MANTL Surpasses $40 Billion in Deposits Raised on Platform, Saves Over 1 Million Hours on Account Opening

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Summary · why it matters

MANTL, an Alkami solution team, has helped financial institutions raise over $40 billion in deposits on its platform while saving more than 1 million hours across account opening workflows. The average time to open a new retail deposit account with MANTL is under five minutes, three times faster than the industry average, and the average time for a new business deposit account is approximately ten minutes, more than 23 times faster than the industry benchmark. These milestones demonstrate how modern account opening technology can accelerate deposit growth and improve operational efficiency for banks and credit unions. MANTL has released dozens of new features and enhancements in 2026, including Application Comments, Bulk Account/Share Opening, Joint Owner Applications, and Multi-Authorized Signer Applications, all designed to streamline branch operations and reduce manual work.

Impact on assets 1

Cloud & Digital Infrastructure▲ · 1 stocks
Alkami Technology Inc
ALKT
▲ PositiveDemandTechnologyrelevance

MANTL, an Alkami solution team, achieved $40B deposits and 1M hours saved, demonstrating strong demand for its account opening platform.

Off-coverage companies 1

MANTLPrivate▲ Positive
Demandrelevance

MANTL, the subject of the article, surpassed $40B in deposits raised and saved over 1M hours, showing strong product adoption.