Total raised
$2.4M
Last: Series A 2022-11
Stage
Series A
Founded
2015
Headcount
7
HQ
Rishon LeTsiyon
Sector
Fintech & Insurtech
About
V-CHECK is a payment ecosystem designed to replace checks, credit cards, and cash with a financial technology approach that enables paperless money transfers. The system is easily managed through the V-CHECK users smartphone and allows both immediate and scheduled (postdated) payments to either a designated beneficiary or a third-party beneficiary. V-CHECK also offers a second-signer feature that requires two people to sign off on payments The Bank of Israel assigned to the company identification code: 75. The company is licensed by the Capital Market Authority to provide basic financial asset service (63100) and to provide basic credit (68896).
Funding history · 3 rounds · $2.4M total
2022-11
Series A
$1.2M
2020-04
Seed
$1.0M
2016-08
Pre-Seed
$200K
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is the current operational status of V-CHECK?
- V-CHECK is currently inactive and ceased to operate in January 2025.
- When was V-CHECK founded and what is its primary focus?
- V-CHECK was founded in September 2015. It developed a payment ecosystem to replace traditional checks, credit cards, and cash with paperless money transfers via smartphones.
- What licenses does V-CHECK hold in Israel?
- V-CHECK is licensed by the Capital Market Authority in Israel to provide basic financial asset services (63100) and basic credit (68896). The Bank of Israel also assigned it identification code 75.
- What was V-CHECK's last known funding round?
- V-CHECK's last known funding round was a Series A in November 2022, raising $1,200,000. For a full financing history, users should refer to startupim.
- How many employees did V-CHECK have?
- V-CHECK had 7 employees.
- What significant partnership did V-CHECK announce in May 2024?
- In May 2024, V-CHECK announced a partnership with Rentify Israel to integrate a digital interface for rent payments, aiming to replace paper checks in Israel.
- Which major distribution company partnered with V-CHECK in March 2024?
- In March 2024, Diplomat, a company with over 50 years in consumer and food product sales and distribution, signed an agreement with V-CHECK to adopt its digital check solution, moving away from paper checks.
- When did V-CHECK receive approval from the Capital Market Authority for digital check discounting?
- V-CHECK received approval from the Capital Market Authority for digital check discounting in October 2023.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobile
Target customers
ConsumersEnterprise & Professional ServicesSMBs & SMEs
Business model
B2BB2C
Highlights
Verified
Tags
big-data-analyticsbanksconsumersfintechmobile-paymentsbig-datapaymentssmbmobile-applicationsdigital-wallet