Posted on - Last Modified on has taken into the fold. is the #1 provider of secure online payments and online transaction management with over US$2.2 billion in transactions to date. Headquartered in California, provides online escrow services that facilitate and accelerate eCommerce by assuring secure settlement. reduces the risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to buyer and seller instructions and will allow's 15 million users to transact even more securely. Chief Executive Matt Barrie said, “We are pleased to acquire, the world’s largest online escrow company. This highly complementary acquisition will enhance the ability of our 15 million users to transact securely, and there are large opportunities for growth and synergies with core offerings. Finally, it is a strong cornerstone for entering the payments space”. was founded in 1999 by Fidelity National Financial, a Fortune 500 Company and the largest provider of commercial and residential mortgage and diversified services. partners include eBay, GoDaddy,, and it is also a strategic partner of the U.S. Commercial Service (USCS) in support of President Obama’s National Export Initiative designed to significantly grow US export volume.

Posted 27 April, 2015

flJulls Staff

Content Manager,

I'm a professional wordsmith. I watch over content at I used to edit technology and fashion magazines in a past life. I'm a toy nerd, a lipstick fiend, a foodie, and a Magic: The Gathering noob. During my off-hours, I read books, listen to rock music, and document everything in pictures.

Next Article

How to Manage Your Online Reputation