Checkmate Network

Company Overview

Snapshot

Founded in October 2022 by Reuven Ben-Menachem and Aviel Erdis, Checkmate Network operates with 1–10 employees. The company has secured funding across one disclosed round from one investor. In December 2022, Checkmate Network received seed funding from The Garage.

Business overview

Checkmate Network is an innovative company focused on combating authorized fraud within the financial sector. The company develops adaptive solutions to protect banks and their clients by addressing vulnerabilities that fraudsters exploit to gain access to accounts, bypassing traditional security measures. Leveraging expertise in open banking, payments technology, and cybersecurity, Checkmate Network operates within the Cyber Security sector, specifically targeting financial institutions and banks with its anti-fraud technologies.

Company Intelligence Q&A

What is Checkmate Network's primary focus?

Checkmate Network is dedicated to combating authorized fraud in the financial sector, developing solutions to protect customers and financial institutions from evolving criminal tactics.

When was Checkmate Network founded?

Checkmate Network was founded in October 2022.

Who are the founders of Checkmate Network?

Checkmate Network was founded by Reuven Ben-Menachem and Aviel Erdis.

What is the current status of Checkmate Network?

Checkmate Network is currently non-active, having ceased to operate in July 2025.

Which investor participated in Checkmate Network's seed funding round?

In December 2022, Checkmate Network received seed funding from The Garage.