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.

Founded in 2016, Interchecks Technologies 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.