Digital escrow solutions for NBFCs and MSMEs will be offered by Escrowpay within the Eqaro ecosystem
Escrowpay, a digital escrow platform, and Eqaro Guarantees, a technology-led financial guarantees company, have collaborated to offer their respective solutions to clients.
Digital escrow solutions for NBFCs and MSMEs will be offered by Escrowpay within the Eqaro ecosystem, and the latter, to offer financial guarantees within the Escrowpay ecosystem, will offer its underwriting capabilities to MSMEs and emerging businesses.
“As we continue to help MSMEs efficiently manage their collections and payments, the complementary nature of financial guarantees from Eqaro will help them with access to new growth opportunities across a variety of business use cases,” said Subhrangshu Neogi, Executive Director and Co-founder, Escrowpay.
“The combined, bundled, and complementary nature of our offerings will help these businesses focus on their core areas of growth, optimisation of cash flows, and access to new avenues of growth capital,” Neogi added.
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