AdvertisementAdvertisementBusiness07 Aug 2026 12:06AM (Updated: 07 Aug 2026 12:13AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST NEW YORK, Aug 6 : Digital banking software provider Alkami Technology has formally launched a sale process after drawing acquisition interest from potential buyers amid mounting pressure from activist investor Jana Partners, according to people familiar with the matter.The Plano, Texas-based company's advisers began contacting private equity firms over the past week following the inbound interest, the sources said. The discussions are in their early stages and no deal is guaranteed, the sources said, speaking on condition of anonymity because the matter is confidential.Alkami did not immediately respond to a request for comment.Show MoreShow LessThe process comes on the back of activist investor Jana Partners contending Alkami was failing to run a genuine sale process, according to a Bloomberg report last month.Alkami provides cloud-based digital banking software and related services to banks and credit unions, including account opening, payments, fraud protection, data analytics and customer engagement tools.Jana disclosed a 5.1 per cent stake in Alkami in April after building its position in the company in 2025. Reuters previously reported that the hedge fund believed Alkami's shares were undervalued and had urged the company to explore a sale to a strategic buyer or private equity firm. Alkami has a market value of about $2 billion. Its shares have fallen about 15 per cent over the past 12 months amid concerns over slowing growth and a tougher spending environment for financial technology companies.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST