Escrow.com and BitsForDigits partner to secure online acquisitions
The partnership will enable Escrow payments for owners and acquirers of online businesses transacting through BitsForDigits
SAN FRANCISCO, California - June 20, 2023
Escrow.com, the leading provider of secure online payments, today announced a partnership with BitsForDigits, an online platform where the whole startup acquisition process from discovery to transaction of businesses happens in a safe and easy way.
The partnership will offer a licensed and secure Escrow service, safeguarding both parties involved in an online business acquisition deal. Users of BitsforDigits will have the opportunity to buy and sell businesses confidence, as funds will be held and released only upon mutual satisfaction with the purchase.
Headquartered in San Francisco, California, Escrow.com provides online escrow services that facilitate and accelerate e-commerce by assuring a secure settlement. Escrow.com has safely processed over US$6 billion in transactions for more than 2m+ customers with its secure online escrow service. “Escrow is an important part of any merger and acquisition. With the online business acquisition space continually growing, Escrow.com is uniquely positioned to help buyers and sellers transact safely and securely online. Partnering with BitsForDigits will offer users peace of mind and security when selling or acquiring an online business or startup,” said Matt Barrie, Chief Executive of Escrow.com.
Founded by Laurits Just and Jan-Philipp Peters, BitsForDigits is a platform where successful internet business owners can offer full or partial acquisition offers of $100K-$50M.
The marketplace aims to make acquiring and selling ownership of internet startups easy, safe and fast. Whilst startup owners need to list annual revenues to ensure they are above the $100+ requirement, the rest of the profile remains anonymous.
Another benefit for founders is that the platform is 100% free with no hidden fees with account verification, as the main focus is to help start conversations that lead to win-win deals.
"Partnering with Escrow.com allows BitsForDigits to offer its users secure payment rails for asset purchases and business transactions. This has been the missing puzzle piece for making buying and selling startups easy and safe for both sides of the platform," said Laurits Just, Co-Founder at BitsForDigits.
Winner of the BBB Torch Award for Ethics for Silicon Valley, San Francisco and the BayArea, Escrow.com is the world’s largest online escrow provider. Founded in 1999 by Fidelity National Financial, today over US$6 billion in transactions have been secured from over 2 million customers. The company is now a division of Freelancer Limited (ASX:FLN, OTCQX: FLNCF). Escrow.com’s headquarter is in San Francisco, California, the United States.
BitsForDigits is an up-market acquisition platform for $100K+ revenue startups. Our global marketplace makes it free and anonymous for business owners to attract full and partial acquisition offers directly. No listing fees. 100% anonymity.