CheckAlt logo
Founded 2004

CheckAlt

2021 Revenue

$17.2M

YOY

Funding

$0.0

How CheckAlt hit $17.2M in Revenue.

About CheckAlt

CheckAlt provides financial institutions of all sizes, including regional, community and local banks, as well as credit unions, with consolidated item and payment processing services across all payment channels. The company's services include lockbox processing across locations nationwide, consolidated item processing, omni-channel integrated treasury services and remote deposit capture. Additionally, it offers APIs for mobile and web developers that want to accept Check 21 payments. It was founded in 2004 and is headquartered in Los Angeles, California. The company seeks to expand its business operations through mergers and acquisitions.

Monthly Revenue

$1.4M

Total Expenses

$1.4M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

Los AngelesCaliforniaUnited States
$Funding$Revenue

CheckAlt Revenue

In 2021, CheckAlt revenue run rate hit $17.2M in revenue.

$17.2M

CheckAlt Valuation and Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation

Customers

CheckAlt has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

CheckAlt has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

CheckAlt has 210 employees. They have 1 sales rep that carries a quota They have an engineering team of 1. and a marketing team of 2.

2021
DistributionQty

Total Team Size

210

Engineers

1 (0%)

Sales

1 (0%)

Marketing

2 (1%)

CEO/Founder

Shai Stern

Shai Stern is currently the co-chairman and CEO of CheckAlt, the largest independent provider of treasury and lockbox solutions. He led CheckAlt’s acquisitions of ERAS from Diebold, Inc. in 2014 and Klik from MUFG Union Bank in 2016. Mr. Stern currently serves on the board of Bankjoy and was a lead investor at Double Beam, Inc., leading the company through multiple rounds of financing and scaling to growth, having originated its 2013 acquisition of Gopago from JPMorgan, and led Double Beam’s successful sale to Verifone. Mr. Stern previously served as CEO and co-chairman of Vintage Filings, a New York-based EDGAR filing firm, through November 2011.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


Is this your company? Add our badge to your website:

Frequently Asked Questions about CheckAlt

When was CheckAlt founded?

CheckAlt was founded in 2004.


Who is the CEO of CheckAlt?

The CEO of CheckAlt is Shai Stern


How many employees does CheckAlt have?

CheckAlt has 210 employees.

How much revenue does CheckAlt generate?

CheckAlt generates $17.2M in revenue.


How much funding does CheckAlt have?

CheckAlt has raised $0.0.


Where is CheckAlt headquarters?

CheckAlt is headquartered at Los AngelesCaliforniaUnited States

People Also Viewed

Fiserv logo

Fiserv

Provider of enterprise portfolio management solutions to the financial services industry. The company also designs, develops, and markets the global investment manager software systems for automated financial portfolio management. The company's products are used in banks, brokerage firms, mutual funds, investment management firms, SMA sponsors, and securities lending firms.

Stripe logo

Stripe

Stripe is an American financial services and software as a service company headquartered in San Francisco, California, United States.

Sabre Corporation logo

Sabre Corporation

Sabre Corporation is a U.S.-based travel technology company providing software solutions to the travel industry.

Charles-River Development logo

Charles-River Development

Solutions and services that automate multi-asset front and middle office investment management functions for institutional, wealth and alternative managers.

Bank Negara Indonesia logo

Bank Negara Indonesia

PT Bank Negara Indonesia Tbk is an Indonesian state-owned bank, with the government holding just over half of the bank's outstanding shares. BNI's main banking activities include deposit-taking, providing credit, issuing debt instruments, money transfer services, secondary market services, wholesale banking, custody banking, capital investment, and other services. Its business segments include business banking, consumer banking, and international banking and treasury. Most of the bank's operational presence is in Indonesia, but it has some credit exposure to other parts of Asia, the United Kingdom, and the United States.

Elevate Credit logo

Elevate Credit

Elevate Credit Inc provides online credit solutions. The company provides credit to non-prime consumers, many of whom face reduced credit options and increased financial pressure due to macroeconomic changes over the past few decades. It has one reportable segment, which provides online financial services for subprime credit consumers, which is composed of the company's operations in the United States and the United Kingdom. The company derives most of its revenue from the United States.

View Instantly:

Create a free account to view data on 30,318 SaaS Companies

30,318 companies | Updated Wed Oct 20 2021

GetLatka is the only place to get accurate revenue data on SaaS companies. You'll also see valuations, growth rates, CEO emails and 28 other metrics per company. Signup below to view instantly.

We interview hard-to-reach SaaS founders.

interviews

Then take audio data and organize it in charts and excel.

charts