EscrowLock Tech Company from Nigeria Among Winners of $100m Facebook Grant
By Mbonu Watson
From a small town, Nnaka Anambra state, Nigeria. EscrowLock among winners of $100m, Facebook Grant
Big congrats to them, From all of Us AfriNOTES Africa Multipurpose portal for All Africans, this is a win to tech and startup firms in Africa and A Very Big Thank You To Facebook
EscrowLock is among the leading escrow company in Nigeria, EscrowLock was reported to have been among winners that won a $100 million Facebook grant for a global business grant from Facebook Incorporated as a way of supporting Business around the world during this global pandemic
The Nigeria EscrowLock is offering nationwide service to Nigerians and as a local escrow platform base in Nnaka Anambra State is a trusted third party that receives money in buyers to seller transaction payments to sellers on products or services delivery
Yes, they normally receive payment from the buyer (client) and held the money until the product vendor (seller) delivers the product or service, then the money will be released to the intended seller, this is done as a save heaven for all buyers around the country Nigeria.
Their technology serves as a middleman service that helps to protect both buyers and sellers from online fraud, thereby boosting eCommerce and all forms of online business activities in Africa Nigeria
Nigeria is a country heavily affected by a lack of trust from both buyers and sellers though to how the country has previously been rated a fraudulent nation. EscrowLock is building a strong bridge among buyers and seller, change the negative narrative about Nigeria, and boosting the online business activities as well
This development is indeed a big win to Nigeria tech a Big congrats to EscrowLock, According to the Director of EscrowLock, Mr. Elochukwu Eze, the information was contained in a statement issued by Facebook and made available to the EscrowLock office in Agbiligba Nanka, Anambra State. West Africa Nigeria
In his word: he said EscrowLock Marketplaces engages over 1,000 Nigerians as affiliates and today we have won $100 Million in Facebook grants, this will help us to serve our audience, customers, and network better and we are saying Thank You Facebook
Also, A Senior Executive of the firm, Mr. Deji Akinbode, revealed that the firm will by next month begin to accept applications from Nigerians who are interested in working as online affiliates for its marketplace.
And we are also planning on offering grants to small businesses in Nigeria, this will serve as our way of giving back to society.
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