Checkbook, a San Mateo, CA-based company which specializes in digital payments, acquired sureti, a Carlsbad, CA-based digital payment solution dedicated to transforming the distribution of insurance claim proceeds.
The amount of the deal was not disclosed.
This strategic acquisition will consolidate Checkbook’s delivering payment solutions for insurance companies and their customers.
sureti is a digital payments solution purposely built for property claim proceeds. It eliminates the need for mortgage lenders to be listed on multi-party paper claim checks and leverages geospatial capture data to substantiate the release of proceeds.
LEd by Founder and CEO PJ Gupta, Checkbook is a digital payment platform that offers innovative and secure payment solutions for businesses and individuals. It provides a range of services, including digital checks, ACH transfers, and real-time payments, all designed to streamline financial transactions and enhance user experience.
FinSMEs
13/01/2025