Real-time payment platform Interchecks completes $50 million Series C financing
ChainCatcher reports, citing PR Newswire, that instant payment platform Interchecks has completed a $50 million Series C funding round. Investors include Bettor Capital, Commerce Ventures, Decades Holdings, and Thayer Street Partners.
The company has also launched an Account Funding Transactions (AFT) product based on debit cards, enabling real-time compliant account funding via debit card networks. The solution integrates risk control features such as account verification, real-time duplicate card detection, customizable limits, and suspicious activity monitoring. AFT is integrated with the previous Pay-by-Bank solution within a single API, targeting scenarios such as account-to-account transfers, neobanks, online brokers, and crypto wallet deposits.
Interchecks states that it has processed more than $50 billion in transactions over its ten-year history and has been profitable since 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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