Q2 and StoneCastle Announce PartnershipSource: Business Wire
The companies have launched Cambr, which enables leading brands and fintech companies to easily offer banking products and services
Together, the companies have launched Cambr, which includes the
capabilities of Q2 Open’s digital cloud-based platform (CorePro) and
StoneCastle’s digital deposit network of more than 800 community banks
(StoneCastle Deposit Network). Cambr also includes strategic
relationships with partner financial institutions (FIs) that serve as
banks of record. Through Cambr, any company can now offer banking
products and services with full
Leading fintech companies and brands can now rapidly and seamlessly offer deposit accounts, debit cards and other financial products and services, expanding their customer relationships all under their brand name. Cambr’s innovative structure delivers robust interest and interchange revenue while providing security, scale, and stability.
“We’re proud to partner with Q2 on this exciting opportunity,” said
“As new entrants continue to join the financial services race, it’s our
mission to find new and creative ways for FIs to play a critical role in
delivering these services,” said
Leading brands and fintech companies that wish to offer deposit accounts, debit cards and more can now do so at scale using Cambr. To learn more, visit www.cambr.com.
Q2 is a leading provider of secure, experience-driven digital banking
solutions headquartered in
StoneCastle and its affiliates are leading providers of insured cash
solutions for many of the world’s largest institutions and most
innovative companies. Our financial technology focuses on pioneering
solutions to store, move and optimize money by delivering scalable,
profitable and secure cash solutions for our clients and their users.
Through our proprietary end-to-end platform, we store and optimize those
deposits across our digitally linked network of