As real-time payments become a core expectation across fintech, digital banking, and embedded finance, infrastructure providers are increasingly expanding beyond payouts to support both sides of money movement. Interchecksโ latest funding round and product launch reflect this broader evolution toward full-stack payment orchestration platforms.
U.S. payments infrastructure provider Interchecks has raised $50 million in Series C funding while launching a new Account Funding Transactions (AFT) product designed to enable real-time account funding through debit card rails.
The round was led by Bettor Capital, Commerce Ventures, Decades Holdings, and Thayer Street Partners, bringing Interchecksโ total funding since its founding in 2016 to approximately $68 million.
The funding comes as demand for instant payments, embedded finance, and real-time money movement infrastructure continues to grow across fintech, banking, digital assets, and online commerce.
Interchecks expands beyond payouts
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Alongside the funding announcement, Interchecks officially launched its Account Funding Transactions product into general availability.
The new infrastructure allows businesses to fund eligible accounts using debit card credentials, expanding the companyโs capabilities beyond its traditional instant payout services.
Historically, Interchecks focused on helping businesses move money to users through real-time disbursements. The addition of AFT functionality enables customers to support inbound funding flows as well, creating a more comprehensive money movement platform.
The company says the solution is designed for use cases including:
- Account-to-account transfers
- Neobank funding
- Digital brokerage deposits
- Crypto wallet funding
- Embedded finance applications
By supporting both deposits and payouts through a single API, Interchecks aims to simplify how financial platforms manage the movement of funds across multiple payment rails.
Growing demand for real-time payments
As consumers increasingly expect immediate access to funds, fintech platforms are seeking infrastructure that can support faster and more flexible payment experiences.
Interchecks currently connects customers to multiple instant payment networks, including Pay-by-Bank and Push-to-Card rails, while providing integrated compliance, fraud monitoring, and transaction routing capabilities.
The company says its new funding infrastructure includes built-in safeguards such as account verification, duplicate card detection, transaction limits, compliance screening, and real-time fraud monitoring.
These controls are designed to help businesses balance speed, security, and regulatory requirements as transaction volumes continue to increase.
Funding supports next phase of growth
Interchecks says the new capital will be used to further develop its platform, expand its team, and accelerate investment in payment infrastructure technology.
According to the company, it has delivered triple-digit net revenue growth year-over-year for the past seven years and has been profitable since 2023.
Since launch, the platform has processed more than $50 billion in transaction volume, supporting banks, fintech companies, sportsbooks, digital asset platforms, and embedded finance providers.
As real-time funding and instant settlement become increasingly important across financial services, Interchecks is positioning itself as a key infrastructure provider powering modern money movement.
About Interchecks
Interchecks is a payments infrastructure company providing real-time funding, payouts, compliance, fraud prevention, and money movement solutions through a unified API platform.
