CheckAlt logo
Founded 2004


2021 Revenue





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.

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Los AngelesCaliforniaUnited States

CheckAlt Revenue

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


CheckAlt Valuation and Funding History

Why are so many SaaS founders taking money from instead of VC's?
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CheckAlt has 0 customers.

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CheckAlt has an annual churn rate of 0.00%

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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.


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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.


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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

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