New Delhi, February 27th, 2020: Digital payments platform Escrowffrr has won the TECHNOVITI 2020 award for providing an innovative and user-friendly technology interface in the fintech and payments ecosystem. Initiated in 2014, Technoviti is an annual award that celebrates the best innovations from the financial and fintech sector. This year Technoviti received over 500 nominations and from the shortlisted 100 entries only a handful were eventually recognized for their path-breaking and innovative solutions.

Escrowffrr, owned and operated by Trustmore Technologies won this prestigious award for its innovative and unique platform that allows users to transact in a safe, secure and seamless manner using a digital escrow account. The award is yet another feather in Escrowffr’s cap as the company gets one more recognition for bringing about a revolution in India’s fintech ecosystem.

Receiving the award at the hands of Shri Satej D. Patil, Hon’ble Minister of State for Information Technology, Maharashtra, Escrowffrr’s Founder & CEO, Mr. Ashwin Chawwla said “We are honoured. This is indeed a great validation of our ongoing efforts to make payments smarter, faster and safer and of our vision to democratize the use and adoption of digital escrow thus taking the fear out of contingent based transactions”.

The awards jury comprised over 2 dozen marquee CXOs from the banking and financial services industry.

About Escrowffrr ( Escrowffrr is a unique, escrow focused, digital payments platform owned and operated by Trustmore Technologies (P) Limited. The platform is powered by leading banks like ICICI Bank and Axis Bank. Escrowffrr allows users to seamlessly set up and transact in a safe and secure manner using a convenient digital escrow account in minutes. The Company is currently focused on real estate and plans to grow the escrow business to other asset classes as well. 

With various achievements and accolades to its claim, Escrowffrr is an asset-light model with proprietary technology at its core. Currently, in Delhi NCR, Escrowffrr is fast expanding to other top cities in India.

With a focused B2B2C go to market strategy the Company plans to build its own network of Escrowffrr Trust Advisors/ Channel Partners which today stands at over 500. It also aims to integrate itself in the buyer decision journey by strategically aligning itself with search and discovery platforms and partners.