Q2eBanking Named Among Inc. Magazine’s List of America’s 500 Fastest-Growing Private Companies

Q2eBanking Named Among Inc. Magazine’s List of America’s 500 Fastest-Growing Private Companies

August 24, 2011

Q2eBanking Named Among Inc. Magazine’s List of America’s 500 Fastest-Growing Private Companies

Company ranks among the top 25 financial services companies in 2011 Inc. 500

AUSTIN, Aug. 24, 2011 — Q2ebanking, a provider of premier electronic banking solutions for community focused banks and credit unions throughout the United States, announced today that Inc. magazine ranked the company number 377 on its 30th annual Inc. 500, an exclusive list of the nation’s fastest-growing private companies. The company is among the top ten companies listed in the Austin metro area and in the top 25 companies for financial services. The list represents the most comprehensive look at the economy’s most important segments –America’s independent entrepreneurs. Companies such as Microsoft, Zappos, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle and many other well-known names gained early exposure as members of the Inc. 500. Q2ebanking was also included on last year’s Inc. 500, making this its second year on the list. The 2011 list is featured in the September issue of Inc. Magazine and will be available on newsstands from August 23 to November 15 and also on Inc.com. This year’s Inc. 500 is a group of companies that are smaller but much faster-growing than last year’s, with aggregate revenue of $10.5 billion and a median three-year growth of 1,275 percent. The companies on this year’s list employ more than 46,000 people and generated over 35,000 jobs in the past three years. “It is an honor to be recognized once again on the Inc. 500 list among so many strong and successful companies,” said Matt Flake, president of Q2eBanking. “We attribute the steady growth of Q2ebanking to the increasing number of banks and credit unions that acknowledge the need for a powerful and secure electronic banking platform. Inclusion on the ranking is a testament to our ongoing commitment to the financial services industry, the efforts of our employees and the trust and support of our clients. We are dedicated to evolving as the industry and regulatory climate change, ensuring that our clients can provide their customers and members with the most convenient e-banking options and highest level of security possible.”


The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found atwww.inc.com/500.