Stablecoin infrastructure startup Checker has successfully raised $8 million in funding across pre-seed and seed rounds, as reported by The Block. The funding was completed after Checker was pre-empted in late 2025, with co-founder and CEO Jack Chong confirming that the round included participation from multiple investors. The company declined to disclose specific valuation figures or the exact structure of the funding rounds. According to The Block, the cash will be used to help financial institutions launch and scale stablecoins and related products using a single API, cutting the time and complexity it takes banks and fintechs to integrate digital dollar rails.
The funding round attracted significant institutional backing from major venture capital firms including Galaxy Ventures, Al Mada Ventures, and Framework Ventures, according to The Block. Additional investors included Bitso and Airtm from Latin America, DFS Lab from Africa, and Onigiri Capital, SNZ Capital, and Velocity from Asia. Notable angel investors included Bam Azizi from Mesh, Shivani Siroya from Tala, and Reid Cuming from Superstate. Chong confirmed that all participating investors were large firms in their respective regions. The funding round's mix of backers, including Galaxy Ventures which has recently backed other institutional stablecoin projects such as Boundary Labs' USBD protocol, signals focus on corridors where dollar demand is high and banking access is uneven.
Checker has demonstrated strong operational metrics, processing over $3 billion in total volume over the past 12 months, as reported by The Block. The company currently serves more than 30 regulated financial institutions globally and accounts for approximately 1% of annual global business-to-business stablecoin payments volume. Notable clients include Rail (acquired by Ripple), Braza Bank in Brazil, and Belo in Argentina. According to The Block, the infrastructure has already processed more than $3 billion in transaction volume over the last 12 months, underscoring demand from emerging-market payments players and neobanks experimenting with stablecoin settlement.
According to The Block, Checker positions itself as stablecoin liquidity infrastructure that provides a single API interface to help financial institutions launch and scale stablecoin products. The platform abstracts away the complexity of minting, redeeming and routing different stablecoins while embedding on-chain compliance and treasury workflows that satisfy institutional risk teams. This infrastructure allows clients to spin up white-labeled stablecoin wallets, remittance corridors or on/off-ramp products without building their own blockchain stack from scratch. The company is also developing AI agents that will automate customer onboarding, compliance assessments and day-to-day treasury operations, designed to run risk checks and monitor wallets in real time. In practice, this means clients can plug into Checker's infrastructure to spin up white-labeled stablecoin wallets, remittance corridors or on/off-ramp products without having to build their own blockchain stack from scratch.
The company plans to use the new funding to expand its network from Brazil and Kenya to Hong Kong and the United States, supporting use cases including foreign exchange, payments, trading, and investment products, according to The Block. Checker is targeting mid-sized banks and fintechs that want stablecoin exposure but lack in-house crypto engineering teams, positioning itself as a default vendor for this segment. The funding round's mix of backers, including Galaxy Ventures which has recently backed other institutional stablecoin projects, signals focus on corridors where dollar demand is high and banking access is uneven. The company frames its mission as connecting African and emerging-market banks to the global digital currency ecosystem, positioning stablecoins as cheaper, faster alternatives for cross-border flows traditionally dominated by correspondent banking. The expansion to Brazil, Kenya, Hong Kong and the U.S. maps closely onto existing stablecoin hot spots—Latin American remittances, African mobile money ecosystems, Asian trading hubs and U.S.-dollar funding markets—that have already seen heavy USDT and USDC penetration.
