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AUSTIN, Texas (Oct. 16, 2018)—Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital banking solutions for financial institutions, announced today it has successfully completed its acquisition of San Mateo, California-based Cloud Lending, Inc., a SaaS company that provides an integrated end-to-end lending and leasing platform to help lenders close more loans and generate more revenue.

“The acquisition of Cloud Lending will enhance Q2’s ability to deliver advanced digital solutions to financial institutions, alternative finance and leasing companies that help them improve their customers’ borrowing experiences,” said Matt Flake, CEO of Q2. “Cloud Lending increases lending efficiency through the digital channel to accelerate one of our customers’ most important income streams.”

Cloud Lending’s products allow customers to maintain their current loan workflows and risk scoring, but in a digital format. Cloud Lending will benefit from Q2’s scale, infrastructure and resources.

Going forward, Cloud Lending will be branded as Cloud Lending, a Q2 Company. Q2 and Cloud Lending first announced the acquisition agreement on Aug. 8, 2018.

About Q2 Holdings, Inc.

Q2 is a secure, cloud-based digital banking solutions company headquartered in Austin, Texas. Since 2004, it has been our mission to build stronger communities by strengthening their financial institutions. Our digital banking solutions for deposits, money movement, lending, leasing, security and fraud enable financial institutions to deliver a better financial experience to their account holders. Our bank and credit union customers, along with emerging financial services providers, also benefit from actionable data analytics and access to open technology tools. To learn more about Q2, visit www.q2ebanking.com.

About Cloud Lending, Inc.

Cloud Lending is the next-generation, cloud-based lending and leasing platform of choice for leading lenders. The end-to-end lending platform simplifies the borrower experience, increases application volumes, accelerates loan decisioning, and reduces operational inefficiencies through digitization and automation. Offering solutions for consumer, commercial, small business, construction and equipment leasing, Cloud Lending’s proven platform solution means lenders can grow their loan portfolio with one partner, eliminating costs and reducing middle and back office operational churn. To learn more, visit Cloud Lending at https://www.cloudlendinginc.com

Forward-looking Statements:

This press release contains forward-looking statements, including statements about the ability of Cloud Lending’s products to integrate with Q2’s solutions to enhance Q2’s abilities; the ability of Q2 to advance its product offerings together with Cloud Lending; the ability to cross-market Q2 and Cloud Lending’s products; and the potential for Cloud Lending to benefit from Q2’s scale, infrastructure and resources. The forward-looking statements contained in this press release are based upon Q2’s current plans, estimates and expectations and are not a representation that such plans, estimates or expectations will be achieved. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the following: (a) risks related to our ability to successfully integrate Cloud Lending and its technology and personnel; (b) risks related to the execution of our plans, strategies and forecasts, including with respect to our security, compliance, and risk management capabilities and offerings; (c) risks related to the demand for these offerings; (d) risks related to our expectations with respect to the business of Cloud Lending after completion of the transaction and our ability to realize additional opportunities for growth and innovation; and (e) other risks and potential factors that could affect our business and financial results identified in Q2’s filings with the Securities and Exchange Commission. These filings are available on the SEC Filings section of the Investor Relations section of Q2’s website at http://investors.q2ebanking.com/. These forward-looking statements represent Q2’s expectations as of the date of this press release. Subsequent events may cause these expectations to change, and Q2 disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.

Caliper SDK gives financial institutions the tools, knowledge and access necessary to build their own digital banking experiences

August 14, 2018Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, announced today the release of Q2 Caliper SDK, a comprehensive toolkit designed to enable FIs to customize and extend the Q2 Platform to meet their account holders’ expectations and specific needs.

“The Caliper SDK is the latest example of Q2’s broader shift toward leveraging open technology to simplify and accelerate our architecture model,” said Adam Blue, chief technology officer at Q2. “Caliper grants financial institutions a level of knowledge, control and accessibility they haven’t had previously. FIs with varying degrees of development capability can now build their own features and functionality on top of the Q2 Platform to meet their customers’ evolving demands.”

Unlike many other software development kits, the Caliper SDK contains the same tools Q2 developers have consumed internally for more than seven years, allowing FIs the ability to develop and customize their own digital banking solutions quickly and easily.

“Q2 enables our FI to offer our members the ability to bank the way they want to bank, when they want to bank,” said Brad Hutchinson, director of application development for Georgia United Credit Union. “We utilized Caliper to create a balance transfer form and a courtesy pay form for quick go-lives. Being able to do it ourselves with the SDK turned out to be the right move, and it’s already paid for itself.”

While many SDKs offer scarce support, limited capabilities and few customization options, Caliper can be utilized by development teams of any size and contains various components and levels of accessibility to effectively cater to FIs, including:

To access the Q2 Developer Portal, click here. For more information on Q2 and Caliper, visit www.q2ebanking.com.

About Q2 Holdings, Inc.

Q2 is a leading provider of secure, experience-driven digital banking solutions headquartered in Austin, Texas. We are driven by a mission to build stronger communities by strengthening their financial institutions. Q2 provides the industry’s most comprehensive digital banking platform, enriched through actionable data insights, open development tools and an evolving fintech ecosystem. We help clients elevate the experience, drive efficiency and grow faster. To learn more about Q2, visit www.q2ebanking.com.

AUSTIN, Texas (August 8th, 2018)—Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, has announced an agreement to acquire San Mateo, California-based Cloud Lending, Inc., a privately-held SaaS company that provides an integrated end-to-end lending and leasing platform.

Through their platform, Cloud Lending helps lenders close more loans, generate more revenue and provide a better experience to borrowers throughout the loan process.

“By acquiring Cloud Lending, we will be able to help our community and regional financial institutions more effectively manage and grow their lending portfolios—their fundamental income-generating activity,” said Matt Flake, CEO of Q2. “There’s a substantial market opportunity for digital lending, and the addition of Cloud Lending’s talented team and next-generation technology solutions will help Q2 expand our footprint in existing markets, as well as enter new ones.”

As a part of Q2 Holdings, Inc., Cloud Lending will benefit from the scale, infrastructure and resources of its larger parent company.

“The inspiration for Cloud Lending came from our first-hand experience with the impact credit can make in the life of an individual or business,” said Snehal Fulzele, CEO of Cloud Lending, Inc. “This partnership means more lenders will provide greater access to credit for more people and businesses across the globe. Cloud Lending’s team members are excited to partner with Q2 and to continue delivering on our proven track record of innovation in digital lending and leasing.”

The transaction has been approved by the boards of directors of both Q2 and Cloud Lending. Consummation of the proposed transaction is subject to customary closing conditions. The closing of the transaction is expected to occur in the fourth quarter 2018.

About Q2 Holdings, Inc.

Q2 is a leading provider of secure, experience-driven digital banking solutions headquartered in Austin, Texas. The company is driven by a mission to build stronger communities by strengthening their financial institutions. Q2 provides the industry’s most comprehensive digital banking platform, enriched through actionable data insights, open development tools and an evolving fintech ecosystem. It helps clients elevate the experience, drive efficiency and grow faster. To learn more about Q2, visit www.q2ebanking.com.

About Cloud Lending, Inc.

Cloud Lending is the next-generation, cloud-based lending and leasing platform of choice for leading lenders. The end-to-end lending platform simplifies the borrower experience, increases application volumes, accelerates loan decisioning, and reduces operational inefficiencies through digitization and automation. Offering solutions for consumer, commercial, small business, construction and equipment leasing, Cloud Lending’s proven platform solution means lenders can grow their loan portfolio with one partner, eliminating costs and reducing middle and back office operational churn. To learn more, visit Cloud Lending at https://www.cloudlendinginc.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the ability of Cloud Lending’s products to integrate with Q2’s solutions to successfully provide treasury management, compliance and risk management and bank operating solutions; the ability of Q2 to advance its product offerings together with Cloud Lending; and the ability to cross-market Q2 and Cloud Lending’s products. The forward-looking statements contained in this press release are based upon Q2’s current plans, estimates and expectations and are not a representation that such plans, estimates or expectations will be achieved. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the following: (a) risks related our ability to successfully integrate Cloud Lending and its technology and personnel; (b) risks related to the execution of our plans, strategies and forecasts, including with respect to our security, compliance, and risk management capabilities and offerings; (c) risk related to the demand for these offerings; (d) risks related to our expectations with respect to the business of Cloud Lending after completion of the transaction and our ability to realize additional opportunities for growth and innovation; and (e) other risks and potential factors that could affect our business and financial results identified in Q2’s filings with the Securities and Exchange Commission. These filings are available on the SEC Filings section of the Investor Relations section of Q2’s website at http://investors.q2ebanking.com/. These forward-looking statements represent Q2’s expectations as of the date of this press release. Subsequent events may cause these expectations to change, and Q2 disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.

IBM veteran will support Q2 in accelerating product implementations and innovations for community FIs

AUSTIN, Texas (July 31, 2018)Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions (FIs), announced today that IBM veteran, Rekha Garapati, has joined the company as senior vice president of client operations and services.

Garapati’s tenure with IBM spanned more than 18 years and included innovation and operations leadership, data science, and global software development and delivery experience heading teams in China, India, Europe and the U.S. In her new role, Garapati will focus on optimizing Q2’s deployment technologies, processes and services to deliver elevated customer experiences.

“The rapid pace of the financial services industry requires providers to be more nimble than ever,” Garapati said. “I’m thrilled to join Q2’s fast-growing, innovative team and to create more seamless, intuitive experiences for our customers and their account holders.”

Garapati is preceded by John Breeden, who was recently appointed executive vice president of operations for emerging businesses. The move will allow Breeden to focus on new partnerships and accelerating the integration and scaling of Q2 Open, a business unit within the company focused on delivering next-generation financial services offerings leveraging open API technology. His operational expertise and critical understanding of the Q2 Platform will enable Q2 to deliver valuable new products and services while maintaining its unique differentiation in the market.

“As account holder demands continue to evolve, it is imperative that digital banking providers deliver expanded offerings that provide high-value experiences at every stage of the customer journey,” Breeden said. “Q2 Open provides the flexibility, innovative products and experience-driven services account holders demand.”

For more information about Q2 and its leadership team, visit www.q2ebanking.com.

About Q2 Holdings, Inc.

Q2 is a leading provider of secure, experience-driven digital banking solutions headquartered in Austin, Texas. We are driven by a mission to build stronger communities by strengthening their financial institutions. Q2 provides the industry’s most comprehensive digital banking platform, enriched through actionable data insights, open development tools and an evolving fintech ecosystem. We help clients elevate the experience, drive efficiency and grow faster. To learn more about Q2, visit www.q2ebanking.com.

Q2 CardSwap also named a finalist in the 2018 NAFCU Innovation Awards

AUSTIN, Texas (June 12, 2018)—Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, will present an Innovation Theater Session at the NAFCU Annual Conference in Seattle. Led by Scott Weinert, product architect for the Q2 Open team, Q2’s session will explore how credit unions can tap into a top-of-wallet payments strategy. Q2 CardSwap-a top-of-wallet solution that enables account holders to automatically apply new debit or credit card information across their favorite subscription and digital point-of-sale services-was also recently named a 2018 Innovation Award finalist.

NAFCU’s 51st Annual Conference & Solutions Expo is the largest conference in the industry for today’s credit union executives and board members to build, improve upon and implement better strategic planning.

Weinert’s session will take place from 12:30 p.m. to 12:50 p.m. on June 21, 2018. The session closely follows Q2’s release of Biller Direct, a modern, card-enabled payment solution designed to consolidate and present direct biller relationships and provide a new revenue model for financial services providers.

Additional representatives from Q2 will also be participating in the NAFCU Solutions Expo at booth number 711. NAFCU’s Solutions Expo is the hub for the latest technologies, applications and resources available to improve credit union operations and efficiencies, drive new income and better serve members.

To contact the Q2 team and for more information about CardSwap or Biller Direct, visit www.q2ebanking.com.

About Q2 Holdings, Inc.
Q2 is a leading provider of secure, experience-driven digital banking solutions headquartered in Austin, Texas. We are driven by a mission to build stronger communities by strengthening their financial institutions. Q2 provides the industry’s most comprehensive digital banking platform, enriched through actionable data insights, open development tools and an evolving fintech ecosystem. We help clients elevate the experience, drive efficiency and grow faster. To learn more about Q2, visit www.q2ebanking.com.

About NAFCU Services
NAFCU Services Corporation is a wholly-owned subsidiary of the National Association of Federally-Insured Credit Unions (NAFCU). NAFCU Services exists to connect innovative credit unions to the best industry partners. Our Preferred Partner Program has been supporting credit union success for over 40 years. Credit unions rely on NAFCU Services and our Preferred Partners for superior solutions in areas such as technology, security, risk management, operations, insurance, payments, and more. Combined, our partners’ products serve virtually 100% of all credit unions. NAFCU Services selects only those companies that are highly qualified industry leaders, so that credit unions gain access to a vetted portfolio of providers they can trust. For more information, visit www.nafcu.org/nafcuservices and follow on Twitter.

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