Alkami Technology ( (ALKT) ) has shared an update.
On February 27, 2025, Alkami Technology announced its agreement to acquire MANTL, a company specializing in onboarding and account opening solutions for financial institutions, for $400 million. This acquisition aims to enhance Alkami’s digital banking platform, positioning it as a leading digital sales and service platform in the industry. Additionally, Alkami reported strong financial performance for the fourth quarter of 2024, with significant revenue growth and improved profitability, and expects the acquisition to contribute positively to its financial results in the coming years.
More about Alkami Technology
Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the United States, offering services that include retail and business banking, digital account opening, payment security, and data and marketing solutions.
YTD Price Performance: -20.05%
Average Trading Volume: 656,356
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.96B
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