Q2 Celebrates 20 Years of Transforming the Banking Industry

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Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, is celebrating its 20th anniversary. Founded in 2004 in Austin, TX, Q2 has grown to serve approximately 1,400 customers, including 58 of the top 100 banks on Forbes' America's Best Banks list. The company went public in 2014 and now employs over 2,300 people globally.

Q2 has expanded its capabilities through strategic acquisitions and launched innovative businesses like Q2 Innovation Studio and Helix. The company is recognized as a digital banking leader across Consumer, SMB, and Commercial Banking sectors. Q2's corporate social responsibility program, Q2 Spark, has resulted in over 10,300 volunteer hours and $1.3 million in donations in 2023 alone. For 2024, Q2 employees have committed to 20,000 volunteer hours to mark their 20-year legacy.

This milestone commemorates Q2’s progress in building strong and diverse communities by strengthening their financial institutions

AUSTIN, Texas--(BUSINESS WIRE)-- Q2 Holdings, Inc., (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced the celebration of the company’s 20^th anniversary. This milestone marks two decades of innovation and commitment to empowering financial institutions and strengthening their communities. Q2 also celebrates its 10th anniversary as a public company.

Q2 was founded in 2004 in Austin, TX, by R.H. “Hank” Seale III, who set out to transform the banking industry through technology-driven innovation. In 2014, Q2 became a publicly traded company on the NYSE under the symbol QTWO. Today, Q2 has approximately 1,400 customers, and 58 of the 100 banks recognized on Forbes' America's Best Banks list are customers of Q2. As of December 31, 2023, Q2 had more than 2,300 employees across the globe. Q2 is the only platform ranked as a digital banking leader across Consumer Banking, small-to-medium-sized business (SMB), and Commercial Banking by IDC, Javelin, and Datos Insights (formerly Aite Novarica), respectively.

“Celebrating 20 years of business and 10 years as a publicly-traded company is a testament to our people and the value of the products and services we provide to our customers,” said Matt Flake, chairman and chief executive officer at Q2. “Throughout our long history, we have continued to focus on our customers and our mission, and our guiding principles have helped us adapt to industry changes and challenges. It is a privilege to work with so many talented people who’ve helped Q2 grow and achieve great success.”

Since its founding, Q2 has remained at the forefront of digital banking innovation and has also expanded its capabilities by acquiring innovative companies to better serve its customers’ evolving needs, including Centrix (fraud and risk management), Social Money (Banking as a Service), Unbill (bill payment), Cloud Lending (lending and leasing platform), Gro (consumer account opening), PrecisionLender (commercial relationship pricing and profitability), ClickSWITCH (digital account switching), and Sensibill (spend management). Q2 has also launched emerging businesses such as Q2 Innovation Studio and Helix.

“I’ve watched as we’ve grown from a small start-up with less than 20 employees to a publicly traded global organization,” said Adam Blue, chief technology officer at Q2. “The growth is amazing, but what’s more incredible is that we have stayed true to our mission to create strong and diverse communities by strengthening their financial institutions. Our focus on our customers, our culture and our commitment to innovation are three key areas that have distinguished Q2 in the market.”

Q2’s mission-driven organization has fostered a culture of community service, philanthropy, and belonging and inclusion. Q2 Spark, its corporate social responsibility program, gives team members the opportunity to serve through volunteer efforts. In 2023, Q2 employees volunteered more than 10,300 hours and, in combination with the company, donated more than $1.3 million to philanthropic organizations. To celebrate its 20-year legacy, Q2 employees have committed to volunteering 20,000 hours in 2024. Q2’s Philanthropy Fund awards grants to nonprofits across the globe. The company also partners with Austin FC to serve the community through programs such as Q-mmunity Gives grant, which help the advancement of underrepresented communities, and the Dream Starter competition, which supports Austin entrepreneurs from underrepresented groups to accelerate their entrepreneurial venture.

Q2 has been awarded numerous awards for its culture, including Energage’s Top Workplaces, CNBC’s Top 250 Fintech Companies, and U.S. News & World Report’s Best Companies to Work For in the South.

To learn more about Q2, please visit https://www.q2.com/.

About Q2 Holdings, Inc.

Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2 enables its financial institution and fintech customers to provide comprehensive, data-driven digital engagement solutions for consumers, small businesses and corporate clients. Headquartered in Austin, Texas, Q2 has offices worldwide and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com. Follow us on LinkedIn and X to stay up to date.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240827401160/en/

Media Contact

Maria Gari

Q2 Holdings, Inc.

Maria.gari@q2.com

315-657-0041

Source: Q2 Holdings, Inc.

FAQ

What is Q2 Holdings' stock symbol?

Q2 Holdings' stock symbol is QTWO, traded on the New York Stock Exchange (NYSE).

How many customers does Q2 Holdings have as of 2024?

As of 2024, Q2 Holdings serves approximately 1,400 customers, including 58 of the top 100 banks on Forbes' America's Best Banks list.

When was Q2 Holdings founded and when did it go public?

Q2 Holdings was founded in 2004 in Austin, Texas. The company went public in 2014, trading on the NYSE under the symbol QTWO.

How many employees does Q2 Holdings have globally?

As of December 31, 2023, Q2 Holdings had more than 2,300 employees across the globe.

What is Q2 Spark and how much did Q2 employees volunteer in 2023?

Q2 Spark is Q2's corporate social responsibility program. In 2023, Q2 employees volunteered more than 10,300 hours through this program.