“Can a best-in-class digital account origination platform for community banks become the unified growth engine for deposits and loans across the entire community banking sector?”
Founded in 2016 as a digital account-opening tool specifically targeting community banks and credit unions — earning the label 'the Shopify of account opening.' The company expanded from consumer deposit origination to business deposit origination, then in December 2024 added loan origination to create a unified front door for all account types. In February 2025, Alkami Technology acquired MANTL for $400M, integrating it into a broader digital banking platform while maintaining it as a distinct business unit.
MANTL connects to bank accounts through Plaid.
MANTL uses Taktile for fraud prevention.
The Embedded Finance Index 2026 maps 3 layers in MANTL's stack: Lending (Consumer Deposit Origination, Business Deposit Origination, Consumer Loan Origination, Business Loan Origination and 1 other); Open banking (Plaid); Fraud (Taktile).
MANTL was founded by Nathaniel Harley and Benjamin Conant and is founded in 2016, headquartered in Jersey City, NJ (New York metro).
MANTL has raised ~$50M+ (pre-acquisition) in total (latest round: Series B, 2022; valuation: Acquired by Alkami Technology for $400M (2025)).
Get a read on where your own stack stands against MANTL and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.