ACHQ, Inc., a financial technology company offering platforms and businesses an API-driven alternative to traditional ACH payments, today announced their partnership with WealthBlock Inc., a provider of white-label technology solutions for 50+ crowdfunding portals, broker-dealers, private equity and venture capital firms, and other institutional owners. ACHQ will provide an embedded ACH payment experience to WealthBlock's institutional users and their investors. The addition of ACHQ's payment capabilities will enable WealthBlock clients the ability to raise money faster and at lower cost than with legacy systems.
ACHQ has built a modern payments API capable of meeting the rapidly evolving needs of today's fast-growing digital businesses. With the ACHQ API, platforms and developers can authenticate, accept, remit, and track payments via a single integration, instantly enabling any application to become a payments application.
Wealthblock serves as a leader in the private capital raising technology space; its highly self-configurable white-label platform streamlines the entire capital raising and relationship management process. Through its partnership with ACHQ, WealthBlock's institutional clients will be able to readily enable ACH payments in a more efficient way in order to raise funds from investors. Already offering a turnkey solution, the integration of ACHQ's technology further eliminates the need for WealthBlock's users to establish cumbersome Escrow accounts in order to raise capital.
"Legacy systems, for crowd-sourced investing, are based on paper checks, wire payments, and escrow accounts. We're excited for the opportunity to work with WealthBlock, enabling them to offer seamless payment capabilities that meet the increasingly high-tech demands of the marketplace," says Chad Willard, President and COO at ACHQ. "This will have the end result of creating a better investor experience via faster payments for our mutual customers."
ACHQ has long put their focus on what matters most: frictionless payment experiences and customer satisfaction. The new partnership will now allow institutions greater flexibility in creating their own ideal investor experiences - at scale and at a more rapid pace.
"I'm really excited about this partnership. ACHQ offers one of the most robust and flexible payment APIs in the space," said Trilliam Jeong, CEO of WealthBlock. "This integration with ACHQ will allow us to truly empower venture capital firms, private equity firms, real estate investment firms, broker-dealers, and funding portals in order to provide the most frictionless and secure online capital call and payment collection experiences to their investors."
The ACHQ API will enable WealthBlock to offer Plaid tokenized payments, same-day ACH, real-time balance checks, and automated payment lifecycle tracking - all from within their own user interface.
ACHQ, Inc. is one of the fastest-growing electronic payment services providers in the world. The company is a venture-funded entity that offers payments as a service platforms and businesses in all 50 U.S. states.
For more information, please visit www.achq.com or contact Keith Raphael at keithr@achq.com.
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About ACHQ
ACHQ, Inc. is a financial technology company that builds bank-to-bank payment infrastructure for platforms, businesses, and financial institutions. The company offers a powerful ACH payments API platform to connect to allow businesses to bring embedded payments to any device, channel, or market. To learn more, visit https://achq.com/.
About WealthBlock
WealthBlock.ai is a technology firm with a vision for high efficiency private capital raising. WealthBlock's technology empowers fundraisers to turbocharge their capital raising operational efficiency while providing frictionless investment experiences to investors. To learn more, visit https://wealthblock.ai.
Source: https://www.newswire.com/news/all-in-one-capital-raising-platform-wealthblock-partners-with-achq-for-21555080
