Finli, a digital back office platform for small businesses, 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. This integration means “that Finli’s platform will be accessible within Q2’s Digital Banking Platform, and financial institutions can easily offer business clients the digital tools they need to be successful.”
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 to 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.”
With increasing innovation and competition that neobanks “bring to the industry, small business owners are expecting more than just basic account services from their financial institution.”
The integration with Q2’s Digital Banking Platform, “will allow banks and credit unions to deliver Finli’s solution directly to business banking clients, providing them with invoicing, inventory management, digital payment collection, CRM, communications, and quote management. Finli offers community-based financial institutions the ability to remain competitive in the rapidly changing financial services space.”
Johnny Ola, managing director of the Q2 Innovation Studio, said:
“We are pleased to welcome Finli to the Q2 Partner Accelerator Program. Financial Institutions now have the capability to offer Finli’s digital back office platform to their business banking customers.”
Lori Shao, founder and Chief Executive Officer of Finli, said:
“Finli equips community-based financial institutions with the most effective and comprehensive toolbox for their critical work in supporting small businesses.”
As noted in the update, Finli is on a mission “to financially lift local communities.”
An all-in-one platform built for service-based small businesses in the US, Finli allows businesses “to manage invoices, payments, inventory, quotes, and customer communication in a single platform.”