StockNews.AI
ALKT
StockNews.AI
9 hrs

MANTL Clients Raise Over $3 Billion in Deposits From Existing Banking Relationships in Six Months

1. MANTL helped clients raise over $3B in deposits in 2025's first half. 2. Almost 130,000 accounts opened, average funding over $24,000. 3. Nine institutions each generated over $100 million in deposits. 4. MANTL emphasizes the importance of relationship banking for sustainable growth. 5. Upcoming webinar explores strategies for activating existing customer relationships.

7m saved
Insight
Article

FAQ

Why Bullish?

The significant deposit growth highlights MANTL's effectiveness, potentially increasing ALKT's market valuation. Historically, similar technology advancements have led to positive stock price movements.

How important is it?

The article highlights MANTL’s impressive performance, indicating growth prospects for ALKT. Its acquisition of MANTL positions ALKT favorably in the competitive financial tech space.

Why Short Term?

The immediate success in deposit gathering suggests potential short-term gains for ALKT. However, broader market conditions could influence longer-term impacts.

Related Companies

CONNECTWALUS Bankcorp
This milestone underscores how financial institutions can unlock cost-effective, sustainable growth by deepening customer and member relationships with MANTL , /PRNewswire/ -- MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced that its clients raised over $3B in deposits with existing banking relationships in the first half of 2025. This achievement highlights the significant opportunity financial institutions have to achieve low-cost, sustainable growth by strengthening customer and member relationships and driving banking primacy with omnichannel account opening technology. In just six months, MANTL clients opened nearly 130,000 deposit accounts from existing customers and members, with an average funding amount exceeding $24,000. Notably, nine institutions generated more than $100 million in deposits each from existing account holders in the first half of 2025, demonstrating how banks and credit unions can leverage MANTL to activate existing banking relationships and drive sustainable growth at scale. "MANTL clients are on track to raise more deposits in 2025 than any other year," said Nathaniel Harley, co-founder and president of MANTL, and chief revenue officer at Alkami. "MANTL built its reputation as the industry's most powerful growth engine by helping institutions raise hundreds of millions in net new deposits quickly and efficiently. However, in today's highly competitive deposit environment, retaining deposits and expanding existing banking relationships are just as crucial as acquiring new customers and members. MANTL is redefining relationship banking, and helping financial institutions grow smarter, by giving banks and credit unions the technology and data-rich insights to transform existing account holders into deeper, more profitable relationships." MANTL Deposit Origination streamlines the process for existing banking customers and members to open new accounts in just a few clicks. Powered by real-time data and actionable insights, MANTL enables financial institutions to activate their banking relationships, increase lifetime value, and achieve a more cost-effective path to deposit growth than traditional acquisition strategies. "MANTL enhances ConnectOne Bank's ability to deliver a truly best-in-class relationship banking experience to our clients," said Steve Primiano, chief corporate development officer at ConnectOne Bank. "Efficiency is core to our culture, and MANTL empowers us to stay both efficient and agile as we scale. MANTL supports our strategic growth as we expand into new geographies and markets, launch new verticals, and deepen existing customer relationships." MANTL is hosting an upcoming webinar, "Turning existing relationships into results: $3B in 6 months," on Wednesday, Sept. 17 at 1:00 p.m. CT. This webinar will feature ConnectOne Bank's Steve Primiano and David Carlson, vice president of sales at MANTL, for a powerful discussion on how ConnectOne Bank is supercharging deposit growth by leveraging an omnichannel deposit strategy to activate its existing customer base. To hear firsthand from a MANTL client on best practices to deepen customer relationships, register here. For more information about MANTL or to schedule a demo, click here. About MANTLMANTL is an Alkami solution team that offers unified account origination technology, empowering banks and credit unions to open loan and deposit accounts seamlessly on any banking channel in real time. MANTL Deposit Origination is among the fastest and most performant solutions on the market; consumers can open a new deposit account in under five minutes, businesses can open a new deposit account in under 10 minutes, and MANTL customers raise billions in core deposits. MANTL Loan Origination simplifies each step in the loan process, automating up to 100% of loan application decisions to ensure an intuitive, feature-rich experience from personal loans to business financing. Founded in 2016, MANTL was acquired in March 2025 by Alkami Technology, Inc. (Nasdaq: ALKT), a leading cloud-based digital banking solutions provider for financial institutions in the U.S. For more information, visit mantl.com or follow MANTL on LinkedIn. Media Relations ContactsVested[email protected] Marla Pieton[email protected] SOURCE Alkami Technology, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News