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MyCheck
Quick Check Ltd operates as a financial services firm
About MyCheck
MyCheck, originating from Israel in 2011, was established by a team including Shlomit Kugler, Tal Nathanel, Erez Spatz, and Asaf Tory. The company initially focused on developing a mobile payment application designed to streamline the checkout process in restaurants, allowing diners to view, split, and pay their bills directly from their smartphones. This service catered to both individual consumers and the hospitality industry, aiming to improve table turnover rates for restaurants and enhance the dining experience for patrons.
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The business model centered on integrating with restaurant point-of-sale (POS) systems, enabling a seamless payment experience. Revenue was likely generated through a combination of transaction fees and potential subscription models for the hospitality venues. The application's core features included the ability to see a live, itemized bill, split the cost among multiple diners, and process payments without waiting for a server, incorporating various payment methods including credit cards and digital wallets.
Over the years, the company expanded its operations, notably entering the US and UK markets. It also broadened its service offerings beyond simple payments to include loyalty programs, targeted marketing, and customer relationship management tools for its hospitality clients. In a significant strategic shift, MyCheck was acquired by the Shiji Group in 2018. This acquisition integrated MyCheck's payment technology into Shiji's broader suite of hospitality technology solutions, which serves a global client base of hotels, food service outlets, and entertainment venues.
At a glance
- Founded
- 2011
- Headquarters
- New York City, United States
- Sector
- Fintech
Latest news
Press, funding announcements and product moves mentioning MyCheck.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Mouro Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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