Checkbook is a fintech startup company founded in 2015, headquartered in the United States. The company's mission is to simplify payments through their innovative platform, providing a seamless and cost-effective solution for Accounts Payable and Receivable. With their slogan "Your payments simplified. Global Payments pushed for you through one API," Checkbook offers digital payments in lieu of traditional paper checks, providing a clear financial and operational advantage for businesses. Their last investment, a $10.00M Series A round in November 2021, saw participation from prominent investors including MassMutual Ventures, Cross River Bank, IA Capital Group, and JPMorgan Chase & Co.
Checkbook's digital payment technology allows for instant delivery, online deposit, and real-time tracking, providing a convenient and efficient alternative to traditional payment methods. The platform's seamless interface simplifies the payment process, enabling users to send digital payments in seconds. Integration with various accounting software such as Sage-Intacct, Quickbooks, and others enhances its appeal to businesses. Notably, Checkbook's onboarding process is user-friendly, enabling recipients to receive payments without the need for a Checkbook account, requiring only an email address or phone number.
This innovative approach is not only cost-effective but also upholds the convenience and efficiency necessary for modern businesses. Through their end-to-end digital payment solution, Checkbook aims to revolutionize the payment landscape, providing businesses with a streamlined and efficient alternative to traditional payment methods. With a strong investor backing and a compelling value proposition, Checkbook is well-positioned to make a significant impact in the financial services and fintech industries.