FUNDING
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FUNDING$50M
Instant-Payments Startup Interchecks Raises $50M Series C
Interchecks, a Brooklyn-based instant-payments platform, raised a $50 million Series C led by Bettor Capital with Commerce Ventures, Decades Holdings and Thayer Street Partners. The company, which says it has processed more than $50 billion in payouts to date, is riding demand for faster, programmable disbursements across insurance, gaming and the gig economy.
FUNDING
Interchecks Raises $50M to Scale Its Payments API for Deposits and Payouts
FUNDING$50M
Interchecks Raises $50M to Scale Its Payments API for Deposits and Payouts
Interchecks raised $50 million from Bettor Capital, Commerce Ventures, and others to expand its payments API for handling deposits and disbursements. As embedded finance matures, the infrastructure that moves money in and out of platforms keeps attracting serious capital.