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New York based bank account opening software for banks and credit unions raised $8m in Series A funding led by Point72 Ventures.
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“We’ve seen a rift where new FinTech companies are able to leverage the latest technologies to grow faster and more efficiently, while banks and credit unions (where most people actually keep their money) are tethered to their outdated systems and vendors, and struggle to remain competitive,” said Nathaniel Harley, CEO and co-founder of MANTL.
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