Alkami Remains #1 Digital Banking Solution for Credit Unions and Is Now Fastest-Growing Digital Banking Solution for Banks
Alkami Technology (Nasdaq: ALKT) announced that FI Navigator data ranks Alkami as the top digital banking solution for credit unions in the U.S., measured by the number of retail mobile banking enrolled users.
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Rhea-AI Summary
Alkami Technology (Nasdaq: ALKT) announced that FI Navigator data ranks Alkami as the top digital banking solution for credit unions in the U.S., measured by the number of retail mobile banking enrolled users. FI Navigator also ranks Alkami as the fastest-growing digital banking solution for banks based on net market growth in retail mobile banking client count and deposit accounts.
According to FI Navigator data cited by Alkami, credit unions using Alkami Digital Banking for five or more years achieved higher growth than national peer groups, including 1.3x asset growth, 1.9x deposit account growth, 2x member growth, 1.7x deposit balance growth, 1.4x revenue growth, and 1.4x loan growth.
Details
News Market Reaction – ALKT
On Aug 25, the day this news came out, ALKT closed 0.89% below the previous close.
Data tracked by StockTitan Argus for the Aug 25 session.
Key Figures
- Alkami tenure
- five or more years
- Credit unions using Alkami Digital Banking
- Asset growth
- 1.3x
- Credit unions on Alkami for five or more years vs. national peer groups
- Deposit account growth
- 1.9x
- Credit unions on Alkami for five or more years vs. national peer groups
- Member growth
- 2x
- Credit unions on Alkami for five or more years vs. national peer groups
- Deposit balance growth
- 1.7x
- Credit unions on Alkami for five or more years vs. national peer groups
- Revenue growth
- 1.4x
- Credit unions on Alkami for five or more years vs. national peer groups
- Loan growth
- 1.4x
- Credit unions on Alkami for five or more years vs. national peer groups
Historical Context
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Strata selected Alkami to modernize consumer digital banking and support a mobile-first strategy.
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Registration opened for Alkami Co:lab 2027, an annual banking technology conference.
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Arkatechture integration enriched transaction data to support institution decision-making and audience segmentation.
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Plaid integration reported stronger onboarding conversion and high instant-authentication eligibility.
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Q2 revenue increased while net loss narrowed and Adjusted EBITDA rose.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FI Navigator data shows credit unions on Alkami outperform peer groups
across key growth metrics
"Digital banking has become foundational to a financial institution's growth strategy," said Alex Shootman, chief executive officer at Alkami. "The FI Navigator data reflects the confidence our clients place in Alkami as a strategic technology partner and reinforces that both banks and credit unions partnering with Alkami are positioning themselves to compete more effectively. We are committed to helping financial institutions turn digital capabilities into a sustainable competitive advantage."
FI Navigator data also shows that credit unions that have been on Alkami Digital Banking for five or more years outperform national peer groups across key growth metrics. These credit unions achieved 1.3x asset growth, 1.9x deposit account growth, 2x member growth, 1.7x deposit balance growth, 1.4x revenue growth, and 1.4x loan growth compared to peer groups.
"At FI Navigator, our mission is to provide financial institutions and their partners with business insights that inform strategic decisions, from profitability and franchise growth to risk management and product development," said Curry Pelot, chief information officer and founder at FI Navigator. "Alkami's continued leadership in credit union market share and momentum in the bank market highlight the value of a digital banking platform that helps financial institutions grow, compete, and better serve their account holders."
Through its Platform, Alkami brings together onboarding and account opening, digital banking, data and marketing, business banking, payment security, and an ecosystem of integrated partner capabilities to help institutions act on data, improve the account holder experience, and drive measurable growth.
To learn more about Anticipatory Banking and the Alkami Digital Sales & Service Platform, visit here.
About Alkami
Alkami provides a digital sales and service platform for U.S. banks and credit unions. Our unified Platform integrates onboarding, digital banking, and data and marketing—each solution can stand alone, but together they deliver more—to help institutions onboard, engage, and grow relationships. As the future shifts toward Anticipatory Banking, we help data-informed bankers meet the moment with technology that drives action.
Media Relations Contacts
Vested
alkami@fullyvested.com
Marla Pieton
marla.pieton@alkami.com
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SOURCE Alkami Technology, Inc.
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