A Big Step for Community Banks
MANTL, a fintech that helps banks open accounts faster, has taken a big step forward. It is now the first fintech to offer Plaid Layer, a tool that makes onboarding quicker and easier.
This means that small and regional banks can now give their customers the same fast sign-up experience as large neobanks.
With this move, MANTL helps banks grow faster and compete better in a world that’s going more digital every day.
What is Plaid Layer?
Plaid Layer is a tool made by Plaid, a well-known fintech company. It helps people open accounts faster by using just a phone number.
Instead of filling out long forms, users can now link their accounts and verify their identity in just one simple step.
Because of this, onboarding times drop by up to 87%, making things easier for customers and better for banks.
In fact, the full process can now take just one minute, which is much faster than before.
Why This Is a Big Deal
Before, only top tech-first banks like Chime or Revolut could use tools like Plaid Layer. But now, thanks to MANTL, even smaller banks and credit unions can use it too.
This change is important because many customers leave during long or confusing sign-up processes. But now, with Plaid Layer, that problem is solved.
In fact, banks using it have seen up to 25% more customers complete their applications.
Real Results from Real Banks
Quontic Bank is one of the first to use the new MANTL and Plaid Layer setup.
Grace Pace, a leader at Quontic, said, “This tool helps us move faster and serve our customers better while staying safe and secure.”
She added that MANTL is more than just a tech vendor—they’re a real partner helping banks grow.
Better Tools for All Banks
According to MANTL’s CTO, Benjamin Conant, this is about giving every bank the tools to succeed—not just the big players.
He said that over 100 MANTL customers already use Plaid, and those banks are seeing great results.
So far, more than 680,000 accounts have been opened using MANTL with Plaid.
Plaid Sees Big Potential Too
Plaid is also excited about this move.
Adam Yoxtheimer from Plaid said, “By working with MANTL, we are helping banks offer the kind of smooth digital experience customers now expect.”
He also said that it’s not just about speed—it’s also about trust, safety, and saving money.
A New Standard in Banking
Thanks to this partnership, the bar has been raised. More banks will now be able to offer fast, secure, and easy sign-up experiences.
In a world where people want everything now, Plaid Layer helps banks stay up to speed.
And because this tool is now available to more banks, Plaid Layer is becoming a key part of modern banking.