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

Categories faq: Supply chain financing_UseCase

How does Castler Escrow work for supply chain financing?

When a supplier agrees to sell goods to a buyer on credit, the buyer can use Castler Escrow to hold the funds until the goods have been delivered and accepted. This protects both parties in the transaction, as the supplier is guaranteed payment and the buyer is sure to receive the goods they ordered.

What is Castler Escrow?

Castler Escrow is a secure platform that holds funds in trust until both parties involved in a transaction agree that the terms have been met. This can be used for a variety of purposes, including supply chain financing.