Q2 Innovation Studio named Finovate Award finalist for best Fintech accelerator/incubator
The award recognizes Q2 for driving innovation for banks and credit unions through partnerships with Fintechs
AUSTIN, Texas, August 24, 2022–(BUSINESS WIRE)–Q2 (NYSE: QTWO), a leading digital transformation provider, announced today that it has been named a Finovate Award finalist for the Best Fintech Accelerator/Incubator category. This is the third time Q2 has been named a finalist, including when Q2’s Digital Banking Platform was a finalist for the Best Back Office/Core Services Solution category in 2021 and when Q2 Partner Marketplace won the Best of Show award in 2020.
Q2 Innovation Studio has experienced exponential growth since its launch last summer. More than 85 fintech partners have chosen Q2’s Digital Banking Platform to offer their fintech solutions to financial institutions. More than 250 banks and credit unions have leveraged Q2 Innovation Studio to expand their digital services and collaborate with innovative fintechs.
“To keep pace with the changing expectations of account holders, the Q2 Innovation Studio was designed to empower financial institutions to innovate faster and deliver differentiated offerings quickly,” said Jonathan Price, Executive Vice President of Emerging Businesses, Corporate and Business Development, Q2. “Banks, credit unions and fintechs want to deliver new personalized product offerings to their consumer and corporate customers. The Q2 Digital Banking Platform with Innovation Studio expands fintechs’ access to banks and credit unions, offering a dramatically faster sales cycle and the ability to scale. in a highly engaged channel that would otherwise be unavailable.”
Built on Q2’s flexible, modern and open Digital Banking Platform, the Q2 Innovation Studio gives fintechs access to a large network of approximately 450 banks and credit unions, and approximately 20 million account holders and members. Q2 Innovation Studio also offers programs designed to help fintechs and other technology providers increase sales velocity and minimize customer acquisition costs with a single integration with the Q2 platform, including built-in marketing and sales support. Over half of Q2’s digital banking customer base utilizes the Q2 Innovation Studio programs, and nearly 1,000 external developers from customers and partners innovate on the Q2 platform.
Other finalists for the Finovate Award for Best Fintech Accelerator/Incubator include BMO InnoV8, ING Labs RegTech Accelerator and BNY Mellon’s Accelerator Program. The winner will be announced on 13 September 2022.
To learn more about Q2 Innovation Studio, visit Q2.com/innovation-studio-active-fi. For more information on the Finovate Awards, visit Informaconnect.com/finovate-industry-awards.
About Q2 Holdings, Inc.
Q2 is a financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance and fintech companies in the US and internationally. With comprehensive end-to-end solution sets, Q2 enables partners to deliver seamless, secure, data-driven experiences to all account holders – from consumers to small businesses and enterprises. Headquartered in Austin, Texas, Q2 has offices worldwide and trades on the NYSE under the ticker symbol QTWO. To learn more, please visit Q2.com.
Visit here to learn more about how these financial institutions and fintech companies developed their innovation through the Q2 Innovation Studio.
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Contacts
For Q2:
Cole Lanier
[email protected]
205-616-6142
