Checkbook, a San Mateo, CA-based firm which focuses on digital funds, acquired sureti, a Carlsbad, CA-based digital fee answer devoted to reworking the distribution of insurance coverage declare proceeds.
The quantity of the deal was not disclosed.
This strategic acquisition will consolidate Checkbook’s delivering fee options for insurance coverage firms and their clients.
sureti is a digital funds answer purposely constructed for property declare proceeds. It eliminates the necessity for mortgage lenders to be listed on multi-party paper declare checks and leverages geospatial seize information to substantiate the discharge of proceeds.
LEd by Founder and CEO PJ Gupta, Checkbook is a digital fee platform that provides modern and safe fee options for companies and people. It offers a spread of companies, together with digital checks, ACH transfers, and real-time funds, all designed to streamline monetary transactions and improve person expertise.
FinSMEs
13/01/2025
