Alkami Technology has announced its acquisition of MANTL, an account opening platform, for $400 million, enhancing Alkami’s digital banking capabilities. MANTL, founded to create an equitable banking landscape for community financial institutions, boasts an omnichannel platform that streamlines and transforms account opening processes. Over the years, MANTL has raised $62.3 million in funding and has successfully aided 112 institutions in raising more than $31 billion in deposits, significantly improving operational efficiency through automation.
Since we founded MANTL nine years ago, our mission has remained constant: build technology that creates an equitable banking landscape where community financial institutions can not only survive but thrive.
MANTL's omnichannel account origination platform has transformed how financial institutions open deposit accounts, helping its 112 financial institution clients raise over $31B in deposits.
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