Mobile Wallet Services ‘Check’ Acquired For $360M By Intuit

Intuit, a US based software company that develops financial and tax preparation software and related services for small businesses, has acquired the Israeli-American bill-payment service ‘Check’ for $360 million. Check, founded in 2008, is a multi-award-winning app that alleviates the hassle and stress associated with financial management, with over 10 million active users.