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SnapCheck Receives Prestigious Red Herring Award as Top Startup in 2018

San Francisco, CA, June 29, 2018 --( SnapCheck, Inc., a leader in digital payments solutions, today announced it has been named winner of the prestigious Red Herring Top 100 North America award. SnapCheck received the award during a special ceremony at the Marina Del Rey Hotel in Los Angeles on June 20, 2018.

“2018’s crop of Top 100 companies has been among our most intriguing yet,” said Red Herring chairman Alex Vieux. “Some of the technical wizardry and first-rate business models on show here at the conference have been fantastic to learn about. We believe SnapCheck embodies the drive, skill and passion on which tech thrives. SnapCheck should be proud of its achievement: the competition was incredibly strong.”

Finalists for the Top 100 North America award were among the continent’s brightest and most innovative private ventures. Their place among North America’s tech elite was chosen by Red Herring’s editorial team, during a months-long process that takes into account criteria including disruptive impact, proof of concept, financial performance, market footprint and quality of management. The Top 100 North America has become not only a springboard for some of tech’s biggest names, but a valued and trusted tool for venture capitalists, experts and analysts predicting trends at the industry’s sharpest edge.

“We are honored to have been named Red Herring Top 100 North America winner and to have our work in transforming business payments recognized in company with some of the most iconic companies in technology,” said Ken Kruszka, CEO of SnapCheck. “This recognition is a testament to our mission to help businesses eliminate paper checks and modernize their back office. All told, SnapCheck gives businesses, consumers, banks and credit unions the ability to save over $50 billion a year in costs and $20 billion a year in fraud losses.”

“SnapCheck belongs to this generation of disruptive companies solving an old problem with a creative technology, blockchain. SnapCheck reduces costs, fraud, and headaches with a state of the art platform which has gained market traction. Thus they are one of the most promising companies in 2018. Their bright future is aligned with their customers' needs,” added Vieux.

About SnapCheck
SnapCheck Inc. developed a high speed, highly secure, Blockchain-enabled, and universally accepted solution dedicated to eliminating paper checks. SnapCheck’s financial service platform enables consumers, businesses, and partners to realize the benefits of digital payments without the cost and risk of overhauling business processes.

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