Company Insights

ALKT customer relationships

Explore interactive graphBrowse insights index

ALKT customers relationship map

Alkami (ALKT) customer map — what recent wins tell investors about growth and unit economics

Alkami is a U.S.-focused cloud provider that sells a digital banking platform primarily on multi‑year, subscription contracts to community, regional and super‑regional banks and credit unions; the company monetizes through recurring SaaS fees (per‑registered‑user and minimum commitments), usage overages and professional services tied to onboarding and integrations. Recent 2026 announcements show Alkami executing a cross‑sell strategy (platform + MANTL onboarding + data/marketing) that drives incremental ARR while keeping revenue exposure concentrated in U.S. FIs. For a deeper view of client-level signals, visit https://nullexposure.com/.

New go‑lives and product expansions — the client list that moved the needle in 2026

Below are every client relationship surfaced in the public record for the FY2026 window, with a concise plain‑English takeaway and a short source pointer.

  • BankCherokee — BankCherokee launched Alkami’s Digital Banking Platform to upgrade retail and business digital experiences; the go‑live was reported in March 2026 press coverage. Source: Yahoo Finance / Markets FT announcements, March 2026.
  • State Bank of Texas — State Bank of Texas went live on Alkami’s platform, a marquee bank win cited in Alkami press releases and earnings notices in February–March 2026. Source: PR Newswire and company earnings briefs, Feb–Mar 2026.
  • Grow Financial Credit Union — Grow Financial expanded its partnership by adopting Alkami’s MANTL onboarding and account opening solution to accelerate omni‑channel acquisition. Source: Sahm Capital / MarketScreener coverage, Jan–Mar 2026.
  • CO‑OP eCom, LLC — CO‑OP eCom is referenced in ALKT’s public filings as a bill pay service reseller under a longstanding agreement (dated June 28, 2013), establishing a reseller channel for Alkami’s payments capabilities. Source: ALKT SEC filing excerpts (reported via StockTitan), FY2026/10‑K material.
  • Patelco Credit Union — Patelco participated in early testing of Alkami Code Studio (GenAI tooling), indicating customer collaboration on new developer/automation products. Source: PR Newswire / Morningstar coverage, April 2026.
  • Clear Mountain Bank — Clear Mountain launched Alkami’s Digital Banking Platform and expanded use of Alkami Data & Marketing, representing a platform + analytics cross‑sell. Source: Company PR and sector briefs, Mar 2026.
  • Harvard Federal Credit Union — Harvard Federal unified end‑to‑end member experience on Alkami’s Digital Sales & Service Platform, a sign of platform adoption across member‑centric FIs. Source: MarketScreener / sector summaries, Jan–Mar 2026.
  • iQ Credit Union — iQ credited Alkami’s Stage Match tooling with materially shortening development and deployment cycles, demonstrating the operational benefit of Alkami’s delivery tooling. Source: StockTitan news on product updates, Mar 2026.
  • Rhinebeck Bank — Rhinebeck partnered with MANTL (an Alkami solution team) to modernize retail and business account opening across channels. Source: StockTitan / company notices, Mar–Apr 2026.
  • The Atlantic Federal Credit Union — The Atlantic Federal expanded or deployed MANTL onboarding capabilities as part of recent product rollouts. Source: SimplyWall.st / Sahm Capital coverage, Jan–Mar 2026.
  • Empower Federal Credit Union — Empower selected MANTL’s onboarding suite to streamline omnichannel account opening integrated with Alkami’s platform. Source: SimplyWall.st / StockTitan reporting, Mar 2026.
  • Mountain America Credit Union — Mountain America adopted Alkami Engage for behavioral insight and personalization, underscoring demand for analytics tied to the platform. Source: FinViz / StockTitan coverage of product launch, May 2026.
  • Westmark Credit Union — Westmark highlighted faster alignment between local and staging environments via Alkami’s Stage Match, pointing to reduced UAT friction. Source: StockTitan product update, Mar 2026.
  • Tradition Capital Bank — Tradition Capital’s treasury exec commented that Alkami’s Nacha Preferred Partner status reinforces the platform’s ACH and fraud toolset for commercial clients. Source: StockTitan reporting on Nacha partnership, Mar 2026.
  • Amplify Credit Union — Amplify partnered with MANTL to modernize business and consumer onboarding, reflecting demand for Alkami’s integrated account opening stack. Source: Sahm Capital / StockTitan, Feb–Mar 2026.
  • Austin Telco Federal Credit Union (Austin Telco FCU) — Austin Telco used Alkami’s platform with MANTL account opening to accelerate retail onboarding across channels. Source: StockTitan press summaries, Mar 2026.
  • Aloha Pacific Federal Credit Union — Aloha Pacific collaborated with MANTL to modernize account opening and deposit origination, a geographically diverse credit‑union client for Alkami. Source: StockTitan and Sahm Capital reporting, Apr 2026.
  • Method Financial — MANTL partnered with Method Financial to add real‑time liability data into lending workflows, illustrating third‑party integrations embedded in Alkami’s ecosystem. Source: Amplify partnership reporting via StockTitan, Mar 2026.
  • Belco Community Credit Union — Belco expanded its Alkami relationship to boost digital adoption, an example of expansion within an existing client account. Source: StockTitan coverage of MANTL expansion, Mar 2026.
  • Citizens State Bank — Citizens State Bank adopted MANTL to modernize and automate account opening, reinforcing Alkami’s focus on onboarding automation. Source: StockTitan reporting, Mar 2026.
  • Financial Plus Credit Union — Financial Plus won a tech award tied to onboarding efficiency using MANTL, highlighting measurable operations improvements for clients. Source: StockTitan / Sahm Capital coverage, Mar 2026.
  • Alloy / AYSI — Alloy is cited as a collaborator in MANTL integrations (in some partner listings), indicating partner orchestration for identity and risk capabilities; the dataset maps Alloy with ticker AYSI in partner notices. Source: StockTitan partner summaries, Mar 2026.

What these relationships collectively reveal about Alkami’s operating model

  • Subscriptioned, long‑term commercial posture. Alkami’s revenue is driven by multi‑year subscription contracts, with the company reporting an average contract life of roughly 70 months as of Dec 31, 2024 — a structural advantage for predictable ARR and customer lifetime value. Source: ALKT investor filings (FY2024 disclosures).
  • SaaS‑first economics with usage layers. The business is SaaS-centric (95%+ of revenue in recent years came from SaaS subscriptions) and uses a per‑registered‑user pricing model with incremental usage fees above contractual minimums, creating upside as clients scale digital adoption. Source: ALKT filings (revenue mix and pricing language).
  • U.S. concentration and customer profile. Alkami sells almost exclusively to U.S. banks and credit unions, focusing on community and regional FIs where platform replacement and cross‑sell (MANTL onboarding, data & marketing) are strategic levers. Source: ALKT disclosures on geography and target market.
  • Service provider with reseller channel. Alkami is a cloud SaaS service provider that also leverages reseller relationships (notably a stated CO‑OP eCom bill pay reseller agreement), which diversifies routes to market for specific services. Source: ALKT SEC filing excerpt naming CO‑OP eCom (2013 agreement).
  • Product maturity and cross‑sell cadence. Client announcements show Alkami selling core platform plus adjacent offerings (MANTL onboarding, Stage Match, Engage, Code Studio), signaling a mature platform strategy that emphasizes cross‑sell to expand customer lifetime value. Source: multiple product and client press releases, Jan–May 2026.

Investment takeaway

Alkami’s FY2026 client activity confirms the company’s repeatable motion: multi‑year SaaS contracts with U.S. banks and credit unions, monetized through per‑user subscriptions plus usage and services, and expanded via targeted cross‑sell of onboarding and analytics products. The operating model delivers predictable recurring revenue and clear expansion levers, but investors should continue to track net‑new conversion velocity and the cadence of large‑bank or super‑regional adoption to validate scale economics. For a granular, searchable view of the customer signals that drive that assessment, explore the full product at https://nullexposure.com/.

Bold takeaways: multi‑year subscription base, platform + onboarding cross‑sells drive expansion, U.S. bank/credit union concentration, and measurable operational benefits for customers (faster onboarding, fewer deployment failures) — all visible in the client roster and company disclosures across early 2026 announcements.

Join our Discord