BancBox Launches ?First' Automatic Escrow Service Aimed At Crowd Funding Platforms

Back in June last year BancBox, a payment services platform similar to Stripe, went further with a platform allowing developers to build a lot of different payment services. As cofounder Sanj Goyle claimed at the time: ?PayPal could be built on top of our platform." Now it has launched BancBox Crowd, which - as far as we can tell - is the first independent escrow service aimed at crowd funding portals which operate on equity, debt or revenue share models.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/sWFRmCYR6GU/

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