Sign In

Nathaniel Harley

Co-founder & CEO at MANTL (We're hiring!)

Nathaniel Harley is a successful entrepreneur and business leader, currently serving as the CEO and Co-founder of MANTL. He is a two-time Techstars founder and has a background as a former banker at Goldman Sachs. Nathaniel is known for his love of food, sports, and building meaningful connections with friends. His passion lies in creating innovative solutions to benefit people.

Nathaniel's educational background includes studies at Techstars in 2015 and 2016, as well as earning a Bachelor's degree in Mathematical Methods in the Social Sciences and RTVF, along with a Kellogg Financial Economics Certificate from Northwestern University. He also attended Collegiate School.

Throughout his career, Nathaniel has been involved in various organizations, such as being a Co-founder & CEO at MANTL, a Co-Founder and Angel Investor at Koral Ventures, COO and part of the Founding Team at Spoon University, and holding positions at Goldman Sachs including Analyst, Summer Analyst, and Summer Intern at Cyrus Vance Manhattan District Attorney Campaign.

Highlights

Mar 21 · linkedin

If the past week has highlighted anything, it’s the importance of having a diversified deposit base and access to liquidity.

It’s been interesting to monitor our customer's activity on our platform. We have noticed a few trends that bode very well for community banks and credit unions that have the right technology in place to quickly raise deposits.

Most notably, last week was the second-largest in MANTL history for deposit inflows, raising nearly $370mm on the platform. More than 80% of those deposits came from new customers, and over half of our customer base saw increased volume relative to their average. Many customers locked in longer-term deposits through CDs, but we also saw a decent volume of checking and savings accounts as well.

From talking with our customers, the importance of having a good omnichannel account opening solution is twofold in this market:

First, institutions have a digital faucet that they can turn on and off to gather deposits when liquidity or diversification is needed.

Second, bankers have a tool that they can weaponize to open accounts fast and overcome objections from their customers. For example, if a business only has 30 minutes to walk into the branch, you can get them to open multiple accounts in under 15 minutes.

This level of agility is quickly becoming table stakes in today’s economic landscape. So is meeting commercial and retail customers where they want to be met - in-branch, online, or in a call center - at their point of need and providing a seamless, quick onboarding experience.

Institutions that react accordingly will be in a better position to connect with new audiences, clear a path to resilience, and embrace the future with confidence.

We are here to help!

#communitybanks #regionalbanks #creditunions

Benjamin Conant Meredith Finn Joel Tashjian David Carlson Christina Cassis Jason Lee Taina Peña Biggs Jackie Daane Colver Joshua Simi Jeff Calnen Matt Swanson Bryan Easley Shane Crockett Ryan Price Pierce Cohen Carlo Olmos Colleen Wilson Conner Boyd Charlie Hack Conner Cousins Patrick Sells Jason Henrichs Joseph Berry Alberto J. Paracchini Rudy A.P. Beeching Chris Tremont Mike Butler Frank Sorrentino III Siya Vansia Dennis Devine Al Dominick 🧬 🤖 ⚙️ Alex Iskold Jesse Wedler Eric Reiner

Mar 14 · linkedin

Things continue to unfold quickly in the banking industry but one thing is certain: community financial institutions with effective account origination technology and marketing in place are better positioned to react favorably amid changing market conditions.

Case in point - yesterday, MANTL customers raised nearly 8X the average daily deposits on our platform.

Not only that, we have several institutions that experienced a 300%+ increase in deposits raised week-over-week, with the majority of those coming in over the weekend immediately following the SVB collapse.

This underscores how technology enables agility and why a frictionless onboarding experience is critical amid increased competition for deposits.

It also echoes what we are seeing in the wider industry. Regional banks are rebounding sharply from yesterday’s sell-off. First Republic Bank shares jump 50%, while PacWest, KeyCorp and Zions Bancorp are also on the rise. It doesn’t look like deposit outflows at these regional institutions accelerated over the past few days as originally expected.

This is proof that regional and community financial institutions can build resilience and continued goodwill with their customers and communities - even in uncertain times.

Let's help them win!

Benjamin Conant Meredith Finn Joel Tashjian David Carlson Adam Kingsmore Taina Peña Biggs Jackie Daane Colver Joshua Simi Christina Cassis Jason Lee Jeff Calnen Matt Swanson Bryan Easley Shane Crockett Ryan Price Pierce Cohen Carlo Olmos Colleen Wilson Charlie Hack Conner Boyd Conner Cousins Patrick Sells Al Dominick Joseph Berry Ron Shevlin Marcel van Oost Ted Brown Siya Vansia Frank Sorrentino III Chris Tremont Mike Butler Alberto J. Paracchini Rudy A.P. Beeching Dennis Devine 🧬 🤖 ⚙️ Alex Iskold Jesse Wedler Eric Reiner Emmalyn Shaw Alana Levine

Nathaniel Harley
Add to my network

Location

New York, New York, United States