over $6M, India's first investment digital escrow company
Goverment Scheme
Leading digital escrow platform EscroPay has been granted the first digital escrow regulatory fintech authorization from IFSCAI, GIFT City, marking a major milestone in its commitment towards compliance and innovation in digital payments. The Digital Escrow Regulatory Authority is a testament to EscrowPay's dedication to providing secure and efficient financial solutions to the 70 million SMEs in India. The authority will position Escrowpay as a responsible and trusted player with regulatory oversight in the fintech sector. It provides digital escrow services to 3,000+ customers, including MSMEs, unicorns, listed enterprises and emerging digital-first businesses across India, and has processed transactions worth over Rs 15,000 crore.
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