Grow Financial Credit Union Chooses MANTL to Elevate the Member Experience
Alkami Technology (Nasdaq: ALKT) announced that Grow Financial Credit Union is expanding its use of Alkami's platform by adopting MANTL's Onboarding & Account Opening Solution.
Rhea-AI Summary
Alkami Technology (Nasdaq: ALKT) announced that Grow Financial Credit Union is expanding its use of Alkami's platform by adopting MANTL's Onboarding & Account Opening Solution. The integration aims to streamline retail account opening across digital and branch channels, enabling new deposit accounts online in five minutes or less and in-branch within ten minutes, while allowing existing members to open additional accounts in a few clicks. Alkami says the move will reduce member friction, improve staff efficiency, and unify account opening with its digital banking experience. Alkami noted J.D. Power certifications for its mobile banking platform in 2024 and 2025.
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Details
News Market Reaction – ALKT
On Jan 21, the day this news came out, ALKT closed 0.56% below the previous close.
Data tracked by StockTitan Argus for the Jan 21 session.
Key Figures
- Online account opening time
- 5 minutes or less
- Target for new retail deposit account opening online with MANTL
- In-branch account opening time
- 10 minutes
- Target for new retail deposit account opening in-branch with MANTL
- Q3 2025 revenue
- $112.954M
- Quarterly revenue in Q3 2025 10-Q
- Prior-year Q3 revenue
- $85.906M
- Q3 revenue a year earlier per 10-Q
- Q3 2025 net loss
- $14.804M (or $0.14/share)
- Net loss reported in Q3 2025 10-Q
- MANTL acquisition value
- approximately $375M
- Purchase price net of cash acquired, closed March 2025
- Remaining performance obligations
- about $1.6B
- RPO balance as of Sept 30, 2025
- Convertible notes issued
- $345M at 1.50%
- Convertible senior notes due 2030 from Q3 2025 10-Q
Historical Context
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Citizens State Bank expanded use of MANTL for unified account opening.
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Introduced One-Click SDK Manager for simplified deployment workflows.
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Clarified details on the One-Click SDK Manager announcement.
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Outlined Co:lab 2026 agenda focused on digital banking trends.
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Reported over 500 institutions live on Positive Pay solutions.
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.
Addition of MANTL's Onboarding & Account Opening Solution will streamline retail account opening across channels
"At Grow Financial, our goal is to make banking easier and more intuitive for our members," said Jared Barr, chief experience officer at Grow Financial. "We're focused on removing friction, leveraging data intelligently, and ensuring that members never have to provide information we already know. The integration of MANTL into the Alkami Platform will help us deliver on that promise while supporting our vision for a truly connected experience."
For Grow Financial, the adoption of MANTL is part of a larger effort to align technology and strategy around the member experience. The credit union's goal is to create a consistent, seamless process that meets members where they are, whether online, in the branch, or in the field. With MANTL, Grow Financial will empower retail members to open a new deposit account in five minutes or less online, and within ten minutes in-branch. Existing Grow Financial members will be able to open additional accounts in just a few clicks. This alignment also supports internal efficiencies, helping staff provide faster, more informed service while maintaining a personal connection.
"Grow Financial exemplifies the forward-thinking institutions redefining digital banking," said Taylor Adkins, vice president, product management at Alkami. "By adopting MANTL within the Alkami Platform, they are unifying account opening and digital banking into a single experience. We are proud to partner with such an innovative credit union that continues to push the boundaries of what's possible."
To learn more about Anticipatory Banking and the Alkami Digital Sales & Service Platform, visit here.
Alkami has been certified by J.D. Power in 2024 and 2025 for providing "An Outstanding Mobile Banking Platform Experience."1
About Alkami
Alkami provides a digital sales and service platform for
About Grow Financial
Grow Financial is a not-for-profit credit union working for the benefit of their members, not for corporate stockholders. They provide a comprehensive array of personal and business banking services to nearly 300,000 members across 26 stores in West Central Florida and
Media Relations Contacts
Vested
alkami@fullyvested.com
Marla Pieton
marla.pieton@alkami.com
1J.D. Power 2025 Mobile App Platform Certification ProgramSM recognition is based on successful completion of an audit and exceeding a customer experience benchmark through a survey of recent servicing interactions. For more information, visit www.jdpower.com/awards. | |||||||||||
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SOURCE Alkami Technology, Inc.
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