ALKT
Another ‘make onboarding less annoying’ deal
Alkami Technology is back in partnership mode, this time linking up with MANTL to help Sturgis Bank modernize business and retail account opening across its 16-branch footprint. Translation: fewer clunky forms, less waiting around, and a smoother path from “I’m interested” to “here’s my deposit.”
Why investors should care
Digital banking isn’t just about looking sleek on a dashboard. It’s about winning deposits, keeping customers from bouncing halfway through signup, and making branch networks feel a lot more like a unified machine instead of 16 separate islands.
For Alkami, deals like this matter because they show the platform can plug into real-world banking operations and solve a very expensive problem: friction. When a bank can open accounts faster across channels, that can mean:
- more deposits coming in the door
- better conversion from online and in-branch traffic
- a stronger case for adopting more of Alkami’s platform over time
The bigger picture
This isn’t a headline-grabbing mega-merger or a moonshot product launch. But it is the kind of bread-and-butter partnership that can quietly expand Alkami’s footprint in the digital banking stack. In other words, not fireworks — more like the plumbing that helps the whole house run better.
Big picture: if Alkami keeps landing these workflow-focused bank partnerships, it strengthens the story that its software is becoming a must-have layer for institutions trying to grow deposits without making customers feel like they’ve time-traveled back to 2009.