NEW YORK – May 17, 2022 – MANTL, a leading digital account opening solution for banks and credit unions, today announced that it was named the winner of a Silver Stevie® Award in the Fastest Growing Tech Company of the Year category in The 20th Annual American Business Awards® today.
MANTL is one of the fastest-growing companies in fintech with a proven track record of customer growth, employee growth and industry demand for its expanding product suite. MANTL grew its customer base significantly in 2021, doubling net new clients in 2021 over 2020. MANTL also surpassed the $5B milestone of deposits raised by its customers in 2021. Due to the success of its consumer product and the demand for seamless business account opening, MANTL launched Business Deposit Origination by MANTL in January 2022. Q4 2021 was the best sales quarter in company history fueled by demand for this business solution throughout its soft launch.
“MANTL has experienced tremendous growth precisely because of the high value we place on performance and economic results, which vendors have not delivered in the space,” said Nathaniel Harley, co-founder and CEO of MANTL. “MANTL provides community banks and credit unions with truly competitive digital experiences that rival neobanks and fintechs, proving that these institutions can compete online with the right technology.”
The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S. are eligible to submit nominations — public and private, for-profit and non-profit, large and small. More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, Best New Product or Service of the Year, Marketing Campaign of the Year, Thought Leader of the Year, and App of the Year, among others.
This recognition is the latest in a series of award wins for MANTL. Most recently, MANTL won “Best Banking Infrastructure Software” Award in 2022 FinTech Breakthrough Awards. The company has also been recognized as one of the Best Places to Work in New York City for 2021 by Crain’s New York Business, a 100 Best Midsize Companies to Work for in NYC in 2022 by BuiltIn and one of America’s Best Startup Employers in 2022 by Forbes.
Details about The American Business Awards and the list of 2022 Stevie winners are available at www.StevieAwards.com/ABA. For more information on MANTL, please visit www.mantl.com.
MANTL is a banking technology firm offering account opening software that empowers banks and credit unions to open deposit accounts from anywhere, on any device and at any time. Consumer Deposit Origination by MANTL is among the fastest and most performant solutions on the market: on average, people can open accounts through the white-labeled software in less than three minutes. The system automates application decisioning for over 90% of cases, all while reducing fraud by over 60%. Business Deposit Origination by MANTL reimagines account opening for businesses of all sizes to improve operational efficiency, agility and customer satisfaction. MANTL’s customers have raised billions in core deposits to date. 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.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.
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