The Californer - MANTL Becomes First Fintech to Offer Plaid Layer

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The MANTL ~ MANTL, a leading provider of loan and deposit account opening technology, has announced a groundbreaking partnership with Plaid, the instant onboarding technology used by the most innovative neobanks. This collaboration makes MANTL the first fintech to resell and offer Plaid Layer, giving regional and community financial institutions access to cutting-edge technology that was previously only available to tech-first neobanks.

Through this integration, MANTL is empowering smaller financial institutions to deliver seamless digital onboarding experiences that rival those of larger banks. This not only allows them to compete more effectively in today's digital-first landscape but also unlocks faster growth and stronger conversion rates.

MANTL is already known for its best-in-class account opening experience, with average account opening times of under five minutes for consumers and under ten minutes for businesses. With Plaid Layer now natively integrated into its platform, MANTL can provide an even faster one-minute account opening time. This is made possible by Plaid Layer's ability to collect identity information and link external accounts in seconds using only a phone number, eliminating friction while maintaining the highest standards of trust and security.

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By embedding this technology directly into its deposit and loan workflows, MANTL streamlines the entire onboarding process, accelerating time to open and enabling more users to successfully reach and complete applications—all within a secure, optimized experience.

Grace Pace, senior vice president of digital banking at Quontic Bank, expressed her excitement about this partnership: "At Quontic, we are committed to delivering fast, intuitive, and seamless digital banking experiences that meet the evolving needs of our customers. The Plaid Layer integration, through our partnership with MANTL, allows us to dramatically accelerate onboarding while maintaining the highest standards of security and trust."

The benefits of this integration are numerous. Plaid customers using Layer have seen up to a 25% increase in end-to-end conversion rates, while Layer can onboard an account holder in just one minute, streamlining the signup process by as much as 87%. Additionally, MANTL paired with Plaid Layer unlocks an even more seamless, secure, and scalable path to customer growth.

Benjamin Conant, co-founder and chief technology officer at MANTL, shared the company's mission: "MANTL is on a mission to empower regional and community banks and credit unions to compete with the likes of Chase and Chime. Giving the community banking space built-in access to this powerful technology is another way MANTL helps these institutions reclaim their competitive edge."

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This partnership not only demonstrates MANTL's commitment to innovation but also deepens its long-standing partnership with Plaid. Currently, over 100 MANTL customers use Plaid solutions to streamline onboarding, reporting 37% higher application booking rates. To date, more than 680,000 accounts have been opened on MANTL using Plaid.

Adam Yoxtheimer, head of partnerships at Plaid, highlighted the benefits for financial institutions: "Our partnership with MANTL brings Plaid Layer's instant financial onboarding experience and real-time risk checks directly into the workflows of regional and community financial institutions. Now banks and credit unions can offer the digital-first experiences that consumers demand—accelerating new account growth, strengthening customer loyalty, and lowering operational costs—all while keeping security and compliance front and center."

Plaid Layer is now available to eligible MANTL bank and credit union customers. For more information about MANTL or to schedule a demo, interested parties can visit their website. This integration marks a significant step forward for regional and community financial institutions looking to stay competitive in today's digital landscape.

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