Alkami Technology (ALKT) Announces New Partnership Between MANTL and FVSBank

Alkami Technology, Inc. (NASDAQ:ALKT) is one of the best small cap tech stocks to buy according to hedge funds. Alkami Technology, Inc. (NASDAQ:ALKT) announced on May 19 a new partnership between MANTL and FVSBank through which MANTL will help FVSBank in modernizing its deposit account opening process. MANTL is an Alkami solution team and a provider of loan and deposit account opening technology, while FVSBank is a mutual bank headquartered in Fond du Lac, Wisconsin. The partnership will help improve customer and employee experiences, accelerate deposit growth, and streamline operations across the institution.

Is Alkami Technology Inc. (ALKT) the Tech Stock with Best Earnings Growth in 2025?

Alkami Technology, Inc. (NASDAQ:ALKT) further reported that through MANTL, FVSBank will be able to automate over 85% of application decisions, which include Anti-Money Laundering, Know Your Customer, and Bank Secrecy Act, along with product setup, funding, and core booking. This would help elevate operational efficiency and reduce manual intervention.

In a separate development, Alkami Technology, Inc. (NASDAQ:ALKT) announced a partnership between MANTL and Sturgis Bank, a community bank serving Michigan, through which Sturgis Bank will modernize onboarding across all physical and digital banking channels.

Alkami Technology, Inc. (NASDAQ:ALKT) provides digital banking software solutions to banks, credit unions, credit union service organizations, and service bureaus.

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