Mantl Raises $40M To Help Legacy Banks Transition To Digital

by venturebeat.com posted 5months ago 36 views
Mantl, a startup developing a platform to bring legacy banks online, has raised $40 million in venture capital funding. : Mantl, a New York-based digital account-opening solution for legacy banks and credit unions, today announced that it closed a $40 million series B funding round. The company says it’ll use the capital to hire new talent and expand its product suite, with a particular eye toward developing solutions that improve and digitize the onboarding experience for businesses. It’s estimated that community banks and credit unions make up 95% of all banking institutions.

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