Rapid Armored Corporation


The Pay-O-Matic Corp. (“POM”) is the largest check cashing and financial service provider focused on the under-banked market in New York State. In addition to 128 retail locations, the Company also owns an armored car subsidiary, Rapid Armored. The Company was formed through the simultaneous acquisition of Pay-O-Matic Corp. with 100 locations and C.L.B. Check Cashing, Inc. (“CLB”) with 28 locations. The two businesses have been combined and operate under the Pay-O-Matic brand name.

Founders Equity sponsored the buyout through Founders Equity SBIC I, L.P. and Founders Equity NY L.P., whose limited partner is the New York State Common Retirement Fund, along with co-investors.

Founders Equity Inc
545 Fifth Avenue, Suite 401
New York, NY 10017
Tel: (212) 554-3457
Email: info@fequity.com



We offer the maximum security and prompt, dependable service that the financial industry requires.


We offer a multitude of services for this fast-paced industry including cash payroll pickup and delivery.


Rapid Armored is a leader in professionalism and security and proudly serves the gaming industry.


With offerings like currency supply & sales verification, Rapid Armored is a perfect partner for retailers.


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