SamCo Information

Samco Financial (SamCo) is a nationwide #fintech #startup primarily servicing the unbanked and underbanked community. Currently operating in over 400 locations, with over 200,000 unique users, SamCo offers the only self-service check cashing kiosk in America with a vast reach to a growing customer base. Our mission is to serve those in need of an alternative to traditional banking by offering fast, convenient access to low-fee check cashing. We are dedicated to providing top-tier service and tailored solutions to ensure our partners maximize profits while building a loyal user base. SamCo cashes payroll checks, unemployment checks, government checks (tax refunds, stimulus, etc.), money orders, insurance checks, and much more. The retail owner of the kiosk determines fee rates according to the type of check presented. For instance, they may establish a 3% fee for payroll checks and a 5% fee for government checks, adhering to state regulations. SamCo is the only check cashing system that exchanges checks for cash and guarantees all funds to the retailer. 100% of all funds cashed by SamCo are guaranteed to the retailer! Kiosks work anywhere (convenience stores, supermarkets, tax agencies, and more) with no in-store personnel needed.