4 years ago

trustshare Secures £2.3M to Combat Fraud in High-Value Online Purchases

  • London-based startup trustshare has raised £2.3 million in a seed funding round led by Nauta Capital

  • The company provides an escrow infrastructure platform to combat fraud and mistrust in high-value online purchases

  • The funding will be used to accelerate product development, hire talent, and open a US office.

      • ProblemTechnology

      "making online transactions more secure and trustworthy, especially for high-value purchases, by providing a layer of trust between buyers and sellers."

      Solution

      "trustshare offers a digital escrow platform that acts as a secure intermediary for online transactions. This platform allows buyers to pay into a dedicated account for each transaction, ensuring that funds are only released to the seller once the buyer is satisfied with the product or service."

      Covered on