Quontic Bank Streamlines the Customer Journey From Account Opening Through Digital Banking with Alkami
Alkami Technology (Nasdaq: ALKT) announced a new case study highlighting how Quontic Bank is using Alkami's Digital Banking Platform integrated with MANTL to streamline the journey from account application through onboarding and ongoing digital banking.
Rhea-AI Summary
Alkami Technology (Nasdaq: ALKT) announced a new case study highlighting how Quontic Bank is using Alkami's Digital Banking Platform integrated with MANTL to streamline the journey from account application through onboarding and ongoing digital banking.
According to Alkami, within less than three months of implementing the integrated experience, Quontic increased account opening-to-digital banking registration from about 53% to the mid-70% range and doubled the number of post-account opening services requested. Prior to this integration, Quontic reported a 4.8 App Store rating, more than $800 million in deposits raised, about 94% automated application decisions, sub-three-minute account opening times, and approximately 1,000 new customer relationships created monthly, with some months reaching 5,000.
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News Market Reaction – ALKT
In the Jul 23 session, ALKT declined 1.21%, reflecting a mild negative market reaction. Argus tracked a peak move of +13.4% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Registration conversion
- approximately 53% to the mid-70% range
- Less than three months after the integrated experience was implemented
- Post-account opening services
- doubled
- Services requested after account opening
- App Store rating
- 4.8
- Quontic prior results
- Deposits raised
- more than $800 million
- Quontic prior results
- Automated application decisions
- approximately 94%
- Quontic prior results
- Account opening time
- sub-three-minute
- Quontic prior results
- New customer relationships
- approximately 1,000 per month; 5,000 in some high-growth months
- Quontic prior results
Historical Context
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Behavioral-data webinar announcement preceded a 5.29% negative 24-hour price reaction.
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Second-quarter results date announcement preceded a 3.51% negative 24-hour price reaction.
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MANTL deposit-growth webinar announcement preceded a 0.11% positive 24-hour price reaction.
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MANTL loan-origination customer results preceded a 4.43% negative 24-hour price reaction.
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MANTL surpassed $40 billion in deposits raised, preceding a 6.59% gain.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
beta cohort technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
New case study reveals how Quontic Bank is leveraging Alkami's integrated capabilities to increase digital banking activation, accelerate customer engagement, and drive long-term relationship growth
A new case study reveals how Quontic is building on years of success with Alkami and MANTL by extending that value across the entire account holder lifecycle. Less than three months after implementing Alkami's integrated experience, Quontic increased account opening-to-digital banking registration from approximately
"We were already using both Platforms, so connecting them into a single, integrated experience created the seamless digital journey we'd always envisioned for our customers. What excites us most is the ability to take an account holder from onboarding directly into online banking without missing a beat. Customers now move seamlessly from one experience to the next, with their data and relationship carrying forward every step of the way," said Grace Pace, senior vice president of digital banking at Quontic Bank. "That's a game changer—not just for the customer experience, but for our operations as well. Just as importantly, Alkami shares the same innovative mindset and ability to move quickly alongside us, giving us the confidence that we'll continue delivering a best-in-class digital experience that's truly differentiated in the market."
The integrated experience represents the next phase of Quontic's successful partnership with Alkami. Prior to the integration, the bank had already achieved measurable results across acquisition, operational efficiency, and customer experience, including:
- A 4.8 App Store rating
- More than
$800 million - Approximately
94% of application decisions automated - A sub-three-minute account opening time
- Approximately 1,000 new customer relationships created each month, with some high-growth months reaching 5,000
Quontic has played a vital role in shaping the depth of integration between MANTL and Alkami's Digital Banking Platform through its participation in a beta cohort focused on creating a more unified experience across onboarding, activation, digital banking, and relationship growth—all formative components of The Digital Sales & Service Platform.
"From the beginning, we built these integrated capabilities alongside our customers, taking their feedback and real-world experiences to create a single journey without friction from account opening through digital banking to fuel long-term relationship growth," said Stephen Bohanon, founder and chief strategy officer at Alkami. "By bringing together Alkami and MANTL on a unified Platform, we are helping financial institutions turn more new account holders into highly engaged digital users from their very first interaction. Quontic's early results reinforce what we've long believed, which is that stronger digital engagement is a leading indicator of stronger relationships and better financial outcomes."
To read how Quontic Bank uses Alkami's Platform to power a digital-only banking experience, visit here.
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
About Quontic Bank
Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic's innovative banking platform reimagines traditional banking with adaptive lending and innovative deposit products that transcend legacy banking inequities. Quontic's mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. The bank focuses on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach.
Quontic is a privately held company based in New York, New York.
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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