Alkami to Acquire Segmint for $135M
Summary
In addition, financial institutions (FIs) will be able to use this data to target, engage and grow customer relationships through the digital banking experience, Alkami said. “To do so, they must transform raw account and transaction data into insights that lead to highly personalized communications.” Segmint applies machine learning to transaction data to help FIs better understand their account holders and automates messaging with precision and personalization across multiple channels, he added. One year ago, Alkami announced an initial public offering (IPO) that put the of value the firm at more than $2 billion, the company said. It is listed on The Nasdaq Global Select Market (NQGS) under the ticker symbol ALKT, according to its filing with the Securities and Exchange Commission. Alkami first announced plans to go public in February of last year and had been raising money since September 2020, including $140 million from a private valuation.
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
