CheckAlt
Valley Cottage, New York, United States
How CheckAlt hit $19M revenue with a 192 person team in 2023.
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.
2004
Founded
$19M
2023 Revenue
5.2%
YOY
$0
Funding
CheckAlt Revenue
In 2023, CheckAlt revenue run rate hit $19M in revenue.
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2023
CheckAlt hit $19M in revenue in 2023
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2021
CheckAlt hit $17.2M in revenue in 2021
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2004
CheckAlt launched in 2004 with $0 revenue
CheckAlt Funding History
No funding has been reported for CheckAlt yet.
Team
CheckAlt has 192 total employees and 1 sales reps that carry a quota. an engineering team of 1 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 192 |
| Engineer | 1 (1%) |
| Sales | 1 (1%) |
| Marketing | 2 (1%) |
Founder / CEO
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.
Q&A
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Customers
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CheckAlt Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Shai Stern | CEO | [email protected] | - |
CheckAlt Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Shai Stern | CEO | [email protected] | - |
Frequently Asked Questions about CheckAlt
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When was CheckAlt founded?
CheckAlt was founded in 2004.
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How much revenue does CheckAlt generate?
CheckAlt generates $19M in revenue.
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Who is the CEO of CheckAlt
The CEO of CheckAlt is Shai Stern.
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How much funding does CheckAlt have?
CheckAlt raised $0.
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How many employees does CheckAlt have?
CheckAlt has 192 employees.
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Where is CheckAlt headquarters?
CheckAlt is headquartered at Valley Cottage, New York, United States
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