Q2

Digital banking solutions for financial institutions

Austin, Texas, United States

About Q2

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 interact with their financial institutions 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 diverse communities by supporting the financial institutions that serve them, enabling these institutions to grow and adapt beyond traditional limits.

Austin, TexasHeadquarters
2004Year Founded
$40.1MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Hybrid Work Options
Professional Development Budget

Risks

Increased competition from fintechs could erode Q2's market share.
Rapid technological changes may outpace Q2's innovation capabilities.
Economic downturns could reduce financial institutions' spending on digital transformation.

Differentiation

Q2 offers a comprehensive suite of digital banking solutions for financial institutions.
Q2's Partner Accelerator Program enables rapid deployment of fintech integrations.
Q2 Engage focuses on personalized consumer banking experiences to enhance user engagement.

Upsides

Q2 powers 60% of Forbes' America's Best Banks, showcasing its solution effectiveness.
Integration with AI platforms like Personetics enhances personalized customer engagement.
Q2's platform helps financial institutions grow deposits without relying on interest rates.

Funding

Total raised$40.08 M
Latest valuation$415.30 M
StageIPO
IPO
2/28/2014
$101
$415.30 M
$20
$100.00 M
SERIES B
11/30/2011
$11
$55.00 M
SERIES A
7/31/2007
$10
$51.00 M