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

How can a business verify that its escrow agent is licensed and in good standing?

When a business decides to use an escrow service, it is important to ensure that the escrow agent is licensed and in good standing. This can be done by conducting research on the escrow agent’s credentials and reputation. One way to do this is to check with the relevant regulatory authorities to verify that the escrow agent is licensed and has not been subject to any disciplinary actions. Additionally, the business can check online reviews and ratings to get an idea of the escrow agent’s reputation and level of customer satisfaction. Another option is to use a trusted Digital Identifier system like Castler, which ensures that all escrow agents are licensed and in good standing. Castler uses advanced technology to verify the credentials of escrow agents and provides a secure platform for businesses to conduct transactions. By using a trusted escrow service, businesses can have peace of mind knowing that their funds are safe and secure.