Checkbook.io was founded by engineers and payments experts and is led by the Former Chief Network Architect of VISA. We incorporated in 2014, worked through 2015 and launched in Q1, 2016.
It is a simpler, easier and more secure payment solution enabling businesses and individuals to send payments via a "Digital Check". Paper Checks have been around for a long time, and even though businesses have evolved, Paper Checks have not. Checkbook lets businesses move away from paper to deliver Digital Checks directly to a recipients email. This allows businesses to keep all their existing Accounts Payable (or Accounts Receivable processes ) in place while moving to a completely online solution.
Furthermore the recipient does not need to sign-up for any service, download any app or pay any fees to receive payments using a globally acceptable tender. In short we are solving not just the sender side but the recipient side of the payments problem.
Digital Checks can be deposited and cashed online after instantly verifying your banking credentials with one of our partner banks. Instead of paying high transaction fee on credit and debit cards, or collecting sensitive bank account and routing numbers to transfer money - simply send a Digital Check to anyone with a name and an email using Checkbook.
Our Investors include Tim Draper and other blue-chip investors. We have partnerships/plug-ins with Intuit (QuickBooks) and SalesForce (Accounting Seed).