Q2

Q2

Provides digital banking solutions for financial institutions

About Q2

Simplify's Rating
Why Q2 is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Austin, Texas

Founded

2004

Overview

Q2 provides digital banking solutions tailored for regional and community financial institutions, alternative finance and leasing companies, and other financial technology firms. Their products include a range of digital banking services, banking as a service, and lending and leasing options that allow users to conduct transactions and engage with their finances from any device, at any time. What sets Q2 apart from its competitors is its focus on empowering community banks and credit unions, helping them enhance their digital presence and improve user engagement. The company's goal is to strengthen communities by supporting the financial institutions that serve them, enabling these institutions to grow and adapt beyond traditional limits.

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2's partnership with Alloy enhances fraud monitoring for banks and credit unions.
  • Integration with Wealth Access offers hyper-personalized banking experiences for customers.
  • Q2 Engage aims to build life-long relationships with account holders through personalized solutions.

What critics are saying

  • Increased competition from startups like Clockout could challenge Q2's market share.
  • Reliance on partner integrations may risk client trust if technical issues arise.
  • Q2 Engage may face challenges if not aligned with financial institutions' strategic goals.

What makes Q2 unique

  • Q2 offers a comprehensive suite of digital banking solutions for financial institutions.
  • Cloud Lending Solutions provides a single system of record for lending operations.
  • Q2's Innovation Studio enables rapid integration with fintech partners for enhanced services.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$142.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-1%

2 year growth

-2%
Hypepotamus
Apr 1st, 2025
Chattanooga’S Clockout Wants To Be The ‘Zelle Of Financial Institutions.’ And Banks Are Buying In.

Read Time: 3 minutes. Tech Topics In This Article: Chattanooga startups, FinTechs

FF News
Jan 23rd, 2025
Q2 Announces New Partnership With Alloy To Deliver Joint Fraud Monitoring Solution For Banks And Credit Unions

Q2 Holdings Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced a strategic partnership with Alloy, a leading identity and fraud prevention platform provider, to deliver a joint ongoing fraud monitoring solution for Q2 Digital Banking customers. Powered by Alloy’s centralized identity decision engine for fraud detection and prevention, this new solution addresses the growing need for financial institutions to take control of their fraud monitoring efforts while maintaining an engaging user experience and growing their business.Through this partnership, Q2 and Alloy will deliver a solution that addresses ongoing fraud risks, such as account takeover and peer-to-peer (P2P) payment fraud, that continuously threaten financial institutions. According to Alloy’s upcoming 2025 State of Fraud Benchmark Report one in three financial institutions lost over $1 million to fraud last year. Additionally, account takeover fraud was the most common fraud type by case volume identified by mid-market banks and credit unions in 2024.“The joint solution Q2 and Alloy are offering will go a long way towards enabling financial institutions to prevent fraud without hindering customer experiences, which is a very difficult thing to do,” said Matt Quale, President of Digital Banking at Forbright Bank. “I’m excited about this partnership’s ability to facilitate business growth and mitigate fraud losses for banks and credit unions.”Alloy will serve as the centralized identity decision engine, integrating Q2’s digital banking data, Q2 Innovation Studio, and Alloy’s robust data partner network to help financial institutions prevent more fraud

PR Newswire
Jan 13th, 2025
Wealth Access Announces Integration With Q2'S Digital Banking Platform

Financial Institutions can now provide data insights solution to account holders through Q2's Digital Banking PlatformNASHVILLE, Tenn., Jan. 13, 2025 /PRNewswire/ -- Wealth Access, the leading customer data insights platform that unifies and enriches data to power hyper-personalized experiences for financial institutions, today announced an integration with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services.Wealth Access' integration with the Q2 Digital Banking Platform allows financial institutions to access their data through a single entry point. Through intelligent data unification across multiple systems, the platform generates dynamic balance sheets, allowing service teams to break down silos, view each client's complete financial history, and collaborate across business lines. Wealth Access delivers deep insights that fuel hyper-personalized banking interactions, strengthen customer loyalty, and drive increased revenue.The Q2 Partner Accelerator Program, through the Q2 Innovation Studio, allows in-demand financial services companies who are leveraging the Q2 Software Development Kit (SDK) to pre-integrate their technology to the Q2 Digital Banking Platform

FF News
Jun 27th, 2024
Avidia Bank Partners With Q2 And Personetics To Modernize Its Digital Banking Experience And Strengthen Engagement

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, announced today that Massachusetts-based Avidia Bank has selected Q2 to modernize and enhance its digital banking experience for its customers. The bank will also leverage Personetics’ AI-powered personalized engagement platform through Q2 Innovation Studio to maximize the impact of the data-driven insights and empower its customers to achieve their financial goals.Founded in 1869, Avidia Bank is a $2.6 billion mutual community bank with a mission to provide its communities with strong and efficient financial solutions and exceptional customer service. Previously, the bank was limited in its capabilities and hindered by system complexities, so it sought Q2 to revamp its digital banking experience and improve and simplify its internal and external processes.In addition to the Q2 Digital Banking Platform, Avidia Bank selected several other Q2 solutions, including Q2 Innovation Studio and Q2 Marketplace, to deliver faster innovation and differentiated experiences. Q2 Innovation Studio will enable Avidia Bank to partner with fintechs to provide its customers with pre-built integrations to enhance the digital banking experience.“As a marketer, I couldn’t be more excited about the potential with Q2,” said Janel Maysonet, senior vice president and chief marketing officer, Avidia Bank. “Q2 enables us to differentiate from other banks by leveraging the Q2 Innovation Studio to embed fintech solutions like Personetics within our digital banking platform

PRWeb
Jun 24th, 2024
Idgo Announces Integration With Q2'S Digital Banking Platform

IDgo announces an integration with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program.PORTLAND, Ore., June 24, 2024 /PRNewswire-PRWeb/ -- IDgo today announced an integration with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a provider of digital transformation solutions for financial services. As part of the Q2 Partner Accelerator Program, financial institutions will be able to purchase IDgo and offer a simple, fast, and secure authentication method via the Q2 Digital Banking Platform. IDgo authentication offers Q2 customers protection from account takeover attacks that can result in loss of funds.The Q2 Partner Accelerator is a program through the Q2 Innovation Studio that allows in-demand financial services companies who are leveraging the Q2 software development kit (SDK) to pre-integrate their technology to the Q2 Digital Banking Platform. This enables financial institutions to work with these partners, purchase their solutions and rapidly deploy their standardized integrations to their customers."Integrating IDgo with the Q2 Digital Banking Platform empowers Q2 customers with a streamlined login and multi-factor authentication process for potential high-risk transactions like funds transfers and remote deposit captures," said Rocky Scales, IDgo's CEO.To learn more about IDgo and the Q2 Innovation Studio Partner Accelerator Program, please click here.About IDgoIDgo, www.idgo.io, is a user authentication platform that offers device-based biometric authentication with superior user experience compared to existing authentication methods

There are no jobs for Q2 right now.

Find jobs on Simplify and start your career today

💡
Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →