New York City based Fin Technologies dba MANTL is raising $80,202,721.00 in New Equity Investment.
New York, NY – According to filings with the U.S. Securities and Exchange Commission, Fin Technologies dba MANTL is raising $80,202,721.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Nathaniel Harley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Fin Technologies dba MANTL
MANTL is an enterprise SaaS company helping traditional financial institutions modernize and grow. Our mission is to expand access to financial services. We are tackling the biggest challenge limiting the modernization of the U.S. banking system: legacy infrastructure. Our software transforms the cost structures of banks and credit unions empowering growth that’s up to 10x more cost-effective than building a brick-and-mortar branch. MANTLs white-labeled account opening platform enables people to open deposit accounts on any device in roughly 2 minutes and 37 seconds. MANTL began as a challenger bank when an aha moment inspired the founders to pivot from competing to partnering with banks to deploy its technology at scale. We help community institutions raise billions of dollars in core deposits each year and are proving that they can compete online with the right set of tools. MANTL is a privately held company headquartered in New York with the backing of such prominent investors as Alphabets CapitalG, Point72Ventures and D1 Capital Partners.
To learn more about Fin Technologies dba MANTL, visit http://www.mantl.com/
Contact:
Nathaniel Harley, Chief Executive Officer
nathaniel@mantl.com
https://www.linkedin.com/in/nathanielharley/
SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved