Interchecks Completes $50 Million Series C Funding, Launches Debit Card-Based Payment Product

According to PR Newswire, instant payment platform Interchecks completed a $50 million Series C funding round led by Bettor Capital, Commerce Ventures, Decades Holdings, and Thayer Street Partners. The company simultaneously launched Account Funding Transactions (AFT), a debit card-based product enabling real-time account funding for compliant users. AFT integrates account verification, duplicate card detection, and fraud monitoring capabilities. Combined with its existing Pay-by-Bank offering, both products are unified in a single API serving account transfers, neobanks, online brokerages, and crypto wallet funding. Interchecks has processed over $50 billion in cumulative transactions since inception and has been profitable since 2023.
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