Check21

Name

Check21

Legal name

Check21.com, LLC

Website

https://check21.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Lockbox, Check Scanning & Paper Bill Processing (FSAMAJAK)

akta.pro secondary industries

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL)

Keywords

• Electronic check processing
• Mobile check capture
• ACH payment automation
• Salesforce payment integration
• Accounts receivable automation

Headquarters

HQ city

Hollywood

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Transaction-based Processing: Revenue generated from processing payments including ACH transactions, Check 21 submissions, and PAD debits/credits. Transaction fees vary based on volume, solution type, and industry.
2. Software Licensing: Annual, monthly, weekly, or daily licensing fees for Salesforce apps (Payology Check Scanning, Mobile Check Capture, ACH Connect, Docusplit, Check Verification) and SDK/API solutions. Pricing based on solution used, transaction volume, and industry type.
3. SDK/SDK Licensing: White-label and embedded SDK licensing for technology providers integrating check scanning capabilities into their platforms.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Check21.com provides gateway technology for electronic check depositing and verification through native Salesforce applications and standalone APIs/SDKs. The company enables organizations to scan or capture checks via physical, flatbed, or mobile-device capture, extract MICR and remittance data, run real-time check verification, and submit Check 21, ACH, and PAD payments directly to their financial institution. The Check21.com Payment Gateway acts as the unifying hub for these payment flows, and the offering is extended through white-label and embedded SDK deployment for technology providers.

Product overview

Check21.com (operating as Payology) is a financial technology company offering a unified payment platform with multiple integrated products. The portfolio consists of native Salesforce applications (Payology Check Scanning, Payology Mobile Check Capture, ACH Connect, Check Verification, Docusplit, Payology Lite) and standalone API/SDK products (Check Scanning SDK, Mobile Check Capture API, Check Verification API) that connect through the Check21.com Payment Gateway. Products work together: Salesforce apps capture checks via scanning or mobile devices, extract data using OCR and barcode technology, apply payments to records, and transmit transactions directly to financial institutions. The Payment Gateway serves as the central hub for Check 21, ACH, and PAD submissions with direct bank settlement.

Differentiator

Problem solved

Functional benefit

Brands

• Payology Lite: Standalone lightweight Salesforce app for transmitting check payment data and images to financial institutions for deposit.
• Payology Check Scanning
• Payology Mobile Check Capture
• ACH Connect
• Docusplit
• CheckForce
• Check21.com Payment Gateway
• CheckVerification.com

Products and services

• Payology Check Scanning for Salesforce Native Salesforce application that scans personal, corporate, and certified checks via physical scanners, extracts MICR and check data with dual OCR, matches payees to Salesforce contacts and accounts, and transmits checks directly to the financial institution with remittance advice and barcode parsing. For organizations using Salesforce for accounts receivable and payable.
• Payology Mobile Check Capture for Salesforce Native Salesforce app that lets field agents and end-customers capture check images on smartphones or flatbed scanners, rotates and crops them to federal standards, runs multi-tiered OCR on MICR and amount data, applies captures to Salesforce receivable records, and transmits to the financial institution. For distributed teams in insurance, property management, and other mobile-first verticals.
• ACH Connect for Salesforce Native Salesforce application that generates NACHA-compliant files and transmits ACH credits and debits directly to the organization's financial institution, bypassing third-party processors; supports recurring transactions and automated cash receipt and disbursement creation within Salesforce.
• Check Verification for Salesforce Native Salesforce application providing real-time account validity and check-writing history verification using ATM/NCN negative database checks (TeleCheck, MicroBilt) and ForeWarn bank-record matching to reduce non-administrative ACH and check returns.
• Payology Lite for Salesforce Lightweight standalone Salesforce application that transmits check payment data and images from Salesforce to the financial institution for deposit and provides bi-directional synchronization of check return data back into Salesforce.
• Docusplit Native Salesforce application that scans, imports, splits, annotates, edits, and saves PDF and image files directly within Salesforce, with Twain/WIA scanner support and dynamic naming conventions per document type. Targeted at organizations that need to attach bills of lading, invoices, customs reports, and other documents to Salesforce records.
• Check21.com Payment Gateway RESTful electronic payment gateway that lets merchants and organizations submit ACH, PAD, Check 21 (X9.37/ICL), and remotely created check transactions directly to their financial institution without third-party processor or aggregator involvement, with batch upload and Virtual Terminal support.
• Payology Check Scanning SDK JavaScript-based web SDK that technology providers embed in their own cloud-based platforms to add native check scanning, MICR extraction, barcode parsing, OCR conversion, image quality testing, and virtual endorsement capabilities under white-label branding. For SaaS platforms and software vendors integrating check capture.
• Payology Mobile Check Capture API RESTful API enabling flatbed scanners and mobile devices to capture check images, rotate and crop them, convert front and back images to federally accepted standards, and return parsed MICR data, payee information, amounts, and usability testing results in JSON for developers.
• Check Verification API RESTful API for real-time bank account verification and check-writing history screening, combining ATM/NCN negative database checks (TeleCheck, MicroBilt) with ForeWarn Validation that matches submitted account data against bank records to detect closed, frozen, or invalid accounts.

Quantifiable outcome

• Reduces check scanning and allocation time by up to 90%
• +7 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability5 records

Feature10 records

Partnerships

Three partnerships are on record, tiered core and major.

• BlackthorncoreGTM or Marketing Partner · 23 October 2020Check21.com partnered with Blackthorn to offer Payology Mobile Check Capture for Salesforce within their mobile payment app. Blackthorn is a Salesforce partner specializing in native Salesforce event registration and payments. Integration allows Blackthorn app users to capture check images on smartphones.
• Accounting SeedcoreStrategic or Co-development Partner · 10 November 2018Partnership between Check21.com and Accounting Seed to provide ACH Connect to Accounting Seed clients. Extension released January 2018 automates Cash Receipt and Cash Disbursement creation, streamlining Accounts Receivable and Accounts Payable processes for Accounting Seed users.
• DomusomajorTechnology or Integration · 2 September 2017Domuso, a property management technology provider, integrated Payology Check Scanning SDK enabling property managers to scan rent checks directly into the Domuso platform. Integration with Yardi and AppFol.io ERP systems enables automated reconciliation.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Plaid: Plaid provides bank account connectivity, account verification, and open banking infrastructure used by major fintechs. Comparable to Check21's Check Verification API and ForeWarn Validation services, though Plaid operates at significantly larger scale with broader bank data coverage.
• Stripe: Stripe is a global payments infrastructure platform offering payment processing, ACH debits, and developer APIs. Comparable to Check21 as a payment gateway and ACH originator, with vastly greater scale, broader payment modalities, and developer-first distribution.

Direct peers

• Mitek Systems: Mitek Systems provides mobile check capture, identity verification, and digital document processing technology used by major US banks. Directly comparable to Check21's mobile check capture and MICR extraction capabilities, with a longer history in the check imaging space and stronger bank relationships.
• Tipalti: Tipalti provides AP automation, global payments, and supplier management for mid-market and enterprise businesses. Comparable to Check21's AR/AP automation focus, particularly in ACH payments and ERP integration, with a broader payment modality set.
• Dwolla: Dwolla is an ACH payment API platform enabling businesses to send and receive bank transfers. Comparable to Check21's ACH Connect and direct-to-bank submission model, serving similar mid-market and enterprise customers integrating payments into SaaS platforms.
• Blackbaud: Blackbaud provides cloud software and payment processing specifically for nonprofits and higher education institutions. Comparable to Check21's NPSP nonprofit and higher education vertical extensions, particularly for donation processing and accounts receivable workflows.
• Bill.com: Bill.com is a leading AP/AR automation platform serving SMB and mid-market businesses with bill payment, invoicing, and cash flow management. Highly comparable to Check21 because both target accounts receivable and accounts payable automation workflows, though Bill.com is a broader full-stack platform while Check21 is more specialized in check/ACH capture.
• CheckAlt: CheckAlt provides lockbox and electronic check processing services to financial institutions, property managers, and billers. Directly comparable as a competitor in the lockbox-elimination and electronic check deposit space, particularly for property management and biller verticals where Check21 also competes.

Emerging players

• Parascript: Parascript provides document recognition, OCR, and data capture automation including check processing and remittance extraction. Comparable to Check21's dual OCR engine and remittance advice scanning capabilities, with broader enterprise document automation positioning.
• Modern Treasury: Modern Treasury provides payment operations infrastructure including ACH, wire, and real-time payment APIs for software platforms. Comparable to Check21's Payment Gateway and direct-to-bank submission model, with stronger positioning in real-time payments where Payology is pivoting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/in/idomeros

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Check21