Checker Raises $8 Million to Expand Unified Stablecoin Infrastructure for Institutions
Checker has raised $8 million in funding from Galaxy Digital Holdings Ltd., Al Mada Ventures, and Framework Ventures, announced in a press release. The round also included participation from Bitso, Airtm, DFS Lab, Onigiri Capital, SNZ Capital, and Velocity, along with fintech operators from Stripe, Tala, and Flutterwave.
Checker provides financial institutions with a single API that connects to stablecoin and digital asset liquidity, cross-border payments, treasury, and credit services. The company's platform has processed $3 billion in transactions over the past year, serving clients such as Rail, Braza Bank, and Belo across 30 regulated institutions in multiple regions.
The funding will be used to expand Checker's global payments coverage and reduce reliance on traditional correspondent banking systems. The company also plans to build embedded borrowing and lending tools and launch AI-powered agents for treasury management, back-office operations, and predictive analytics.
Checker's network now supports 75 currencies, enabling institutions worldwide to access unified liquidity, payment rails, and fiat on and off ramps without integrating multiple providers.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like Finance AI Weekly, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from: Finance
More from: Funding
Subscribe to Finance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Whitepaper
Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions
This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.
Read more