Alkami Technology Acquires Segmint Inc.

March 28, 2022

Alkami Technology, Inc. agreed to acquire Segmint Inc., a provider of financial account and transaction data analytics, to integrate Segmint's machine-learning driven transaction-cleansing and customer insights into Alkami's digital banking platform. The deal, announced March 28, 2022, is expected to close in Q2 2022 for $135.5 million in cash and to expand Alkami's addressable market and cross-selling opportunities.

Buyers
Alkami Technology, Inc.
Targets
Segmint Inc.
Sellers
Segmint stockholders
Industry
Data & Analytics
Location
Texas, United States
Transaction Type
Buyout

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