Klik Technologies

What Klik Technologies does

Klik Technologies Corp. is a privately held financial services company founded in 2004 and headquartered in Valley Cottage, New York, operating primarily through its CheckAlt brand in the integrated receivables and payment processing market. CheckAlt delivers a cloud-enabled AWS platform that consolidates multiple payment types — checks, ACH, credit, and debit — into a single dashboard, with a product suite spanning Traditional Lockbox, Electronic Lockbox, Remote Lockbox, Online Payments, Online Loan Payments, FinCapture Remote Deposit Capture, ATM Deposit Capture, Branch Capture, and Item Processing. The platform is PCI DSS and SOC 2 compliant, offers customizable APIs supported by a Developer Portal, and is deployable as either full-service or SaaS solutions.

The company serves three primary customer segments: financial institutions (banks and credit unions that offer CheckAlt's solutions to their business customers), fintechs (which integrate CheckAlt's payment capabilities into their own platforms via API), and businesses ranging from small to large enterprises across verticals including property management, healthcare, and municipalities. Revenue is generated through a hybrid model combining transaction-based processing fees (for ACH, card, and check payments) with recurring SaaS/platform subscription fees for the integrated receivables platform and lockbox services; pricing is custom and quote-based rather than publicly listed.

Klik Technologies has historically pursued a bootstrapped growth strategy, evidenced by a single disclosed funding round of $2.93M in November 2009 and the November 2009 acquisition of Cash Management Services. The company is led by Co-Chairman & CEO Shai Stern, employs 101-250 people, operates primarily in North America, and was recognized in 2025 on the Datos Fintech 50 for advancing receivables innovation for financial institutions and their business clients.

Name

Klik Technologies

Legal name

CheckAlt, LLC

Website

https://klik.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

Klik Technologies, operating primarily through its CheckAlt brand, provides cloud-enabled integrated receivables and payment processing solutions — including lockbox, online payments, and remote deposit capture — to financial institutions, fintechs, and businesses across North America.

Ownership category

akta.pro rank

Product category

Payment Processing Solutions

NAICS

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

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industry

Processor Back-End & Switch Providers (Issuer/Acquirer Processing Infrastructure) (FSAMABAJ)

Keywords

• Payment processing solutions
• Integrated receivables platform
• Lockbox processing services
• Remote deposit capture
• Treasury management software

Headquarters

HQ city

Valley Cottage

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Fees: Transaction-based fees charged for processing payments across multiple channels including ACH, credit/debit cards, and checks. Revenue scales with payment volume processed through the platform.
2. Lockbox Services: Traditional lockbox and electronic lockbox services available as full-service or SaaS solutions for flexible deployment. Generates recurring revenue from financial institutions and businesses.
3. SaaS/Platform Subscription: Integrated receivables platform and item processing solutions offered as subscription-based SaaS. Provides recurring revenue through monthly/annual platform fees.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Klik Technologies Corp. operates as a financial services company through its CheckAlt brand, delivering an integrated receivables platform that consolidates multiple payment types—checks, ACH, credit, and debit—into a single cloud-enabled AWS dashboard. The company offers lockbox processing, online payments, remote deposit capture, and item processing solutions to financial institutions, fintechs, and businesses, with deployment via direct SaaS subscriptions or full-service options.

Product overview

CheckAlt offers a unified integrated receivables platform with multiple payment processing modules. The core Integrated Receivables platform serves as the central hub enabling management of all payment types through a single cloud-enabled AWS platform. Supporting modules include Traditional Lockbox and Electronic Lockbox for check and bill payment processing; Online Payments and Online Loan Payments for 24/7 payment acceptance; and FinCapture Remote Deposit Capture along with ATM Deposit Capture and Branch Capture for check deposit functionality. Additional offerings include Remote Lockbox and Item Processing. The platform delivers solutions across integrated receivables management, item processing, and API-enabled integrations for financial institutions, fintechs, and businesses.

Differentiator

Problem solved

Functional benefit

Brands

• FinCapture: Remote Deposit Capture solution for depositing checks via mobile device, integrating into business apps via API.

Products and services

• Integrated Receivables

Quantifiable outcome

• Accelerated cash flow through streamlined payment processing

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• FRONTSTEPScoreTechnology or IntegrationFRONTSTEPS integrated CheckAlt's lockbox capabilities within their property management platform. This partnership enables FRONTSTEPS clients to manage payments at scale, streamlines back-office workflows, and elevates the payment experience for management teams and the communities they serve.

Scale indicators1 record

Recent moves2 records

Expansion highlights5 records

Direct peers

• Bottomline Technologies: Direct peer in integrated receivables, electronic and traditional lockbox, and B2B payment processing for banks and large corporates — overlapping product set with CheckAlt's flagship offerings.
• ACI Worldwide: Direct peer in real-time electronic payment processing, item processing, and bank-grade receivables infrastructure serving financial institutions globally.
• iCheck Gateway: Direct peer in electronic check processing, lockbox, and remote deposit capture services for businesses and financial institutions — comparable niche specialization.
• OrboGraph: Direct peer focused on check/image-based payment processing, fraud detection, and item processing — competing for similar FI and business customers in the check receivables niche.

Broad incumbents

• Fiserv: Broad incumbent providing core banking, merchant acquiring, and integrated receivables/payments solutions — competes with CheckAlt particularly for FI treasury management and lockbox contracts as part of a much larger product portfolio.
• Jack Henry & Associates: Broad incumbent serving banks and credit unions with core, payments, and receivables processing — competing with CheckAlt for FI distribution, including credit unions like WISCUB.
• Finastra: Broad incumbent in financial software, with treasury, payments, and receivables capabilities — overlapping with CheckAlt's FI-targeted integrated receivables suite.

Emerging players

• Modern Treasury: Emerging player in payment operations infrastructure for fintechs and platforms — overlaps with CheckAlt's fintech channel and APIs, though focused on modern ACH/real-time rails rather than checks.
• BILL Holdings: Emerging player in B2B payments, AP/AR automation, and integrated receivables for SMBs — adjacent to CheckAlt's business segment, with a different go-to-market focus on direct SMB adoption.
• RDC (Rapid Deployment Check) / Mitek Systems: Emerging player in mobile remote deposit capture and check image processing technology — overlapping with CheckAlt's FinCapture RDC product from an infrastructure/technology perspective.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/klik-technologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Klik Technologies