Interchecks Raises $50 Million to Expand Instant Payments Infrastructure

Interchecks raised $50 million in a Series C funding round to expand its instant payments infrastructure that serves sportsbooks, FinTechs and financial institutions. The company will use the new funding to expand its platform that has processed more than $50 billion in transactions over its 10-year history, achieved triple-digit year-over-year revenue growth for the past seven years, and operated profitably since 2023, it said in a Monday (June 15) press release .