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How Does MANTL Compare to Fintech-as-a-Service Platforms?

MANTL focuses on digital account origination and deposit growth for banks and credit unions, while Fintech-as-a-Service (FaaS) platforms provide embedded banking capabilities for brands that do not want to be a bank. Use this guide to understand where they overlap, where they differ, and which model fits your roadmap.

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In simple terms, MANTL is built for regulated institutions that want to grow deposits and accounts on their own charter, while Fintech-as-a-Service platforms are built for brands that want to embed banking products without becoming a bank. MANTL typically plugs into your core, CRM, and marketing stack to improve digital account opening, funding, and onboarding. FaaS platforms bundle bank partners, compliance frameworks, and APIs so non-banks can launch cards, accounts, and payments under another institution’s license. Your choice depends on whether you are the bank (and need deeper control) or you need “banking in a box” for a non-bank experience.

Where MANTL and Fintech-as-a-Service Overlap and Diverge

Who Owns the Charter & Risk — With MANTL, your institution keeps the charter, balance sheet, and risk decisions. FaaS providers usually work with sponsor banks so brands can launch products without holding deposits directly.
Primary Buyer — MANTL is typically chosen by banks and credit unions modernizing their own digital storefront. FaaS is more common for fintechs, vertical SaaS vendors, and consumer brands embedding accounts, cards, or lending into their apps.
Depth of Core Integration — MANTL emphasizes deep core integration and account workflows (KYC, funding, account maintenance). FaaS exposes API primitives (accounts, ledgers, cards, payments) that sit alongside or outside your core.
Go-to-Market Motion — MANTL strengthens your owned channels (web, mobile, branch) for acquisition and onboarding. FaaS is about distribution through partners—embedding banking flows into third-party experiences.
Compliance & Supervision Model — With MANTL, your compliance team owns policies, disclosures, and supervision. FaaS combines your controls with the sponsor bank’s rules, adding another layer of oversight and contracts.
Revenue & Unit Economics — MANTL is aimed at improving deposit growth, funding rates, and cost to acquire on your books. FaaS tends to monetize via usage, interchange, and platform fees shared between the brand, FaaS provider, and sponsor bank.

How to Decide Between MANTL and Fintech-as-a-Service

Start with your charter strategy, target customers, and channels. Then evaluate how much you want to own the banking stack versus orchestrate embedded experiences through partners and APIs.

Clarify → Compare → Architect → Operationalize → Optimize

  • Clarify your role: Are you a bank or credit union growing deposits on your own charter, or a non-bank brand embedding financial products into an existing experience?
  • Compare value propositions: Map how MANTL improves conversion, funding, and onboarding for your institution versus how FaaS expands product breadth and distribution through partners.
  • Architect the stack: Decide whether to center on core integration + account origination (MANTL-style) or API-first product building blocks (FaaS) that may sit outside your core.
  • Operationalize compliance: Define how KYC, AML, fraud, disclosures, and complaints will be shared across the bank, any FaaS provider, and partners. Align SLAs and auditability.
  • Optimize for growth: Measure approval, funding, activation, and engagement across flows. Use marketing, product, and RevOps teams to tune campaigns, journeys, and offers by channel.

MANTL vs Fintech-as-a-Service Comparison Matrix

Dimension MANTL-Like Approach Fintech-as-a-Service Platform Primary Owner Key KPIs
Primary Use Case Digital account opening and deposit growth for banks and credit unions. Embedded accounts, cards, and payments for non-bank brands. Product & Digital Banking Funded accounts, digital originations, deposit growth
Charter & Regulatory Role Institution holds charter, owns compliance and risk. Sponsor bank holds charter; brand operates under shared controls. Compliance, Risk, Legal Audit findings, loss rates, program approvals
Integration Pattern Deep integration with core, KYC, funding, and servicing systems. API integration to platform; core is often abstracted behind the FaaS provider. Technology / Architecture Time-to-implement, API reliability, maintenance cost
Customer Experience Optimized flows for your branded web and mobile channels. Embedded flows inside third-party or brand-owned experiences. CX / UX / Marketing Conversion rate, abandonment, NPS
Monetization Model Interest margin, fee income, and long-term customer value on your books. Shared economics via interchange, fees, and platform pricing. Finance & Strategy Unit economics, CAC, LTV, payback
Change Management More internal alignment across operations, branches, compliance. More partner management and shared roadmap planning. Transformation / RevOps Time-to-launch, SLA adherence, partner satisfaction

Snapshot: When a Bank Chooses MANTL Over FaaS

A regional bank deciding between modernizing its own digital storefront or launching an embedded offering through partners weighed two paths: invest in account origination and deposit growth on its own charter, or build a new embedded program via FaaS. By prioritizing control over pricing, disclosures, and lifecycle marketing, the bank focused on its own digital channels first—then explored selective FaaS partnerships where embedded distribution added incremental value.

In many roadmaps, MANTL-style modernization and FaaS are complementary: first strengthen digital acquisition and onboarding on your own channels, then extend selected products or experiences through partners using embedded finance.

Frequently Asked Questions: MANTL vs Fintech-as-a-Service

When should a bank prioritize MANTL over a Fintech-as-a-Service platform?
Prioritize a MANTL-style approach when you are a regulated institution focused on growing deposits, accounts, and relationships on your own charter. If your primary channels are your website, mobile app, and branch network—and you want tight integration to your core, KYC, and servicing systems—MANTL-like solutions are usually a better fit than starting with FaaS.
When does a Fintech-as-a-Service platform make more sense?
FaaS is a strong fit when you are a non-bank brand, vertical SaaS provider, or fintech looking to embed accounts, cards, or payments into an existing experience. Instead of owning the charter, you work with a sponsor bank and FaaS provider that bundle compliance, connectivity, and APIs so you can go to market faster.
Can a bank use both MANTL and Fintech-as-a-Service?
Yes. Many institutions modernize their direct-to-consumer digital onboarding with a MANTL-style solution while also experimenting with embedded finance partnerships via FaaS. The key is clear governance: which products, segments, and channels are served through your own stack versus through partner programs.
How do compliance responsibilities differ between the two models?
In a MANTL-style deployment, your institution defines and enforces compliance policies end-to-end across marketing, onboarding, and servicing. With FaaS, responsibilities are shared among the brand, FaaS provider, and sponsor bank. You must align on KYC/AML standards, marketing approvals, disclosures, and ongoing monitoring before scaling the program.
What metrics should we track to compare options?
For MANTL-style initiatives, focus on application conversion, approval rate, funded rate, digital originations, and deposit growth. For FaaS programs, track active accounts, spend or balances per user, program economics, loss rates, and partner performance. In both cases, measure payback, LTV, and overall risk-adjusted returns.
How should marketing teams adapt when we choose one model or both?
If you lead with MANTL, marketing focuses on acquisition and onboarding journeys in your own channels—SEO/SEM, campaigns, website UX, and lifecycle programs. If you add FaaS, marketing also supports partner enablement: co-marketing, embedded onboarding flows, and shared measurement across your brand, the FaaS provider, and sponsor bank.

Align Your Growth Strategy with the Right Banking Model

Whether you modernize digital account opening, launch embedded programs, or do both, we’ll help you connect technology, compliance, and revenue marketing so every initiative drives measurable growth.

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