Interchecks

Interchecks

Disbursement platform for business payments

Overview

Interchecks is a fintech platform that consolidates disbursements from businesses to individuals, supporting instant payments, direct deposits, eChecks, and physical checks. It provides a RESTful API for easy integration, white-label portals for customization, and 1099 tax compliance tools to simplify paying contractors. Transactions run on a centralized disbursement network with real-time fraud detection powered by algorithms and AI. Its goal is to offer a secure, scalable payment infrastructure that reduces back-office costs and speeds up payments for both businesses and recipients.

About Interchecks

Simplify's Rating
Why Interchecks is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Fintech

Cybersecurity

Financial Services

Company Size

51-200

Company Stage

Series C

Total Funding

$66.4M

Headquarters

Delray Beach, Florida

Founded

2016

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Simplify's Take

What believers are saying

  • June 2026 AFT launch expands Interchecks into real-time account funding.
  • Interchecks says it processed $50B+ transactions and supports 12,000+ institutions.
  • The team is about 55 employees, leaving room for scale after fresh capital.

What critics are saying

  • Betting and gaming exposure ties revenue to regulated verticals and state-by-state approval cycles.
  • Visa, Mastercard, and sponsor-bank dependencies create immediate shutdown risk if compliance slips.
  • Stripe, Adyen, and Fiserv bundle disbursements and compress Interchecks' margins fast.

What makes Interchecks unique

  • June 15, 2026 Series C financed Interchecks' single-API deposits-and-payouts stack.
  • Interchecks combines Pay-by-Bank, RTP, ACH, checks, Venmo, and debit-card funding.
  • PCI Level 1 and SOC 2 Type 2 certifications support regulated payments buyers.

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Funding

Total Funding

$66.3M

Below

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Interchecks
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Holidays

Company Equity

Performance Bonus

Wellness Program

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-3%
The SaaS News
Jun 16th, 2026
Interchecks raises $50M Series C.

Interchecks raises $50M Series C. Interchecks raises $50M in a Series C round led by Bettor Capital, Commerce Ventures, Decades Holdings, and Thayer Street Partners to scale its platform. Updated June 15, 2026 Interchecks, a New York-based instant payments platform serving sportsbooks, fintechs, and financial institutions, has secured $50 million in a Series C funding round. The company provides a comprehensive platform for money movement and recently launched Account Funding Transactions to further support its clients. Investors. The funding round was co-led by Bettor Capital, Commerce Ventures, Decades Holdings, and Thayer Street Partners. Interchecks use of funds. Interchecks plans to use the new capital to scale its team and accelerate the development of its payment technology infrastructure, particularly following the launch of its new Account Funding Transactions product. About Interchecks. Founded a decade ago, Interchecks is led by Co-Founder and CEO Dylan Massey. The company provides an instant payments platform designed to help businesses move money faster and more securely through a single RESTful API, supporting a wide range of deposit and withdrawal use cases. Funding details. Company: Interchecks Raised: $50M Round: Series C Funding Date: June 15, 2026 Lead Investor: Bettor Capital, Commerce Ventures, Decades Holdings, Thayer Street Partners Company Website: www.interchecks.com Software Category: Fintech Source: https://www.morningstar.com/news/pr-newswire/20260615ny82768/interchecks-secures-50m-series-c-to-expand-instant-payments-infrastructure-launches-account-funding-transactions Updated June 15, 2026

WEEX
Jun 15th, 2026
Digital payment platform Interchecks completes $50 million Series C financing, led by Bettor Capital.

Digital payment platform Interchecks completes $50 million Series C financing, led by Bettor Capital. By: rootdata | 2026/06/15 20:42:01 According to PR Newswire, the digital payment platform Interchecks announced the completion of a $50 million Series C financing round, led by Bettor Capital, with participation from Commerce Ventures, Decades Holdings, and Thayer Street Partners. The company primarily serves account transfers, digital banking (neobank), brokerage platforms, and cryptocurrency wallet deposit scenarios, allowing businesses to make real-time deposits to compliant accounts using debit card vouchers, and achieving fast and secure fund flows through an integrated risk control system. It currently maintains partnerships with global payment networks such as Visa and Mastercard. Reallink price. -15.64% Past 30 days Reallink is currently trading at 0.06203 USD. Over the past 30 days, Reallink has fallen -15.64%. Learn more about Reallink.

AInvest Fintech Inc.
Jun 15th, 2026
Interchecks raises $50M Series C to expand instant payment infrastructure and compliance solutions

Interchecks, a payment platform for consumers and businesses, has raised $50 million in Series C funding, bringing its total capital raised to $66.3 million since founding in 2016. The round was led by Senator Investment Group and Standard Investments, with participation from Commerce Ventures, Nuvei and Shift4 Ventures. The company will use the funds to expand its instant payment infrastructure, including support for Visa Direct, RTP and stablecoins, whilst enhancing compliance solutions. Interchecks also plans to significantly increase its 50-person workforce. Founded in 2016, Interchecks reached $2.3 million in annual recurring revenue in 2023. The company has established partnerships with Mastercard and TerraPay to expand digital wallet usage in the fintech and online gaming sectors.

Business Wire
Jan 27th, 2022
Interchecks Announces $16M Series B Financing, Co-led by Senator Investment Group and Standard Investments, to Accelerate Instant Payment Infrastructure

Interchecks, one of the fastest growing instant payment infrastructure and service providers, today announced a $16M Series B fundraise. The funding r

Business Wire
Jan 27th, 2022
Interchecks Announces $16M Series B Financing, Co-led by Senator Investment Group and Standard Investments, to Accelerate Instant Payment Infrastructure

Interchecks, one of the fastest growing instant payment infrastructure and service providers, today announced a $16M Series B fundraise. The funding r

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