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Interchecks Announces $16M Series B Financing, Co-Led By Senator Investment Group And Standard Investments, To Accelerate Instant Payment Infrastructure

Jan 27, 2022•over 3 years ago

Amount Raised

$16 Million

Round Type

series b

Description

Interchecks, one of the fastest growing instant payment infrastructure and service providers, today announced a $16M Series B fundraise. The funding round was led by Senator Investment Group and Standard Investments, with participation from Bettor Capital, Commerce Ventures, Nuvei, and Shift4 Ventures. The funding will further Interchecks’ mission to power instant money-movement for fintech, online gaming, and digital asset ecosystem applications.

Company Information

Company

Interchecks

About

Founded in 2016, Interchecks Technologies, Inc. is a privately held payment startup with offices in Brooklyn, New York and Boca Raton, Florida. Interchecks’ goal is to simplify and enhance payments and 1099 compliance for organizations around the world. Their suite of on-demand payment options include instant deposit, direct deposit, digital check, paper check, and more. Trusted by banks, fintechs, enterprise and marketplace platforms, the service is available through a turnkey Payer Portal or a simple API integration that can be white-labeled and bundled into a Payer’s own user experience. For further information on Interchecks, please visit www.interchecks.com or LinkedIn @gointerchecks.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech