Fintech REPAY Announces Integration With Q2’s Digital Banking Platform

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program.

Q2 Holdings, Inc. (NYSE: QTWO) is “a provider of digital transformation solutions for banking and lending.”

As part of the Q2 Partner Accelerator Program, financial institutions will be “able to purchase REPAY and then offer its payment technology directly through Q2’s Digital Banking Platform, further expanding REPAY’s reach in the personal loan and credit union industries.”

The Q2 Partner Accelerator is “a program through the Q2 Innovation Studio that allows in-demand financial services companies who are leveraging the Q2 SDK to pre-integrate their technology into the Q2 Digital Banking Platform.”

This enables financial institutions “to work with these partners, purchase their solutions and rapidly deploy their standardized integrations to their customers.”

Jake Moore, EVP, Consumer Payments, REPAY, said:

“Q2 has a strong reputation as a company that works to provide the best services possible in the financial and banking industries. We are committed to expanding our offerings in the personal loan and credit union verticals and look forward to delivering our robust payment technology to clients using Q2’s Digital Banking Platform.”

Johnny Ola, managing director of the Q2 Innovation Studio, said:

“We are pleased to welcome REPAY to the Q2 Partner Accelerator program. Financial Institutions now have the capability to offer REPAY’s payment solution through Q2’s Digital Banking Platform.”

The integration will enable REPAY “to offer its payment acceptance capabilities, including card and ACH solutions, to financial institutions using Q2’s Digital Banking Platform.”

As covered last month, Repay Holdings Corporation, a provider of vertically-integrated payment solutions, announced a new technology integration with Optima Global Solutions, a software and services firm specializing in providing IT consulting and digital transformation solutions.

The integration will “enable Optima’s customers to further streamline accounts payable processes and securely pay vendors and suppliers directly through transcendAP, Optima’s intelligent accounts payable automation solution for efficient and secure payment of approved invoices.”

transcendAP, “built on Kofax TotalAgility, the intelligent automation platform, streamlines the procure to pay lifecycle through automatically capturing, extracting, classifying and processing purchase order and non-purchase order invoices.”

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