Bank Shot
Bank Shot is a private Atlanta-based payment management platform that helps title companies, real estate brokerages, and other high-liability-fund industries send and receive payments via web-based remote check capture, ACH, wires, and digital checks, with patented accept/hold/reject controls.
- Company typePrivate
- Founded2014
- HeadquartersAtlanta, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Bank Shot does
Bank Shot, LLC is a private Atlanta, Georgia-based payment management platform founded in 2014 by Glenn and Bernie Drake. The company operates a web-based portal that enables businesses in high-liability fund-handling industries to receive, review, and disburse payments via remote check capture, ACH, wire transfers, and digital checks. Its core product surface consists of two integrated modules—Receivables (for collecting payments via shareable links, QR codes, or embedded pages) and Disbursements (for sending digital checks, direct deposits, or mailed checks)—plus the patented Stoplight Technology that lets users Accept, Hold, or Reject incoming payments before deposit.
The platform is differentiated by deep domain specialization in regulated verticals (title companies, real estate brokerages, closing attorneys, insurance and mortgage claim servicers, factoring companies, and property management), integration with 67 FDIC-insured bank partners for multi-account deposit routing, white-label payment page deployment, and compliance workflows including dual signature approval and batch CSV uploads. Money transmission is provided through Priority Technology Holdings/Finxera and continuous daily penetration testing is delivered via Red Sentry. The company retired its iOS and Android mobile apps in March 2025 in favor of a fully web-based, shareable payment experience.
Bank Shot generates revenue through transaction fees on payment processing combined with subscription/recurring platform access revenue, sold under custom enterprise pricing on annual billing. Distribution is enterprise sales-led with direct demo requests, supplemented by a self-serve web portal, white-label embedded deployments, and a channel partnership with TitleTap for the title/attorney vertical. The company holds one granted patent (March 2020) and discloses $561M in cumulative dollars processed and 100K+ payments transmitted.
Bank Shot firmographics
Firmographics- Name
- Bank Shot
- Legal name
- Bank Shot, LLC
- Website
- https://getbankshot.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Bank Shot is a private Atlanta-based payment management platform that helps title companies, real estate brokerages, and other high-liability-fund industries send and receive payments via web-based remote check capture, ACH, wires, and digital checks, with patented accept/hold/reject controls.
- Ownership category
- akta.pro rank
Bank Shot industry classification
Industry- Product category
- Real Estate Payment Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Blank Checks (6770)
- akta.pro primary industry
- Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)
- akta.pro secondary industries
- A2A Payouts & Disbursements (FSAMAFAG), A2A Collections & Direct Account Funding (FSAMAFAH), A2A Reconciliation, Reporting & Treasury Ops (FSAMAFAJ), A2A Fraud, Risk & Authentication (FSAMAFAI)
Keywords
Where Bank Shot is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Bank Shot business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Processing Fees: Bank Shot charges fees for processing payments including disbursements. The platform processes high-value transactions for industries handling large payments like real estate earnest money and insurance claims.
- Receivables Platform Access: Revenue generated from businesses using Bank Shot's platform to receive payments from their clients, including wire instruction exposure management and payment request features.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom enterprise pricing |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Bank Shot product offering
Product offeringCore offering
Bank Shot is a web-based payment management platform that enables businesses to send, receive, and manage payments securely through two integrated modules: Receivables (for collecting payments via shareable links, ACH, wire, and remote check capture) and Disbursements (for sending payments via digital checks, direct deposits, or mailed checks). It targets industries handling high-liability funds such as title companies, real estate brokerages, insurance/mortgage servicers, closing attorneys, and factoring companies.
Product overview
Bank Shot is a payment management platform consisting of a unified web-based Portal with two core integrated modules: Receivables for collecting payments and Disbursements for sending payments. The platform supports multiple payment rails including ACH, wire transfers, remote check capture, and digital checks. Key features include the patented Stoplight Technology for accept/hold/reject controls, white-labeled payment pages, CSV batch uploads, recurring payments, and dual signature approval for compliance. The company transitioned from a mobile app model (discontinued March 2025) to a fully web-based platform. Additional capabilities include payment request scheduling, multi-account deposits, and real-time transaction tracking.
Differentiator
Problem solved
Functional benefit
Products and services
- Bank Shot Portal Bank Shot's proprietary web-based payment management platform enabling users to send, receive, and manage payments securely. The portal provides real-time tracking, compliance workflows, and integration with multiple payment methods including ACH, wire, and remote deposit capture.
- Receivables A module enabling businesses to request and receive payments directly from clients via shareable web links, QR codes, or embedded payment pages. Supports scheduled payments, configurable fees, and white-labeled interfaces for seamless brand integration.
- Disbursements A module for sending multiple payments simultaneously via digital checks, direct deposits, or mailed checks. Features include dual signature approval for compliance, CSV batch upload, and recurring payment scheduling to reduce manual processing by up to 75%.
- Web-Based Payment Page Customizable, shareable payment page accessible from any device without app downloads. Supports white-label branding with custom logos, colors, and subdomains. Replaced the iOS and Android mobile apps as of March 2025.
- White-Labeled Payment Collections Branded payment collection interface that businesses can customize to match their brand identity. Features include user-friendly design, enhanced security and compliance, and full white-label deployment options.
Quantifiable outcome
- Processing volume: $561M in dollars processed
- +4 more outcomes
Companies that use Bank Shot
Customer profileNamed customers5 records
Segments7 records
Ideal customer profiles4 records
Bank Shot technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature8 records
Bank Shot partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship and core.
- TitleTapflagshipPartnership with TitleTap, industry leader in Title Agent and Attorney websites, provides Bank Shot visibility on TitleTap's HUB with 'one click' integration option for customers to add online payment capabilities to their TitleTap websites.
- Rule 1 Ventures (R1VS)coreBank Shot partnered with Rule 1 Ventures, a startup studio, in 2021. R1VS helped Bank Shot rewrite its portal, launch new features including disbursements, web-based receivables, electronic payments, and credit card processing, and rapidly expand its customer base across the country.
- Red SentrycoreRed Sentry provides continuous penetration testing for Bank Shot's platform. While most technologies undergo pentesting annually, Bank Shot partners with Red Sentry for daily security audits to identify and remediate vulnerabilities before exploitation.
- Priority Technology Holdings, Inc.corePriority Technology Holdings, Inc. (NMLS #1168701) and its subsidiary Finxera, Inc. provide money transmission and acquiring services for Bank Shot's payment platform.
- Ameris BankcoreOne of 67 FDIC-insured bank partners providing deposit routing and account management capabilities for Bank Shot's multi-account payment platform.
- Atlantic Union BankcoreOne of 67 FDIC bank partners enabling multi-account deposit routing for Bank Shot customers.
- Bank of AmericacoreOne of 67 FDIC bank partners providing banking infrastructure for Bank Shot's payment platform.
- Bank UnitedcoreOne of 67 FDIC bank partners in Bank Shot's network for deposit routing.
- BB&T (Truist)coreOne of 67 FDIC bank partners providing banking services for Bank Shot's payment ecosystem.
- US BankcoreOne of 67 FDIC bank partners in Bank Shot's multi-bank integration network.
- FNF (Fidelity National Financial)coreOne of 67 FDIC bank partners, FNF is a major title insurance and real estate services company.
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
Bank Shot competitors and assessment
Company assessmentDirect peers
- Earnnest: Earnnest is a digital earnest money deposit platform purpose-built for real estate transactions, offering agents and title companies a digital alternative to physical checks. Closely overlaps with Bank Shot's core earnest money and escrow receivables use case.
- ClosingLock: ClosingLock builds wire fraud prevention and secure payment verification tools for the real estate closing industry, with customers among title companies and law firms. Directly comparable in serving regulated real estate payment workflows with fraud controls, overlapping with Bank Shot's Stoplight technology.
- Mitek Systems: Mitek provides mobile check capture and remote deposit technology to banks, fintechs, and payment platforms. Bank Shot's Remote Check Capture and same-day clearing capabilities overlap directly with Mitek's core technology stack.
- Dwolla: Dwolla is an account-to-account payment platform offering ACH and bank-transfer APIs to platforms processing recurring or high-volume disbursements. Comparable to Bank Shot's Receivables/Disbursements rails and recurring payment automation.
- CheckAlt: CheckAlt provides lockbox, remote deposit capture, and check digitization services to financial institutions and verticals including property management. Directly overlapping use cases with Bank Shot's check capture and tenant/rental deposit workflows.
Emerging players
- Snapdocs: Snapdocs is a real estate closing platform coordinating notarization and e-closings; its closing infrastructure increasingly intersects with the payment flows Bank Shot targets. Comparable buyer (title agents, lenders) and overlapping closing-transaction workflow.
- Finix: Finix is a payments infrastructure provider enabling software platforms to embed and monetize payment acceptance. Comparable to Bank Shot's white-label embedded payments strategy targeting enterprise software resellers.
Broad incumbents
- Modern Treasury: Modern Treasury offers A2A payment operations infrastructure including ACH, wire, RTP, and reconciliation APIs. Comparable to Bank Shot's reconciliation, dual signature approval, and multi-bank routing capabilities at a broader enterprise scale.
- Plaid: Plaid provides bank connectivity and account verification infrastructure underpinning many account-to-account payment products. Adjacent enabling layer for the same bank-to-bank transfers and verification flows Bank Shot routes through 67 partner banks.
- Stripe Treasury: Stripe's broader payments and Stripe Treasury / Connect products address merchant payment acceptance and embedded finance. Comparable on white-label collection pages and embedded payments, but at materially larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Bank Shot social profiles
Digital presenceBank Shot financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bank Shot leadership team
Management profileNumber of profiles
Profiles6 records
Bank Shot funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bank Shot M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bank Shot
What does Bank Shot do?
Bank Shot is a web-based payment management platform that enables businesses to send, receive, and manage payments securely through two integrated modules: Receivables (for collecting payments via shareable links, ACH, wire, and remote check capture) and Disbursements (for sending payments via digital checks, direct deposits, or mailed checks). It targets industries handling high-liability funds such as title companies, real estate brokerages, insurance/mortgage servicers, closing attorneys, and factoring companies.
Is Bank Shot a public or private company?
Bank Shot is a private company. It is classified as unknown and is currently operating.
When was Bank Shot founded?
Bank Shot was founded in 2014. It employs 1 to 10 people.
Where is Bank Shot based?
Bank Shot is headquartered in Atlanta, United States, in the North America region.
How does Bank Shot make money?
Two revenue lines are on record. Payment Processing Fees are the primary driver. The others are receivables Platform Access.
Who are Bank Shot's main competitors?
Direct peers on record are Earnnest, ClosingLock, Mitek Systems, Dwolla and CheckAlt. Emerging players are Snapdocs and Finix. Broad incumbents are Modern Treasury, Plaid and Stripe Treasury.
Does Bank Shot have an API?
Yes. Bank Shot provides an API (Application Programming Interface) that enables automated transfer of data between the Portal, Customer Systems, End Users, and other authorized third-party systems. The Terms and Conditions define 'API' as any application programming interface made available by Bank Shot to enable automated data transfer. No public documentation URL, SDK, or developer portal was found in the source material.
What industry is Bank Shot in?
Bank Shot's product category is Real Estate Payment Platform. Its primary akta.pro industry code is FSAMAFAC, Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant), with a secondary code of FSAMAFAG, A2A Payouts & Disbursements. Its NAICS code is 522320 and its SIC code is 6770.