COMPANY PROFILE

Mantl

Offers the best bank account opening software for banks and credit unions to transform the cost structures of banks and credit unions – empowering growth

New York City, United StatesFounded 2016Fintech

Valuation $250–500M Last recorded · 2025

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Mantl

MANTL is a fintech startup that provides a seamless and efficient platform for financial institutions to onboard new and existing customers. The company operates in the financial technology market, serving a broad range of clients, including banks and other financial institutions.

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MANTL's platform integrates fully with all core banking systems and other leading fintech platforms. This integration capability allows financial institutions to streamline their operations, reduce friction, and eliminate duplication of processes. The platform uses over 30 data sources to automate more than 90% of Know Your Customer (KYC) decisions, which are necessary checks to verify the identity of clients. This automation significantly reduces the time and effort required for manual reviews.

The company's business model is based on providing its platform to financial institutions, likely on a subscription or usage-based pricing model. This means that MANTL generates revenue by charging its clients for using its platform.

MANTL also offers the ability to instantly change risk thresholds, underwriting standards, product rates, and mix. This flexibility allows financial institutions to adapt quickly to changes in the market or their business needs.

The company has been recognized as one of the Best Places to Work in Financial Technology by American Banker for two consecutive years. It also complies with industry-standard controls such as SOC I, SOC II (Type 2), and PCI DSS, which are standards for managing customer data securely.

Source: Dealroom company data