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Alkami Technology

Cloud-based digital banking platform for banks

Overview

Alkami Technology provides cloud-based digital banking software for banks and credit unions. Its platform covers online and mobile banking, bill payment, and personal finance tools, enabling financial institutions to offer modern digital services to customers. The product works as a subscription-based platform hosted in the cloud, delivering retail and business banking capabilities and data-driven insights to help banks improve customer engagement and performance. Alkami differentiates itself through a strong focus on data-driven client success, ethical conduct, and a supportive workplace, aiming to help financial institutions attract and retain customers. The company's goal is to enable financial institutions to deliver seamless digital experiences, improve customer satisfaction, and continuously innovate through recurring revenue.

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About Alkami Technology

Simplify's Rating
Why Alkami Technology is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFintechFinancial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Plano, TX

Founded

2009

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What believers are saying

  • Q3 2026 revenue rose 19.4% to $134.9 million, beating estimates.
  • Fidelity Bank launched MANTL Loan Origination on November 5, 2026, expanding wallet share.
  • Connexus expanded again on October 27, 2026, with digital lending driving higher product adoption.

What critics are saying

  • Gross margin fell to 63.1% in Q3 2026, squeezing operating leverage.
  • Craig Hallum cut Alkami to Hold on October 29, 2026; JPMorgan rates Underweight.
  • If banks consolidate vendors into core providers, Alkami’s platform loses standalone relevance.

What makes Alkami Technology unique

  • Alkami’s unified platform links onboarding, digital banking, data, and marketing for banks.
  • Connexus renewed after a decade, proving Alkami’s SDK and platform stickiness.
  • MANTL extends Alkami into loan origination, not just digital banking.

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Funding

Total Funding

$832.2M

Above

Industry Average

Funded Over

13 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Unlimited Paid Time Off
  • Remote Work Options
  • 401(k) Company Match

Stock Price

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
AnalystMarkets
Nov 7th, 2026
Alkami Technology (ALKT): recurring banking revenue at a value multiple.

Alkami Technology (ALKT): recurring banking revenue at a value multiple. Affected assets and topics. $ALKT REVENUE Model interpretation GPT OSS 120B (OpenRouter) · as of Nov 7, 2026 02:39 Why it matters. Alkami Technology (NASDAQ:ALKT) was highlighted as the 7th-ranked company in a published list of the 10 best small-cap value stocks, with the article noting that a recent slide in AI-related equities is prompting investors to look beyond the sector's large-cap leaders. The piece also references a Reuters report that more than 70% of S&P 500 constituents posted increases on a recent metric. * article lists Alkami Technology as 7th best small-cap value stock * slide in AI stocks is prompting investors to explore beyond leading companies * Reuters cited that >70% of S&P 500 constituents increased on a recent metric Expected market reaction. Bullish Confidence 62% How confidence is read Horizon: Short term Impact: Moderate The inclusion of ALKT in a top-10 small-cap value list may generate additional investor attention and potential buying pressure for the stock, especially as market participants seek alternatives to AI-heavy large caps. The impact is contingent on how strongly investors weigh such editorial rankings versus underlying fundamentals, creating uncertainty about the magnitude of any price move. Risks. * article provides no quantitative financial data or valuation multiples for ALKT * ranking is based on editorial opinion rather than a systematic analysis * broader market sentiment toward AI and small-cap stocks could shift, altering investor interest Source reporting Yahoo Finance Original source. AnalystMarkets just published its list of the 10 Best Small-Cap Value Stocks to Invest In Now, and Alkami Technology, Inc. (NASDAQ:ALKT) ranked 7th on the list. The slide in AI stocks is prompting investors to explore beyond the market's leading companies. According to Reuters on November 2, more than 70% of S&P 500 constituents increased [...] Original article published by Yahoo Finance on November 7, 2026. Analysis and insights provided by AnalystMarkets AI.

Yahoo Finance
Nov 6th, 2026
Alkami ranks 7th among small-cap value stocks as Q3 revenue climbs 19% to $134.9M

Alkami Technology (NASDAQ: ALKT) ranked seventh on Insider Monkey's list of the 10 best small-cap value stocks. The stock has a forward P/E ratio of 12.32 and trailing revenue growth of 24.04%. Twenty-two hedge funds owned it. The company sells cloud-based digital banking software to community and regional banks and credit unions. Third-quarter revenue rose 19% to $134.9 million, above the top of its forecast. Annual recurring revenue grew 19% to $533 million, and adjusted EBITDA reached $26.3 million. Alkami now serves 323 clients and 24.4 million registered users. It expects full-year revenue of $530.5 million to $532.0 million. Gross margin fell to 63.1%, and fourth-quarter guidance implies growth slowing to about 16% to 17%.

Insider Monkey
Nov 6th, 2026
Alkami Technology (ALKT): recurring banking revenue at a Value multiple.

Alkami Technology (ALKT): recurring banking revenue at a Value multiple. Published November 6, 2026 at 6:39 pm EST We just published our list of the 10 Best Small-Cap Value Stocks to Invest In Now, and Alkami Technology, Inc. ranked 7th on the list. The slide in AI stocks is prompting investors to explore beyond the market's leading companies. According to Reuters on November 2, more than 70% of S&P 500 constituents increased in October, despite steep drops in AI-related companies, while small- and mid-cap indexes also advanced. "Investors want to maintain equity exposure. But now they...

Yahoo Finance
Nov 5th, 2026
Alkami Technology Q3 sales hit $134.9M as Texoma expansion and higher guidance test the bull case

Alkami Technology reported third quarter 2026 sales of $134.91 million and a net loss of $6.75 million. The digital banking provider raised guidance, now expecting fourth quarter revenue of $139.7 million to $141.2 million and full year revenue of $530.5 million to $532.0 million. Texoma Community Credit Union expanded its use of Alkami's Digital Sales & Service Platform, adding MANTL onboarding and a data and marketing tool. More than 50% of members adopted the new experience within two weeks. Over six months, Texoma's online banking transactions rose 8.9% year on year. The online share of total transactions climbed from 53.0% to 67.8%. Analysts forecast earnings of $92.5 million by 2029 on revenue of $764.8 million.

MarketScreener
Nov 5th, 2026
Fidelity Bank selects Alkami technology, inc. for MANTL Loan Origination.

Fidelity Bank selects Alkami technology, inc. for MANTL Loan Origination. Published on 11/05/2026 at 10:00 am EST S&P Capital IQ Fidelity Bank has implemented MANTL Loan Origination in less than three months after kickoff, unifying consumer loan origination across physical and digital banking channels to deliver a faster, more streamlined experience for borrowers and employees. Fidelity Bank is now originating personal loans and vehicle loans through MANTL. As an existing Alkami Digital Banking customer, Fidelity Bank expanded its relationship with Alkami by implementing MANTL Loan Origination to modernize consumer lending. By replacing siloed legacy systems with MANTL Loan Origination, Fidelity Bank streamlined underwriting, fraud prevention, and credit decisioning while creating a seamless lending experience regardless of where borrowers choose to apply. With MANTL Loan Origination, Fidelity Bank can automate decisioning, enable straight-through processing, and reduce manual work through configurable workflows, integrated identity verification, and intelligent credit decisioning. These capabilities give branch teams more time to build relationships instead of entering data, while enabling Bank Secrecy Act and underwriting teams to work more efficiently and confidently, ultimately accelerating loan processing. (C) S&P Capital IQ - PR Newswire - 2026

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