Checkbook Inc.
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Checkbook Inc. - overview
Established
2015
Location
San Mateo, CA, US
Primary Industry
Financial Services
About
Based in California, US, and founded in 2015, by CEO PJ Gupta, Checkbook Inc. , aka Checkbook, offers a digital payment system platform that focuses on sending/disbursing payments that reduce paper checks and ensure security by providing a choice of settlement rails. In November 2021, Checkbook Inc. raised USD 10 million in a Series A funding led by MassMutual Ventures, Cross River Digital Ventures, IA Capital Group, and JPMorgan Chase.
The company provides payment and invoice solutions, such as ACH payments, mailed checks, printed checks, instant pay virtual cards, and real-time payments to businesses by sending money directly to the recipient’s bank or sending them a virtual card that allows users to make money with every transaction. The payment can be sent online without requiring the recipient’s ACH information. Checkbook also offers multi-party payment, a payfac marketplace, integrations solutions to companies as well as company offers customized subscription plans for enterprises. The company generates revenue from the subscription to its software package, which costs USD 499 per month.
Current Investors
IA Capital Group, JP Morgan Asset Management, MassMutual Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting Services, Accounting/Finance Software
Website
www.checkbook.io
Verticals
FinTech, FinTech
Company Stage
Series A
Total Amount Raised
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