Truzo becomes first and only FCA-approved digital escrow service


Truzo™ becomes first and only FCA-approved digital escrow service to focus on Africa

London, UK, Johannesburg, South Africa – 2nd March 2023: Truzo, the first African-focused FCA-approved digital escrow service, officially launches in the UK this week. An established and fast-growing player in South Africa, Truzo now makes transactions between the UK and South Africa safer and more reliable, providing both buyers and sellers of goods and services greater confidence and security.

Supported by the Department for International Trade’s Global Entrepreneur Programme, and having partnered with Currencycloud, Truzo’s easy-to-use web and app-based escrow platform is a one-stop shop for businesses of all sizes to assure the timely delivery of goods or services and on-time payments, the prevention of fraud, scam protection and a significant reduction in administration.

Primarily focusing on digital escrow, Truzo now also offers auxiliary features including multi-currency digital wallets, remittances as well as payments and receipts.

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