Alkami Announces Acquisition Of Digital Account Opening And Loan Origination Provider Mk Decision
Acquiring Company
Alkami Technology
Acquired Company
Digital Account Opening Provider
PlanoHardwareFinancial ServicesSoftwareFinanceFintechLendingBankingDescription
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for US financial institutions, announced it has finalized its acquisition of MK Decisioning Systems, LLC ("MK" or "MK Decision"), a technology platform and provider for digital account opening, credit card, and loan origination solutions. The acquisition reinforces and expands Alkami's position as a best-of-breed digital banking platform provider that designs secure solutions across the user journey, from acquisition to engagement to conversion. In acquiring MK, Alkami is expected to expand its total addressable market while gaining new cross-selling opportunities among a larger installed base.
Quick answer
Alkami Technology is acquiring Digital Account Opening Provider, announced September 13, 2021. Alkami Technology is based in Plano, Texas, United States.
- How much did Alkami Technology pay for Digital Account Opening Provider?
- The deal value was not disclosed.
- What does Alkami Technology do?
- Alkami provides a digital sales and service platform for U.S. banks and credit unions.
- Where are Alkami Technology and Digital Account Opening Provider based?
- Alkami Technology is based in Plano, Texas, United States.
- Who are the decision-makers at Alkami Technology?
- Fundz holds 1 contact at Alkami Technology. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Digital Account Opening Provider?
Digital Account Opening Provider was acquired by Alkami Technology, based in Plano. The deal was reported on September 13, 2021. Alkami provides a digital sales and service platform for U.S. banks and credit unions. Alkami Technology is publicly traded (ALKT) and operates in Hardware.
When did Alkami Technology acquire Digital Account Opening Provider?
Alkami Technology's acquisition of Digital Account Opening Provider was reported on September 13, 2021. Alkami Technology, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Digital Account Opening Provider do?
Digital Account Opening Provider is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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