US-based Q2 Holdings Inc., a provider of digital transformation solutions for banking and lending has opened an office in Bengaluru, India. The initiative is part of Q2’s strategy to support its growth and innovation agenda.
According to Matt Flake, CEO of Q2,
In 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. 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.” 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.
Kirk Coleman, chief banking officer of Q2 said:
“At Q2, our mission-driven culture is built around collaboration, commitment to our customers and our shared sense of purpose and community. 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.”
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.
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.
