Stablecoin infrastructure startup Checker has secured $8 million across pre-seed and seed funding rounds from prominent crypto and fintech investors, including Galaxy Ventures, Al Mada Ventures, Framework Ventures, Bitso, Airtm, DFS Lab, Onigiri Capital, SNZ Capital and Velocity. The company provides a single API that allows banks and regulated fintechs to access stablecoin liquidity, cross-border payments, treasury and credit without integrating multiple fragmented providers.
Checker's platform has already processed over $3 billion in total processing volume over the last 12 months, representing roughly 1% of annual global B2B stablecoin payments. Clients include Rail (recently acquired by Ripple), Braza Bank in Brazil, and Belo in Argentina, among 30 regulated financial institutions across the U.S., Europe, Latin America, Africa and Asia. The network supports 75 global currencies for foreign exchange, collections, payouts, virtual accounts and trading.
The new capital will be used to expand global payments coverage in markets like Brazil, Kenya, Hong Kong and the U.S., allowing institutions to bypass traditional correspondent banking. Checker also plans to build embedded borrowing and lending features and launch AI-powered agents for automated customer onboarding, compliance checks and real-time treasury management, reducing operational overhead for clients.
Investors highlight the network's ability to unify fragmented stablecoin markets. "Checker is building the connective tissue that brings market participants together into a unified platform," said Will Nuelle, General Partner at Galaxy Ventures. Omar Laalej of Al Mada Ventures added that the startup's orchestration layer "organizes fragmented stablecoin liquidity into a programmable, compliant network."
