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

What is Escrow?

Escrow is a service that holds funds in vault until all parties involved in a transaction have agreed to the terms. In the case of lease rental discounting, Escrow is used to hold the tenant’s rent payments until the landlord has received payment from the discounting company.