Fostering an inclusive environment for people to engage, network, and grow in the financial services industry PLANO, Texas, Feb. 6, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., is excited to announce the 3rd annual Women in Banking event, taking place during the Alkami Co:lab 2025 conference in Nashville, TN. This signature event brings together banking professionals across multiple disciplines to celebrate and empower women in the financial services secto

Industry leaders and visionaries to gather for premier digital banking event; highlight is keynote speaker Jason Dorsey and other financial services experts PLANO, Texas, Jan. 29, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., proudly announces Alkami Co:lab 2025, scheduled to take place March 31 - April 2, 2025 in Nashville, TN. This premier event will encompass attendees from the industry's leading community banks, credit unions, fintech providers, consultants, and analyst firms to lead, learn, network, and collaborate to drive banking forward.

Stephens upgraded Alkami Technology from Equal-Weight to Overweight and set a new price target of $40.00

Goldman downgraded Alkami Technology from Buy to Neutral and set a new price target of $27.00 from $23.00 previously

Stephens downgraded Alkami Technology from Overweight to Equal-Weight and set a new price target of $24.00 from $22.00 previously

Goldman initiated coverage of Alkami Technology with a rating of Buy and set a new price target of $21.00

Lake Street initiated coverage of Alkami Technology with a rating of Buy and set a new price target of $21.00

Craig Hallum initiated coverage of Alkami Technology with a rating of Buy and set a new price target of $25.00

JP Morgan initiated coverage of Alkami Technology with a rating of Overweight and set a new price target of $15.00

Stephens initiated coverage of Alkami Technology with a rating of Overweight and set a new price target of $18.00

Needham reiterated coverage of Alkami Technology with a rating of Buy and set a new price target of $22.00 from $40.00 previously

Keybanc reiterated coverage of Alkami Technology with a rating of Overweight and set a new price target of $20.00 from $35.00 previously

Studies show banks and credit unions need to enhance prevention strategies; consumers want data protection in their digital banking experience PLANO, Texas, March 28, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today the findings of research that examined both financial institutions' evolving approach to fraud prevention and consumers perceptions on data protection within the digital banking experience. Fraud losses reported by consumers and co

The technology empowers kids and teens with innovative money management tools and financial education, while also helping financial institutions grow deposits PLANO, Texas, March 26, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today its partnership with Greenlight Financial Technology, Inc. ("Greenlight"), a leading family fintech company that empowers kids and teens with smart money management skills. With money habits forming as early as age seven, Greenlight's family finance application (app) can give kids and teens hands-on money management interactions wi

The Alkami-BioCatch partnership has prevented millions of dollars in fraudulent transactions in 2024 PLANO, Texas, March 19, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that its clients leveraging BioCatch's fraud prevention solutions through the Alkami Digital Banking Platform stopped more than $54 million in fraudulent transactions in 2024. "Alkami takes a strategic, multi-layered approach to fraud prevention, and BioCatch is a valuable

PLANO, Texas, March 10, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the pricing of its offering of $300,000,000 aggregate principal amount of 1.50% convertible senior notes due 2030 (the "notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The issuance and sale of the notes are scheduled to settle on March 13, 2025, subject to customary closing conditions. Alkami also granted the initial purchasers of t

PLANO, Texas, March 10, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced its intention to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2030 (the "notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Alkami also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and

Focused on innovation and member financial wellness, AEFCU will deliver a streamlined and personalized digital experience PLANO, Texas, March 5, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that Connecticut-based American Eagle Financial Credit Union (AEFCU or American Eagle), has signed on to leverage the innovation and user experience in Alkami's Digital Banking Platform. This partnership reflects AEFCU's dedication to enhancing its digital-first strategy and creating an exceptional, member-centered digital banking experience.

Alkami Today Also Announced Its Intent to Acquire MANTL PLANO, Texas, Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its fourth quarter ending December 31, 2024. Fourth Quarter 2024 Financial Highlights GAAP total revenue of $89.7 million, an increase of 25.6% compared to the year-ago quarter;GAAP gross margin of 59.3%, compared to 56.0% in the year-ago quarter;Non-GAAP gross margin of 63.1%, compared to 60.3% in th

Combination Creates Powerhouse Digital Sales and Service Platform PLANO, Texas, Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it signed a definitive agreement to acquire Fin Technologies, Inc. ("MANTL") for an enterprise value of $400 million, on a debt free, cash free basis and subject to customary purchase price adjustments, expected to be $7 million. Alkami plans to fund the acquisition with cash of approximately $380 million and restricted stock units issued to continuing MANTL employees with an estimated value of $13 million at transacti

Leveraging Alkami's cutting-edge technology, Financial Center First Credit Union enhances its dual-branded strategy and member experience with a scalable digital banking platform PLANO, Texas, Feb. 25, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today its partnership with Indianapolis-based Financial Center First Credit Union (Financial Center) to transform its digital banking experience. A key aspect of this collaboration is Financial Center's ability to enhance its dual-branded strategy, serving both its primary membership and Ball State Financial, a co-bran

Agenda offers expert-led discussions with over 40 speakers, CTP credits, and actionable strategies for financial institutions PLANO, Texas, Feb. 20, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., has curated a dynamic series of expert-led breakout sessions for Alkami Co:lab 2025, its premier annual conference designed to foster collaboration, innovation, and growth for financial institutions. The breakout tracks at Alkami Co:lab 2025 will provide attendees w

Alkami Today Also Announced Its Intent to Acquire MANTL PLANO, Texas, Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its fourth quarter ending December 31, 2024. Fourth Quarter 2024 Financial Highlights GAAP total revenue of $89.7 million, an increase of 25.6% compared to the year-ago quarter;GAAP gross margin of 59.3%, compared to 56.0% in the year-ago quarter;Non-GAAP gross margin of 63.1%, compared to 60.3% in th

Combination Creates Powerhouse Digital Sales and Service Platform PLANO, Texas, Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it signed a definitive agreement to acquire Fin Technologies, Inc. ("MANTL") for an enterprise value of $400 million, on a debt free, cash free basis and subject to customary purchase price adjustments, expected to be $7 million. Alkami plans to fund the acquisition with cash of approximately $380 million and restricted stock units issued to continuing MANTL employees with an estimated value of $13 million at transacti

PLANO, Texas, Feb. 17, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its fourth quarter ended December 31, 2024 on Thursday, February 27, 2025, after the market close. Alkami will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the Alkami investor relations website at investors.alkami.com. In add

PLANO, Texas, Oct. 30, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its third quarter ending September 30, 2024. Third Quarter 2024 Financial Highlights GAAP total revenue of $85.9 million, an increase of 26.9% compared to the year-ago quarter;GAAP gross margin of 58.9%, compared to 54.0% in the year-ago quarter;Non-GAAP gross margin of 62.8%, compared to 58.7% in the year-ago quarter;GAAP net loss of $(9.4) million, compared to

PLANO, Texas, Oct. 17, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its third quarter ended September 30, 2024 on Wednesday, October 30, 2024, after the market close. Alkami will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the Alkami investor relations website at investors.alkami.com. In add

PLANO, Texas, July 31, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its first quarter ending June 30, 2024. Second Quarter 2024 Financial Highlights GAAP total revenue of $82.2 million, an increase of 24.9% compared to the year-ago quarter;GAAP gross margin of 59.4%, compared to 53.9% in the year-ago quarter;Non-GAAP gross margin of 63.2%, compared to 58.7% in the year-ago quarter;GAAP net loss of $(12.3) million, compared to $(17.8) million in the year-ago quarter; andAdjusted EBITDA of $4.6 million, compared to a loss of $(2.5) million in t

PLANO, Texas, July 18, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its second quarter ended June 30, 2024 on Wednesday, July 31, 2024, after the market close. Alkami will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the "News & Events'' page of the Alkami investor relations website at investors.alkami.com. In addition, a live dial-in will be available domestically at 1-800-836-8184 and internationally at

PLANO, Texas, May 01, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its first quarter ending March 31, 2024. First Quarter 2024 Financial Highlights GAAP total revenue of $76.1 million, an increase of 26.9% compared to the year-ago quarter;GAAP gross margin of 57.8%, compared to 53.6% in the year-ago quarter;Non-GAAP gross margin of 61.7%, compared to 58.1% in the year-ago quarter;GAAP net loss of $(11.4) million, compared to $(17.0) million in the year-ago quarter; andAdjusted EBITDA of $3.8 million, compared to a loss of $(2.9) millio

PLANO, Texas, April 19, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its first quarter ended March 31, 2024 on Wednesday, May 1, 2024, after the market close. Alkami will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the "News & Events'' page of the Alkami investor relations website at investors.alkami.com. In addition, a live dial-in will be available domestically at 1-800-836-8184 and internationall

PLANO, Texas, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its fourth quarter and full year ending December 31, 2023. Fourth Quarter 2023 Financial Highlights GAAP total revenue of $71.4 million, an increase of 29% compared to the year-ago quarter;GAAP gross margin of 56%, compared to 52% in the year-ago quarter;Non-GAAP gross margin of 60%, compared to 56% in the year-ago quarter;GAAP net loss of $(12.7) million, compared to $(4.9) million in the year-ago quarter; andAdjusted EBITDA of $3.1 million, co

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