Alkami Technology

Alkami Technology, Inc. provides digital banking software solutions to credit unions, banks, credit union service organizations, and service bureaus. The firm offers content management and online & mobile banking suite that brings together for a snapshot view of accounts with recent and upcoming activities. The company was founded by Louis A. Iannaccone, Scott Klososky, Steve Meston, Gary L. Nelson, Gruenewald Bobby, Jay Lackey, Stephen Bohanon, and Kim Stroh in 2009 and is headquartered in Plano, TX.

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Alkami Technology reports robust Q4 growth and eyes profitability in 2023

Alkami's Q4 2022 performance showcased strong revenue growth and user acquisition, aligning with strategic goals.
The company's focus on technology, user experience, and market expansion positions it for future success.
Challenges include balancing growth targets with profitability and navigating the evolving M&A landscape.
Opportunities lie in expanding gross margins, driving user growth, and leveraging add-on sales for revenue generation.

Alkami Technology reports robust Q1 growth, eyes profitability amid challenges

Alkami Technology's Q1 2023 showcased strong revenue growth and user base expansion, aiming for profitability by year-end.
While facing EBITDA loss challenges, the company's focus on digital banking experience and client data offers growth avenues.
Balancing revenue targets, market mix, and product innovation will be key for Alkami to capitalize on market opportunities and overcome challenges.

Alkami Technology reports robust Q2 growth and eyes strategic expansion

Alkami Technology's Q2 2023 performance reflects strong revenue growth and user expansion, underpinned by a solid cash position and strategic sales efforts.
While challenges exist in achieving profitability and client renewals, the company's focus on operational efficiency and market competitiveness bodes well for future success.
Opportunities in user acquisition, M&A activities, and product innovation present avenues for Alkami to further solidify its position in the digital solutions market.

Alkami Technology excels in Q3, eyes digital banking growth

Alkami Technology's strong Q3 performance and strategic focus on digital banking underscore its market position and growth potential.
While facing competition and contract renewal challenges, the company's innovation, client-centric approach, and revenue projections signal resilience.
Opportunities lie in leveraging digital banking trends, expanding product capabilities, and targeting tech-savvy clients for sustained growth.
With accelerating revenue growth expected in Q4 2023 and a commitment to enhancing user experience, Alkami is poised for continued success in the digital banking landscape.

Alkami Technology excels in Q4, eyes equal client mix by 2026

Alkami Technology's Q4 2023 performance was robust, exceeding revenue targets and focusing on client relationships and growth.
The company faces challenges in aligning product roadmaps between bank and credit union clients and aims for equal client composition by 2026.
Opportunities lie in leveraging data for AI capabilities, driving down costs, and focusing on product-market fit for sustained success.
Overall, Alkami's strategic focus on client satisfaction, innovation, and market demand positions them for continued growth and success.

Alkami Technology excels in Q1, poised for growth and innovation

Alkami Technology's Q1 2024 performance reflects strong revenue growth, robust client base expansion, and a focus on innovation through its data platform.
The company's strengths lie in its competitive edge in the digital banking space, diverse product offerings, and significant room for further client adoption.
While facing challenges in meeting evolving client demands and maintaining profitability, Alkami is well-positioned to leverage opportunities in client acquisition, technology adoption, and product development.

Alkami Technology excels in Q2, eyes growth in digital banking

Alkami Technology's Q2 2024 performance reflects strong revenue growth, operational improvements, and market expansion, underpinned by industry recognition and strategic investments.
While facing challenges in meeting financial targets and margin goals, the company's focus on innovation, market penetration, and executive leadership sets the stage for continued growth.
With a solid sales pipeline, a clear growth strategy, and a commitment to enhancing customer experience, Alkami is well-positioned to capitalize on market opportunities and drive future success.

Alkami Technology excels in Q3, eyes data tech for growth

Alkami Technology's Q3 2024 performance reflects robust growth, operational efficiency, and strategic client acquisitions.
The company's focus on data technology as a growth driver and its strong financial position position it well for future opportunities.
While challenges like margin targets and market competition exist, Alkami's strengths and opportunities signal a promising trajectory.

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MainStreet Bancshares

PLANO, Texas, Oct. 20, 2021 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that MainStreet Bank (Nasdaq: MNSB) has signed a long-term contract to leverage the Alkami Platform to transform its digital banking solution and bring new services rapidly online. MainStreet Bank represents a significant addition to Alkami's growing list of clients.

MainStreet Bank Selects Alkami to Power Its Digital Banking Transformation

PLANO, Texas, Sept. 28, 2021 /PRNewswire/ -- Alkami Technology Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced the release of the new report "Digital Banking Market Pulse: The Increasing Importance of User Experience (UX).

New Alkami Report Examines User Experience Perception Gaps in Digital Banking

NEW YORK--(BUSINESS WIRE)--BioCatch announces that they are now part of Alkami Technology, Inc.'s Gold Partner Program.

BioCatch Joins Alkami's Gold Partner Program, Providing Alkami Customers With Access to World-class Fraud Detection Powered by Behavioral Biometrics.

PLANO, Texas, Sept. 13, 2021 /PRNewswire/ --  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.

Alkami Announces Acquisition of Digital Account Opening and Loan Origination Provider MK Decision

PLANO, Texas, Sept. 8, 2021 /PRNewswire/ -- Alkami Technology Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today the key speakers and sessions for its 2021 Virtual Client Conference on September 14, 2021.

Alkami Client Conference 2021 to Examine Current Digital Banking Trends

Alkami Technology, Inc. (ALKT) CEO Mike Hansen on Q2 2021 Results - Earnings Call Transcript

PLANO, Texas, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today results for its second quarter ending June 30, 2021.

Alkami Announces Second Quarter 2021 Financial Results

PLANO, Texas, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today that company leadership will participate at the following upcoming investor conferences:

Alkami to Participate in Upcoming KeyBanc Capital Markets and Needham & Company Investor Conferences

PLANO, Texas, July 26, 2021 (GLOBE NEWSWIRE) -- Alkami Technology Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that it plans to report financial results for its second quarter ended June 30, 2021, on Wednesday, August, 4, 2021, after the market closes.

Alkami To Announce Second Quarter 2021 Financial Results

The recent fintech is trading far below April's IPO price today.

Here's Why Alkami Shares Fell 30% Last Month

PLANO, Texas, May 19, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today that Chief Executive Officer, Mike Hansen will present at the following upcoming investor conferences:

Alkami to Participate in Upcoming J.P. Morgan and William Blair Investor Conferences

Alkami Technology has seen a big sell-off since going public last month.

Alkami Technology: No Alchemy Yet

Alkami Technology, Inc. (ALKT) CEO Mike Hansen on Q1 2021 Results - Earnings Call Transcript

PLANO, Texas, May 11, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today a partial early lock-up release with respect to shares of Alkami's common stock, par value $0.001 per share, pursuant to the terms of certain lock-up agreements entered into by certain of Alkami's directors, officers, greater than 1% stockholders and other security holders with the underwriters of Alkami's initial public offering.

Alkami Announces Early Lock-Up Release

Total Revenue Grew 43% YoY Total Revenue Grew 43% YoY

Alkami Announces First Quarter 2021 Financial Results

PLANO, Texas, May 4, 2021 /PRNewswire/ -- Alkami Technology Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that Liberty Bank of Middletown, Connecticut has signed a long-term contract to leverage the Alkami Platform. The Connecticut-based bank holds more than $7 billion in assets and represents yet another addition to Alkami's growing list of bank clients.

Liberty Bank Selects Alkami for Digital Banking Platform

PLANO, Texas, May 3, 2021 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, today announced that it plans to report financial results for its first quarter ended March 31, 2021, on Tuesday, May 11, 2021, after the market closes. The Company will host a conference call at 5:00 p.m.

Alkami To Announce First Quarter 2021 Financial Results

Alkami is one of the rising number of tech companies emerging in nontraditional areas. The company has consistently grown revenues, thanks to a fast growing addressable market.

Alkami Technology: A Fast Growing Fintech Firm In A Hyper-Competitive Market

Alkami Technology has gone public in an offering which was well-received by the market. The company is delivering on very steady and high growth, which is attractive to investors.

Alkami Technology: Efficient Banking

Though the IPO market is getting crowded thanks to SPAC fever, Alkami Technology is a traditional debut to watch closely. The post Alkami Technology Is an IPO Worth Investigating Closely appeared first on InvestorPlace.

Alkami Technology Is an IPO Worth Investigating Closely

Investors cheered as Alkami Technology Inc. went public Wednesday, as the digital banking company's stock opened 3.7% above its initial public offering price of $30 a share. The stock's first trade on the Nasdaq was at $41.26 at 11:24 a.m.

Alkami Technology's stock surges in it debut, valuing the company at more than $3.8 bi

Coinbase

The cryptocurrency exchange and the technology company will both be listed on the Nasdaq.

Coinbase, Alkami Set to Open for Trading Today

Alkami Technology Inc. is set to go public Wednesday, as the Texas-based digital banking company said it initial public offering of 6 million shares priced at $30 a share. The pricing was above the expected range of between $26 and $28 a share, which was raised this week from previous expectations of between $22 and $25 a share.

Alkami Technology set to go public as IPO priced above the expected range

It appears investor demand for the Alkami Technology IPO is growing of late, as the company announced an increase to its target range. The post Alkami Technology IPO: When Does Alkami Go Public?

Alkami Technology IPO: When Does Alkami Go Public? What Is the ALKT Stock IPO Price Range?

Alkami Technology Inc. disclosed Monday that the expected pricing of its initial public offering has increased to between $26 and $28 a share from between $22 and $25 a share. With the Texas-based cloud-based digital banking company expected to offer 6 million shares in the IPO, the company could now raise up to $168.0 million.

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