New office strengthens Q2’s commitment to growth in the Indian market
BENGALURU, India (Jan. 11, 2023) —Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the opening of its state-of-the-art office space in Bengaluru, India. The initiative is part of Q2’s strategy to support its growth and innovation agenda.
The occasion was commemorated with a grand opening event at the new office space hosted by Q2 chief executive officer Matt Flake and chief banking officer Kirk Coleman. The event included a ribbon-cutting ceremony, office tour and employee meetings. Last month, Q2 chief financial officer David Mehok visited the Bengaluru office to kick off the opening with a soft launch and to meet with local team leaders and stakeholders.
At Q2 we have invested in our state-of-the-art office space & We will continue to invest approximately 40% of our revenue & workforce to expand our Bengaluru office, our mission is to build strong and diverse communities by strengthening their financial institutions,” said Matt Flake, CEO for Q2. “The opening of our Bengaluru office will enable us to deepen our mission’s impact by supporting our local India team members and their communities, as well as attracting new talent.”
In the 2022 fiscal year, Q2 achieved a 13-14 percent market growth rate and predicts a similar growth rate for 2023. Since its investment in the Indian market in 2018, Q2 has increased its market presence more than five times. The Bengaluru office supports several Q2 products, and its employees represent a number of functions, including digital banking and point solutions, research and development, implementation and delivery, finance and human resources.
“At Q2, our mission-driven culture is built around collaboration, commitment to our customers and our shared sense of purpose and community,” said Kirk Coleman, chief banking officer for Q2. “The Bengaluru office features state of the art facility to foster collaboration & innovation, with the option to expand over time. We are committed to growth and attracting top technical talent to our organization, and our new office will foster an environment of collaboration and innovation.”
Headquartered in Austin, Texas, Q2 is a publicly traded, comprehensive financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance and fintech companies in the U.S. and internationally. Over its 18 years of business, Q2’s offerings have evolved to not only include its industry-leading digital banking platform, Q2 Innovation Studio, Helix by Q2 (Banking-as-a-Service), Q2 Catalyst (suite of commercial banking solutions) and more.
Q2 is recognized as the “Best in Class” vendor in the 2022 Small Business Digital Banking Vendor Scorecard by Javelin Strategy & Research and the 2021 Aite Matrix: Leading U.S. Cash Management Vendors Report. Additionally, Q2 is a Leader in the IDC MarketScape: North America Digital Banking Customer Experience Platforms 2022 Vendor Assessment Report. The company is also recognized as a top workplace across the United States, earning it a Top Workplaces USA award in 2022, a recognition achieved based on employee feedback gathered through an employee engagement survey issued by Energage.