Interchecks Raises $50 Million to Scale Instant Payment Infrastructure

The new funding round, which also saw participation from Decades Holdings and Thayer Street Partners, arrives as the firm looks to deepen its technology stack and expand its workforce. The company’s new Account Funding Transactions (AFT) product addresses critical friction in digital finance by allowing businesses to process deposits via debit card rails. By integrating this into its existing RESTful API, Interchecks allows clients—ranging from sportsbooks to neobanks—to manage both pay-by-bank and debit card funding through a single connection.

Risk management remains central to the new offering, with embedded controls such as real-time duplicate card detection, account verification, and velocity limits. These features aim to mitigate chargeback exposure before funds are transferred. The company has demonstrated consistent financial health, reporting profitable operations since 2023 and over $50 billion in processed transactions over its decade-long history. With triple-digit revenue growth sustained for seven years, Interchecks continues to leverage partnerships with major networks like Visa to provide liquidity solutions for the fintech and gaming sectors.