Checker Raises $8M to Scale Single-API Stablecoin Network to $3B+ in Volume

New updates have been reported about Checker.

Checker, a New York–based network that connects financial institutions to stablecoin and digital asset liquidity through a single API, has secured $8 million in new funding led by Galaxy Ventures, Al Mada Ventures, and Framework Ventures, alongside several strategic financial investors across Latin America, Africa, and Asia. The capital follows a year in which Checker scaled its core stablecoin liquidity product from zero to $3 billion in total processing volume, serving institutional clients such as Rail, Braza Bank, and Belo and handling roughly 1% of annual global B2B stablecoin payments.

The company positions its API as an orchestration layer that consolidates fragmented stablecoin liquidity, fiat on- and off-ramps, and cross-border payment rails into a programmable, compliant network, reducing the need for institutions to integrate multiple providers and manage complex operational and regulatory workflows. Checker’s platform now supports 30 regulated financial institutions across the U.S., Europe, Latin America, Africa, and Asia, spans 75 currencies, and underpins foreign-exchange flows, collections, payouts, virtual accounts, and trading products, with management stating that new capital will be used to deepen global payments coverage as an alternative to traditional correspondent banking, add embedded borrowing and lending tools to improve capital efficiency and reduce pre-funding, and launch AI-driven agents for treasury, back-office automation, and predictive analytics to boost operating leverage for its institutional customers.