Press Release: CloseSimple Launches Integrated Payments, Dramatically Reducing Fraud Risk in Real Estate Closings

Minneapolis, MN — Tuesday, November 11th, 2025 — CloseSimple, the leading platform combining Customer Experience and Fraud Prevention in the Title and Settlement industry, has announced the launch of a new, fully integrated Payments Functionality within its signature platform. This addition allows homebuyers to securely and easily pay earnest money deposits and cash to close via good funds directly through the CloseSimple portal, marking a significant step toward a secure, fully digital, and fraud-resistant closing process.

The closing process is highly vulnerable to wire fraud, where bad actors intercept communication to reroute funds. CloseSimple's new feature directly combats this. By embedding the payment process seamlessly within the title company's existing branded portal, it eliminates the need for relying on vulnerable emailed wire instructions or antiquated paper checks.

“For the past several years, we’ve been building the CloseSimple portal into the most trusted, highest–engagement experience in the industry, with customers regularly seeing 80–90% of eligible buyers actively interacting with their portal.” said Nate Niemi, CTO & Head of Product at CloseSimple. “By adding payments directly into that same secure, branded experience, we’re extending what already works. Instead of asking customers to jump to a new tool or trust a risky email, they can make their down payment in a place they know and trust. This is part of our long-term product strategy: eliminate fragmented workflows, reduce the surface area for fraud, and deliver a closing experience that is seamless for consumers and operationally superior for title companies.”

Key Benefits of the New Payments Functionality:

• Fraud Reduction: Brings earnest money and cash-to-close payments inside the authenticated CloseSimple portal, removing the need for wiring instructions or paper checks all together; two of the most common fraud entry points in real estate transactions.
• Consistent Customer Experience: Buyers complete payments within the same branded portal they already use for documents, e-signing, and updates, avoiding the confusion and security risk of moving between multiple systems or external links.
• Operational Speed & Certainty: Funds are transferred and confirmed more quickly, helping title and escrow teams reduce the potential for closing delays.
• Integrated Workflow Automation: Payment requests are automated directly to buyers, eliminating human error in requesting payments. Automated payment status updates make sure your team and customer is always informed.

About CloseSimple

CloseSimple powers the Customer Experience, Fraud Prevention, and Payments that title companies and real estate attorneys rely on every day. Its white-labeled platform integrates with leading title production systems to simplify communication, enhance security, and elevate every part of the closing process. CloseSimple interacts with over 80,000 unique transaction participants per month and has helped title companies manage millions of secure, branded transactions across the United States.