ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Helix and BM Technologies Collaborate to Deliver Next-Generation Embedded Finance

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.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  199.34
-8.20 (-3.95%)
AAPL  248.80
-4.09 (-1.62%)
AMD  201.99
-1.78 (-0.87%)
BAC  46.97
-1.27 (-2.63%)
GOOG  273.76
-6.98 (-2.49%)
META  525.72
-21.82 (-3.99%)
MSFT  356.77
-9.20 (-2.51%)
NVDA  167.52
-3.72 (-2.17%)
ORCL  139.66
-3.15 (-2.21%)
TSLA  361.83
-10.28 (-2.76%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.