Escrow.com announced today that it hit one million registered users and that it is moving its headquarters to San Francisco.
“This follows exceptional financial performance by the payments business since being acquired by ASX-listed Freelancer.com in 2015. Gross payment volume in 2015 for Escrow.com exceeded US$430 million, growing at almost double the five-year compound annual growth rate (CAGR), with total payment volume to date reaching US$2.9 billion.”
“Founded in 1999 by Fidelity National Financial Inc., a Fortune 500 Company, with original investment from Softbank, The Chase Manhattan Group, Pacific Century Cyberworks (PCCW), VerticalNet, Inc., Micro General Corporation & Madison Securities, Escrow.com has grown to the the world’s largest online escrow company.
“San Francisco is the logical best location for the headquarters for Escrow.com, being closest to partners, as well as allowing for further expansion in customer support, payments and major account management”, said Matt Barrie, Chief Executive for the Freelancer Limited Group
Source
“This follows exceptional financial performance by the payments business since being acquired by ASX-listed Freelancer.com in 2015. Gross payment volume in 2015 for Escrow.com exceeded US$430 million, growing at almost double the five-year compound annual growth rate (CAGR), with total payment volume to date reaching US$2.9 billion.”
“Founded in 1999 by Fidelity National Financial Inc., a Fortune 500 Company, with original investment from Softbank, The Chase Manhattan Group, Pacific Century Cyberworks (PCCW), VerticalNet, Inc., Micro General Corporation & Madison Securities, Escrow.com has grown to the the world’s largest online escrow company.
“San Francisco is the logical best location for the headquarters for Escrow.com, being closest to partners, as well as allowing for further expansion in customer support, payments and major account management”, said Matt Barrie, Chief Executive for the Freelancer Limited Group
Source
