Digital banks open more new accounts than mega banks
Quontic Bank added more than $150M in deposits with Mantl
Digital Quontic Bank is tapping digital banking platform Alkami and account origination solution Mantl, bringing in more than $150 million in deposits in 2024 — and it’s not the only digital bank gaining deposits through origination solutions.
In fact, digital banks lead other financial institutions in percentage of checking accounts opened, Taylor Adkins, vice president of product management at digital banking platform provider Alkami, said during a webinar presented by the banking platform on May 20.
Forty-four percent of new accounts opened in 2024 were at digital banks, more than at credit unions, community banks, regional banks and mega banks, according to Alkami’s 2025 Digital Banking Performance Metrics report surveying 98 FIs.
(Courtesy/Bank Automation News)
Other digital banks tapping Mantl’s account origination solution include $9.6 billion ConnectOne Bank and $835 million Grasshopper Bank.
