Leading provider of account origination services is committed to helping banks and credit unions modernize and grow

New York, NY – Sept. 19, 2024 – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced MANTL as its newest member. Founded in 2016, MANTL provides account origination software for banks and credit unions across the country to bridge the gap between online and in-person services, allowing financial institutions to optimize customer experience and increase operational efficiency. With a focus on streamlining access to financial services, MANTL joins a community of like-minded companies driving the future of customer-first banking at AFC.

“MANTL is passionate about helping banks and credit unions modernize and grow, ensuring a competitive, accessible, and equitable banking landscape where local communities flourish,” said Phil Goldfeder, Chief Executive Officer of AFC. “MANTL’s commitment to innovation and providing best-in-class business and retail deposit account opening technology ensures that banks and credit unions are well-positioned to succeed in today’s digital-first environment. We are proud to welcome MANTL as our newest member and look forward to advancing our collective mission of transforming the financial services landscape to allow innovative, community-focused organizations to thrive.”

With MANTL’s omnichannel technology, banks and credit unions can open consumer and business deposit accounts from anywhere, at any time. MANTL seamlessly integrates with all major core banking systems and empowers financial institutions to quickly onboard new customers and raise deposits at scale while dramatically improving operational efficiency and customer experience. 

“We believe in a future where American banks and credit unions are at the forefront of global innovation,” said Nathaniel Harley, co-founder and CEO of MANTL. “MANTL is excited to join the American Fintech Council and work with like-minded companies committed to fostering innovation, promoting equitable banking, and empowering banks and credit unions to better serve their communities.” 

A standards-based organization, AFC is the premier trade association representing the largest financial technology (Fintech) companies and innovative BaaS banks. AFC’s mission is to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

For more information on MANTL, please visit: https://www.mantl.com/

About MANTL

MANTL is a financial technology firm offering omnichannel account origination software for banks and credit unions. Consumer Deposit Origination by MANTL is among the fastest and most performant solutions on the market, empowering net-new prospects to open accounts in under three minutes, enabling existing account holders to open additional accounts with just one click, and reducing fraud by as much as 67%. Business Deposit Origination by MANTL is a first-of-its-kind solution that reimagines account opening for businesses of all sizes by automating up to 97% of application decisions. MANTL customers raise billions in core deposits each month. Founded in 2016, MANTL is a privately held company headquartered in New York with the backing of prominent venture capital investors. For more information, visit mantl.com or follow MANTL on LinkedIn.