What is CrossCheck?
Established in 1983, CrossCheck, Inc. is a recognized leader in the payment solutions industry, specializing in check verification, guarantee, and conversion services. The company processes billions in check-transaction dollars annually across the United States, aiding businesses in verticals such as automotive, auto aftermarket, building materials, home furnishings, specialty retail, and healthcare. CrossCheck's comprehensive suite of services includes advanced check conversion technology, web-based transaction processing, remote deposit capture, and specialized premium products designed to enhance profitability and mitigate risk for its diverse client base.
How much funding has CrossCheck raised?
CrossCheck has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in CrossCheck
PPP
Public-Private Partnership
What's next for CrossCheck?
The recent major strategic investment signals a pivotal moment for CrossCheck, likely indicating a phase of accelerated scaling and market expansion. This capital infusion is expected to fuel further development of its innovative payment technologies and potentially broaden its service offerings. The company's long-standing history and established market presence, combined with this new financial impetus, position CrossCheck for continued leadership and robust growth in the evolving payment processing industry.
See full CrossCheck company page