Helix and BM Technologies Collaborate to Deliver Next-Generation Embedded Finance
20 Octobre 2022 - 3:00PM
Business Wire
Combined solutions provide a modern
banking-as-a-service platform, award-winning app development
services and program management to enable leading brands to deliver
differentiated experiences
Helix by Q2 (NYSE:QTWO), a cloud-native platform purpose-built
for embedded finance, and BM Technologies, Inc. (NYSE
American:BMTX), formerly known as BankMobile, have announced they
are partnering to provide comprehensive embedded banking solutions
for consumer brands, combining Helix’s embedded finance platform
and bank partnerships with BM Technologies’ award-winning app
development services and program management. The combined solution
enables consumer brands to offer differentiated banking solutions
that enhance their brand experience without having to build and
manage it themselves.
Helix offers the building blocks of banking – accounts, cards,
payments, data controls, administrative tools and monetization
solutions – all in one place, making it easier for fintechs and
innovative brands to embed personalized financial experiences
within their applications. Today, Helix serves more than 13 million
users, processing over $40 billion in transactions annually.
BM Technologies offers a completely customizable presentation
experience and industry-leading back-office capabilities as a part
of its Banking-as-a-Service (BaaS) product offering on a
cloud-based platform built for embedded finance. BM Technologies
provides a one-stop shop for app development services and program
management, including compliance, Know Your Customer (KYC),
anti-money laundering (AML), fraud management, and daily
operations, along with offering turnkey, customizable customer care
solutions. It serves more than two million accounts.
“We are excited to work together with BM Technologies to meet a
clear need in the market. Traditionally, brands who wanted
assistance with app development and program management had to
compromise their goals and instead launch a standardized product
due to limitations with the core and program manager,” said Ahon
Sarkar, general manager of Helix. “The combination of Helix and BM
Technologies delivers a comprehensive and modular
banking-as-a-service solution that enables consumer brands to
launch unique, fully managed banking products that integrate deeply
with their existing business and help them differentiate and drive
long-term engagement.”
“The combination of Helix's embedded finance platform with our
comprehensive app development services and program management will
enable us to better meet the needs of the rapidly evolving
financial services market. Together we will solve the critical
market needs around flexibility, scalability, innovation, and speed
to market. Given our cloud-first technology stack, we will be able
to easily integrate Q2’s user-friendly tools into our platform to
provide our customers with a seamless experience. In addition, our
complementary solutions will be a win-win for everyone involved,”
said Jamie Donahue, chief technology officer at BM
Technologies.
For more information on Helix by Q2, visit helix.q2.com. For
more information on BM Technologies, Inc., visit bmtx.com.
About Helix by Q2
Helix gives innovative fintech and brands the building blocks of
banking — accounts, cards, payments, data and controls, admin
tools, and monetization solutions — to make it easy to embed
personalized financial experiences that easily integrate and scale.
For more information on Helix, visit helix.q2.com.
About BM Technologies, Inc.
BM Technologies, Inc. (NYSE American:BMTX) - formerly known as
BankMobile - is among the largest Banking-as-a-Service (BaaS)
providers in the country, providing access to checking and savings
accounts, personal loans, credit cards, and financial wellness. It
is focused on technology, innovation, easy-to-use products, and
education with the mission to financially empower millions of
Americans by providing a more affordable, transparent, and
consumer-friendly banking experience. BM Technologies, Inc. (BMTX)
is a technology company and is not a bank, which means it provides
banking services through its partner bank. More information can be
found at www.bmtx.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221020005683/en/
PR Contacts: Helix Cole Lanier Cole.lanier@q2.com
205-616-6142
BM Technologies, Inc. Brigit Hennaman Rubenstein Public
Relations bhennaman@rubensteinpr.com 212-805-3005
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