Alkami Technology, Inc. announced that Harvard Federal Credit Union has chosen its MANTL Onboarding & Account Opening Solution, adding a new client in the credit‑union market and expanding Alkami’s presence in a key segment.
The MANTL platform delivers a frictionless, automated account‑opening experience that can handle more than 85 % of application decisions, including KYC, AML, BSA checks, product ordering, funding, and core booking. The partnership gives Harvard FCU a seamless, omnichannel experience across online, mobile, and branch channels.
The deal adds recurring subscription revenue and implementation fees to Alkami’s pipeline, reinforcing the value of its integrated digital sales and service platform that combines onboarding, digital banking, and data‑analytics capabilities. It is a tangible illustration of Alkami’s strategy to capture the full customer lifecycle for financial institutions.
Alkami acquired MANTL in March 2025 for $400 million, a move that positioned the company as a leading digital sales and service platform. The Harvard FCU win demonstrates the traction of the combined platform and supports Alkami’s broader growth objectives in the community‑bank and credit‑union segments. CEO Alex Shootman said the partnership “reinforces our strategy to capture the full customer lifecycle for financial institutions.”
In Q3 2025, Alkami reported a GAAP net loss of $7.6 million, a modest improvement from the prior year, while revenue growth remained strong. The new client win adds recurring revenue that will help offset the company’s investment‑heavy growth phase and is expected to contribute to Alkami’s recurring revenue stream.
The addition of Harvard FCU underscores Alkami’s expanding footprint in the credit‑union market and signals continued traction for its MANTL platform, positioning the company for further growth in the digital banking space.
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