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Indian fintech startup Castler raises $1 million in funding

Castler, an India-based fintech startup has raised $1 million in its new funding round to support its product expansion plans. * The fund will be used to scale its local and cross-border escrow product portfolio, with an expectation to launch with 10 more banks. * Founded in 2021, Castler offers escrow solutions

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Indian fintech startup Castler raises $1 million in funding
Photo by PiggyBank / Unsplash

Castler, an India-based fintech startup has raised $1 million in its new funding round to support its product expansion plans.

  • The fund will be used to scale its local and cross-border escrow product portfolio, with an expectation to launch with 10 more banks.
  • Founded in 2021, Castler offers escrow solutions and its management for enterprises and banks.
  • It launched Castler SmartEscrow in 2021 as one of its digital escrow solutions to improve financial transactions security.  
  • Venture Catalysts, 9Unicorns, Faad Network, and LetsVenture invested in the round.  
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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