Q2 Holdings, Inc. Among Apps Top 500

Q2 Holdings, Inc. Strengths, Domain Expertise, and Key Differentiators

Q2 is a provider of secure, cloud-based digital solutions that transform the ways in which traditional and emerging financial services providers engage with account holders and end users, or End Users. Q2 sell their solutions to financial institutions, alternative finance and leasing companies, or Alt-FIs, and financial technology companies, or FinTechs. Q2 solutions enable their customers to deliver robust suites of digital banking, lending, leasing, and banking as a service, or BaaS, services that make it possible for End Users to transact and engage anytime, anywhere and on any device.

Q2 Holdings, Inc. Recent Developments

November 2021— Q2 Holdings, Inc. and Boston Consulting Group (BCG) today announced the launch of YieldBuilder to help solve one of the top challenges for commercial banks in North America: effective loan pricing.

In May 2020, Q2 brought its Banking-as-a-Service (“BaaS”) offering under the Q2 brand banner—as Q2 BaaS. As part of this transition, Q2 and StoneCastle dissolved their partnership, known in the market as Cambr. Going forward, Q2, which owns the core technology that powers innovative onboarding, deposit processing, debit card, and payment solutions for blue-chip clients like Acorns, will continue to invest under the Q2 BaaS moniker and will market these solutions to fintechs, innovative brands and global corporations independent of StoneCastle.

Q2 Holdings, Inc. Mergers and Acquisitions (M&A) Activities

In November 2019, Q2 Holdings, Inc., announced it has completed the acquisition of Lender Performance Group LLC (“PrecisionLender”) in a cash transaction valued at approximately $510 million. Based in Charlotte, North Carolina, PrecisionLender is an enterprise SaaS provider of data-driven sales enablement, pricing, and portfolio management solutions for financial institutions (“FIs”)globally.

In December 2018, Q2 Holdings has acquired Atlanta-based Gro Solutions, a provider of industry-leading account opening and digital sales and marketing solutions for financial institutions (FIs). The acquisition reflects both companies' ongoing mission of providing best-in-class digital experiences to FIs and the broader financial services industry. Gro Solutions provides a digital sales platform that drives customer acquisition growth across all digital channels. The Gro platform enables customers to make personalized recommendations and cross-sell products—from deposit accounts to loans for both retail and business clients. Gro's solution combines advanced, multichannel account opening with targeted marketing capabilities as well as a shopping cart experience. Account-holders can simply add financial products when and how they need them.

Q2 Holdings, Inc. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Q2 Holdings, Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Q2 Holdings, Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Q2 Digital Banking Platform, Q2 Lending and Leasing, Q2 BaaS, customers.

Q2 Holdings, Inc. Key Enterprise and Cloud Applications

Q2 Digital Banking Platform, Q2 Lending and Leasing, Q2 BaaS,

Q2 Holdings, Inc. Revenues, $M:

Type/Year	2020	2021	YoY Growth, %
Total Revenues, $M	Subscribe	Subscribe	Subscribe
Enterprise Applications Revenues, $M	Subscribe	Subscribe	Subscribe
Cloud Applications Revenues, $M	Subscribe	Subscribe	Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Q2 Holdings, Inc. Revenue Breakdown By Type, $M:

Q2 Holdings, Inc. Enterprise Applications Revenues By Functional Markets, $M:

Split by Functional Markets	% of Total Revenues	2021 Enterprise Apps Revenues, By Functional Markets, $M
Analytics and BI	Subscribe	Subscribe
Collaboration	Subscribe	Subscribe
Content Management	Subscribe	Subscribe
Customer Relationship Management	Subscribe	Subscribe
eCommerce	Subscribe	Subscribe
Enterprise Performance Management	Subscribe	Subscribe
ERP Financial Management	Subscribe	Subscribe
ERP Services and Operations Management	Subscribe	Subscribe
Human Capital Management	Subscribe	Subscribe
IT Service Management	Subscribe	Subscribe
PLM/Engineering	Subscribe	Subscribe
Project Portfolio Management	Subscribe	Subscribe
Procurement	Subscribe	Subscribe
Sales Performance Management	Subscribe	Subscribe
Supply Chain Management	Subscribe	Subscribe
Treasury and Risk Management	Subscribe	Subscribe
Total	Subscribe	Subscribe

Q2 Holdings, Inc. Enterprise Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2021 Enterprise Apps Revenues, By Verticals, $M
Aerospace and Defense	Subscribe	Subscribe
Automotive	Subscribe	Subscribe
Banking and Financial Services	Subscribe	Subscribe
Communication	Subscribe	Subscribe
Construction and Real Estate	Subscribe	Subscribe
Consumer Packaged Goods	Subscribe	Subscribe
Distribution	Subscribe	Subscribe
Education	Subscribe	Subscribe
Government	Subscribe	Subscribe
Healthcare	Subscribe	Subscribe
Insurance	Subscribe	Subscribe
Leisure and Hospitality	Subscribe	Subscribe
Life Sciences	Subscribe	Subscribe
Manufacturing	Subscribe	Subscribe
Media	Subscribe	Subscribe
Non Profit	Subscribe	Subscribe
Oil, Gas and Chemicals	Subscribe	Subscribe
Professional Services	Subscribe	Subscribe
Retail	Subscribe	Subscribe
Transportation	Subscribe	Subscribe
Utilities	Subscribe	Subscribe
Total	Subscribe	Subscribe

Q2 Holdings, Inc. Revenues By Region, $M

Region	% of Total Revenues	2021 Total Revenues, $M	2021 Enterprise Applications Revenues, $M	2021 Cloud Applications Revenues, $M
Americas	Subscribe	Subscribe	Subscribe	Subscribe
EMEA	Subscribe	Subscribe	Subscribe	Subscribe
APAC	Subscribe	Subscribe	Subscribe	Subscribe
Total	Subscribe	Subscribe	Subscribe	Subscribe

Q2 Holdings, Inc. Direct vs Indirect sales

Region	Direct Sales	Indirect Sales	Total
Type %	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe

Q2 Holdings, Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Q2 Holdings, Inc. Customers

No. of Q2 Holdings, Inc. Customers: 450

No. of Q2 Holdings, Inc. Enterprise Applications Customers: 450

No. of Q2 Holdings, Inc. Cloud Customers: 400

No. of Q2 Holdings, Inc. Cloud Subscribers: 13100000

As of December 2020, Q2 had 450 installed digital banking platform customers located in 48 states, and those customers had approximately 17.8 million consumer and commercial users registered on Q2 digital banking platform. Registered users of Q2 digital banking platform, or Registered Users, executed over $1.4 trillion in financial transactions on Q2.

Q2 Holdings, Inc. Market Opportunities, M&A and Geo Expansions

Q2 believes there is significant opportunity to expand their relationships with existing customers by selling additional solutions such as their lending and leasing, digital account opening and data-driven sales enablement and portfolio management solutions. In addition, their revenues from existing customers continue to grow as these customers increase the number of End Users on their solutions and as the number of transactions these End Users perform on their solutions increases.

Q2 Holdings, Inc. Risks and Challenges

Because of the limited number of banks being created after the financial crisis, Q2 may need to ramp up its acquisition engine in order to increase its coverage. While the number of US banks has been declining sharply over the past 15 years, Q2 needs to drive greater adoptions through unconventional channels such as social media and mobile. Additionally Q2 may have to add mobile payment capabilities as part of its standard offering in order to attract more millennial users.

Q2 Holdings, Inc. Ecosystem, Partners, Resellers and SI

Q2's channel partners include American Bankers Assosciation, Cardinal Software, COCC Financial Technology Solutions, CuProdigy, DCI - datacenterinc.com, PSCU Forward, TRICUE a technology CUSO, TriNovus and Western independant bankers. Its Technology Partners are Andera, Centrix Solutions, FIS, FUNDtech, Geezeo, iPayTechnologies, Trusteer and Yodlee. Q2ebanking has a partnership with Acculynk, payments technology company, to provide real-time person-to-person (P2P) payment solution through Acculynk's Payzur service.

Q2 Holdings, Inc. Cloud Infrastructure Insights

Subscribe to read more about:

• Q2 Holdings, Inc. Public Cloud and Infrastructure (IaaS)
• Q2 Holdings, Inc. Platform (PaaS)
• Q2 Holdings, Inc. Application Delivery
• Q2 Holdings, Inc. Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link:

https://www.appsruntheworld.com/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ

Copyright © 2023, APPS RUN THE WORLD