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

How does an escrow service like Castler Escrow services improve the security of invoice discounting transactions?

Castler Escrow services hold funds or assets in a secure account until all the agreed-upon terms of the transaction are met. This mitigates the risks associated with invoice discounting by ensuring that both parties fulfill their obligations before funds are released.