Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

Escrow-as-a-service: This startup safely parks your money and facilitates transparent transactions

Castler is a startup that offers escrow as a service, making transactions safer and more secure. The company was founded with the aim of providing a platform that would enable buyers and sellers to transact with confidence, without the fear of fraud or scams.

The platform works by acting as a trusted third party between the buyer and seller. When a transaction is initiated, the buyer sends the payment to Castler, which holds the funds until the seller has delivered the goods or services as agreed. Once the buyer has confirmed that they have received what they paid for, Castler releases the funds to the seller.

One of the key benefits of using Castler is that it provides a layer of protection for both buyers and sellers. Buyers can be confident that they will receive what they paid for, while sellers can be sure that they will receive payment once they have fulfilled their end of the bargain.

Castler also offers a range of additional features to make transactions even more secure. For example, the platform uses advanced fraud detection technology to identify and prevent fraudulent transactions. It also provides dispute resolution services in the event that a transaction does not go as planned.

Overall, Castler is a valuable tool for anyone looking to transact online safely and securely. With its easy-to-use platform and comprehensive range of features, it is quickly becoming a popular choice for buyers and sellers alike.