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(Nasdaq: ALKT) said its MANTL platform has surpassed $40 billion in total deposits raised and has helped financial institutions eliminate more than one million hours of account-opening labor.
The Plano, Texas-based company made the announcement June 30, 2026, framing the dual milestone as evidence that digital account-opening technology can move the needle on both revenue and cost simultaneously.
Deposits as the Scoreboard The $40 billion figure is the metric that will draw attention from bank and credit union executives, because deposit growth is the feedstock for lending.
Account-opening software has traditionally been sold on friction reduction and abandonment rates — customer-facing metrics that are real but indirect.
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