SCOTTSDALE, Ariz., November 1, 2022 /PRNewswire/ — equipifi, a fintech company that provides banks and credit unions with white-label Buy Now, Pay Later (BNPL) solutions, announced its integration with the Q2 Digital Banking Platform, through the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for banking and lending. Through this integration, equipifi will offer BNPL services in the Q2 Digital Banking Platform. 60 percent of US consumers have used BNPL at least once and more 70 percent of BNPL users prefer solutions from their trusted financial institutions.
The Q2 Partner Accelerator is a program through the Q2 Innovation Studio that allows on-demand financial services companies leveraging the Q2 SDK to integrate their technology into the Q2 Digital Banking Platform. This allows financial institutions to work with these partners, purchase their solutions and rapidly deploy their standardized integrations to their customers.
equipifi’s white label BNPL solution integrates with banks and credit unions to curate offers that consumers can view, receive and manage through their existing banking apps. By offering BNPL, financial institutions enable their debit cardholders to pay for purchases in a way that aligns with their financial goals.
“We are delighted to see equipifi join the Partner Accelerator Program,” said Johnny Ola, Managing Director, Q2 Innovation Studio. “Our financial institution customers now have the option to offer equipifi’s Buy Now, Pay Later service to their account holders.”
“Consumers have become accustomed to flexible purchasing options through third-party vendors that now offer BNPL solutions, and they have the same expectations of their financial institutions when establishing their preferred payment method,” said Bryce Deeney, co-founder and CEO of equipifi. “Through the integration of equipifi with the Q2 Digital Banking Platform, Q2 customers will have the ability to offer a more convenient payment method for their customers’ purchase journey.”
To learn more about the Q2 Innovation Studio Partner Accelerator Program, please click here.
equipifi is a financial technology SaaS that powers banks and credit unions with Buy Now, Pay Later (BNPL) solutions that align with their customers’ financial goals. The equipifi platform seamlessly integrates with financial institutions to help them deepen customer engagement, grow market share, increase revenue and provide a single place to view, receive and manage BNPL plans on their existing banking apps. For more information, please visit www.equipifi.com.
About Q2 Holdings, Inc.
Q2 is a financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance and fintech companies in the US and internationally. With a comprehensive set of end-to-end solutions, Q2 enables its partners to provide a cohesive, secure, data-driven experience to every account holder – from consumers to small businesses and enterprises. Headquartered in Austin, Texas, Q2 has offices around the world and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com.