Alkami Technology announced that State Bank of Texas (SBT) has completed the launch of its full‑stack digital banking platform built on Alkami’s cloud‑native technology. The new platform, which went live on February 19 2026, delivers mobile check deposit, real‑time alerts, card controls, and streamlined business banking tools to SBT’s retail and commercial customers.
The win adds a recurring subscription revenue stream for Alkami and expands its footprint among community banks. Each new client represents an immediate, predictable revenue source and opens the door to cross‑sell opportunities for Alkami’s onboarding and data‑analytics solutions. The deployment also demonstrates the scalability of Alkami’s architecture, which supports simultaneous consumer and business banking services on a single platform.
SBT’s chief operating officer, John Hutcherson, said the partnership “empowers State Bank of Texas to deliver a modern, secure, and intuitive digital banking experience that truly puts our customers first.” Alkami’s vice president of product management, Taylor Adkins, added that the platform “gives us the flexibility to deliver that now and as their needs evolve.”
Investors have noted that the launch reinforces Alkami’s strong recurring‑revenue model and its focus on community banks, which has driven a 30% revenue growth and a 113% net‑retention rate in recent periods. At the same time, analysts have highlighted competitive pressure from larger digital‑banking providers and the risk of industry consolidation, which could erode Alkami’s market share.
The deployment positions Alkami to accelerate its expansion into adjacent banking services such as AI‑powered relationship management and real‑time payments. The company’s recent acquisitions of Segmint and MANTL further strengthen its data‑analytics and onboarding capabilities, creating a more comprehensive platform that can capture higher average revenue per user.
Overall, the State Bank of Texas launch is a key milestone that validates Alkami’s technology, expands its client base, and supports its growth strategy in the community‑bank digital‑banking market.
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