MANTL Clients Achieve Remarkable $3 Billion in Deposits in Just Six Months
In a remarkable demonstration of growth potential, MANTL, a leading provider of technology for loan and deposit account openings, announced that its clients have successfully raised over $3 billion in deposits within the first six months of 2025. This significant achievement highlights how financial institutions can capitalize on existing customer relationships to achieve low-cost and sustainable growth.
MANTL's sophisticated platform enables financial institutions to deepen customer engagement through omnichannel account opening technology. In this period alone, clients of MANTL opened nearly 130,000 new deposit accounts belonging to existing customers, with an impressive average funding of over $24,000 per account. Notably, nine institutions managed to gather upwards of $100 million in deposits each from their current account holders, underscoring the effectiveness of utilizing MANTL's services to invigorate existing banking relationships.
Nathaniel Harley, co-founder and president of MANTL, expressed optimism about the future, stating, "MANTL clients are on track to raise more deposits in 2025 than in any other year. We have built our reputation as the most efficient growth engine in this industry. However, in today’s competitive landscape, retaining existing deposits and enhancing long-standing relationships are as vital as acquiring new customers."
MANTL’s Deposit Origination not only simplifies account opening but does so with speed and efficiency, allowing existing customers to set up new accounts in just a few clicks. This efficiency is driven by real-time data and actionable insights that empower financial institutions to activate existing relationships, thereby increasing customer lifetime value and paving a cost-effective path to deposit growth compared with traditional acquisition strategies.
ConnectOne Bank’s Chief Corporate Development Officer, Steve Primiano, shared how MANTL has transformed their service delivery: "MANTL enhances our ability to provide an exceptional relationship banking experience. Efficiency is key to our culture, and with MANTL, we remain agile and effective as we scale operations." He noted that MANTL supports their strategic growth efforts as they explore new markets, develop new banking verticals, and strengthen relationships with current clients.
In an effort to deepen customer connections, MANTL is offering an insightful webinar titled "Turning existing relationships into results: $3B in 6 months," scheduled for September 17 at 1:00 PM CT. This session will feature industry insights from ConnectOne Bank's Primiano and David Carlson, Vice President of Sales at MANTL, showcasing how to leverage an omnichannel strategy to boost deposit growth through existing customer bases. Interested participants can register to gain firsthand knowledge from a successful MANTL partner.
About MANTL
MANTL, now an Alkami solution team, specializes in unified account origination technology, enabling banks and credit unions to facilitate loan and deposit account openings seamlessly across various banking channels. Noteworthy for its speed, MANTL’s solutions allow consumers to establish deposit accounts in under five minutes and businesses in under ten. With significant volume in core deposits raised, MANTL is redefining banking experiences for customers with efficiency and simplicity. Founded in 2016 and acquired by Alkami in March 2025, MANTL remains at the forefront of digital banking solutions in the United States. For more details about MANTL or to schedule a demo, visit mantl.com or follow their updates on LinkedIn.
MANTL's sophisticated platform enables financial institutions to deepen customer engagement through omnichannel account opening technology. In this period alone, clients of MANTL opened nearly 130,000 new deposit accounts belonging to existing customers, with an impressive average funding of over $24,000 per account. Notably, nine institutions managed to gather upwards of $100 million in deposits each from their current account holders, underscoring the effectiveness of utilizing MANTL's services to invigorate existing banking relationships.
Nathaniel Harley, co-founder and president of MANTL, expressed optimism about the future, stating, "MANTL clients are on track to raise more deposits in 2025 than in any other year. We have built our reputation as the most efficient growth engine in this industry. However, in today’s competitive landscape, retaining existing deposits and enhancing long-standing relationships are as vital as acquiring new customers."
MANTL’s Deposit Origination not only simplifies account opening but does so with speed and efficiency, allowing existing customers to set up new accounts in just a few clicks. This efficiency is driven by real-time data and actionable insights that empower financial institutions to activate existing relationships, thereby increasing customer lifetime value and paving a cost-effective path to deposit growth compared with traditional acquisition strategies.
ConnectOne Bank’s Chief Corporate Development Officer, Steve Primiano, shared how MANTL has transformed their service delivery: "MANTL enhances our ability to provide an exceptional relationship banking experience. Efficiency is key to our culture, and with MANTL, we remain agile and effective as we scale operations." He noted that MANTL supports their strategic growth efforts as they explore new markets, develop new banking verticals, and strengthen relationships with current clients.
In an effort to deepen customer connections, MANTL is offering an insightful webinar titled "Turning existing relationships into results: $3B in 6 months," scheduled for September 17 at 1:00 PM CT. This session will feature industry insights from ConnectOne Bank's Primiano and David Carlson, Vice President of Sales at MANTL, showcasing how to leverage an omnichannel strategy to boost deposit growth through existing customer bases. Interested participants can register to gain firsthand knowledge from a successful MANTL partner.
About MANTL
MANTL, now an Alkami solution team, specializes in unified account origination technology, enabling banks and credit unions to facilitate loan and deposit account openings seamlessly across various banking channels. Noteworthy for its speed, MANTL’s solutions allow consumers to establish deposit accounts in under five minutes and businesses in under ten. With significant volume in core deposits raised, MANTL is redefining banking experiences for customers with efficiency and simplicity. Founded in 2016 and acquired by Alkami in March 2025, MANTL remains at the forefront of digital banking solutions in the United States. For more details about MANTL or to schedule a demo, visit mantl.com or follow their updates on LinkedIn.
Topics Financial Services & Investing）
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