Alphabet’s CapitalG unit led a round that increased the banking technology developer's overall funding to more than $60m.

CapitalG, the growth equity subsidiary of internet and technology group Alphabet, led a $40m series B round for US-based banking technology provider Mantl yesterday.

The round also featured D1 Capital Partners, BoxGroup, Point72 Ventures, Clocktower Technology Ventures and OldSlip Group.

Mantl has developed software used by banks and credit unions to onboard new digital banking customers.

The platform enables banking customers to open an account on any device while automating the application decision process. The capital will be used to…