Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for the financial services industry, is proud to celebrate its 20th anniversary. This milestone represents two decades of innovation and dedication to empowering financial institutions and enhancing their communities. The company is also marking its 10th anniversary as a publicly traded entity.
Founded in 2004 in Austin, TX, by R.H. “Hank” Seale III, Q2 set out to revolutionize the banking industry through technology-driven innovation. In 2014, the company went public on the NYSE under the symbol QTWO. Today, Q2 serves approximately 1,400 customers, including 58 of the 100 banks featured on Forbes’ America’s Best Banks list. As of December 31, 2023, Q2 has grown to over 2,300 employees worldwide. The company is recognized as a digital banking leader across Consumer Banking, Small-to-Medium-Sized Business (SMB), and Commercial Banking by industry analysts IDC, Javelin, and Datos Insights (formerly Aite Novarica).
“Reaching 20 years in business and a decade as a publicly traded company reflects the hard work of our people and the value we deliver to our customers,” said Matt Flake, chairman and CEO of Q2. “Our focus on customers and our mission has guided us through industry changes and challenges, and it’s an honor to work with such a talented team that has driven Q2’s growth and success.”
Throughout its history, Q2 has led the way in digital banking innovation and expanded its capabilities by acquiring companies like 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). The company has also launched initiatives such as Q2 Innovation Studio and Helix to meet the evolving needs of its customers.
“I’ve witnessed our growth from a small start-up with fewer than 20 employees to a global organization,” said Adam Blue, chief technology officer at Q2. “While our growth has been remarkable, what’s even more impressive is our commitment to our mission of strengthening communities by empowering their financial institutions. Our focus on our customers, culture, and commitment to innovation has set Q2 apart in the industry.”
Q2’s mission-driven culture emphasizes community service, philanthropy, and inclusivity. Through its corporate social responsibility program, Q2 Spark, employees contributed over 10,300 volunteer hours in 2023 and, together with the company, donated more than $1.3 million to charitable organizations. To commemorate its 20th anniversary, Q2 employees have pledged to volunteer 20,000 hours in 2024. The Q2 Philanthropy Fund continues to support nonprofits worldwide. Additionally, in partnership with Austin FC, Q2 engages in community service initiatives like the Q-mmunity Gives grant, which supports underrepresented communities, and the Dream Starter competition, designed to help Austin entrepreneurs from underrepresented groups accelerate their ventures.
