Why are contractors still using checks in 2022?
MazumaGo began as a payment service for small businesses, but speaking with business owners in the construction industry made Matthew Smith and his Co-Founder realize which businesses need it the most: Regardless of size, most construction businesses were still using checks to send and receive payments, resulting in long payment delays and cash flow issues along the construction supply chain.
Their team kept asking, “Why is it so hard for contractors to send large payments online?” and decided to focus exclusively on digitizing construction payments. It is their mission to enable all construction companies to move money instantly and freely, without the barriers of traditional banking.