MANTL

Platform for onboarding financial institution customers

New York City, New York, United States

About MANTL

MANTL provides a platform designed to help financial institutions onboard new and existing customers efficiently. The platform integrates with core banking systems and other fintech solutions, allowing banks to streamline their operations and reduce repetitive processes. By utilizing over 30 data sources, MANTL automates more than 90% of Know Your Customer (KYC) decisions, which helps to minimize the time and effort needed for manual identity verification. Unlike many competitors, MANTL offers flexibility in adjusting risk thresholds, underwriting standards, and product rates, enabling financial institutions to respond quickly to market changes. The goal of MANTL is to enhance the customer onboarding experience while ensuring data security and compliance with industry standards.

New York City, New YorkHeadquarters
2016Year Founded
$138.6MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Unlimited Paid Time Off
Remote Work Options
Mental Health Support
Wellness Program

Risks

Increased competition in loan origination could impact MANTL's market share.
Dependency on Effectiv for fraud prevention may pose risks if the partnership ends.
Remote-first work environment may challenge company culture as MANTL scales.

Differentiation

MANTL automates over 90% of KYC decisions, reducing manual review time significantly.
The platform integrates with all core banking systems, enhancing operational efficiency.
MANTL offers instant changes to risk thresholds and product rates, providing market adaptability.

Upsides

MANTL's entry into the SBA loan market opens new revenue streams.
Partnerships with banks enhance MANTL's reputation and expand its client base.
Recognition as a top workplace attracts talent and boosts employee satisfaction.

Funding

Total raised$138.61 M
Latest valuation$401.00 M
StageLATE_VC