Interchecks Raises $50 Million Series C for Instant Payments Platform

Interchecks, an instant payments platform, closed a $50 million Series C round on Jun 15, 2026. Bettor Capital, Commerce Ventures, Decades Holdings, and Thayer Street Partners co-led the raise. Alongside the funding, the company launched Account Funding Transactions, a product that lets businesses fund eligible accounts in real time using debit card rails.

AFT includes built-in risk controls such as account verification, duplicate card detection, and customizable velocity limits. The product joins Interchecks' existing Pay-by-Bank solution on a single RESTful API, covering both deposits and withdrawals. Interchecks has processed more than $50 billion in transactions over its 10-year history and has been profitable since 2023.

The company is PCI Level 1 and SOC 2 Type 2 certified, working with Visa and Mastercard.