BIP Capital Fintech Portfolio Company, Gro Solutions, Acquired by Q2 Holdings, Inc

Today Gro Solutions, one of our portfolio companies focused on fintech, announced its acquisition by Q2 Holdings, Inc. (NYSE:QTWO). Gro Solutions is a leading provider of digital growth solutions for banks and credit unions, and became part of our portfolio of companies in March 2017 when it closed a $4.25 million round of funding.

Gro’s addition will provide Q2’s customers with advanced, omnichannel account opening capabilities and a configurable sales platform designed to increase conversion and reduce abandonment. FIs that have implemented Gro’s mobile-first solutions have seen significant increases in completed applications.

“Q2 is a recognized leader in providing innovative solutions for FIs and other financial technology providers,” said David Eads, CEO of Gro. “As a combined force, we look forward to providing leading account opening, ecommerce and end-to-end digital financial solutions to banks, credit unions and other financial technology companies. We are delighted to be joining the Q2 team and look forward to delivering best-in-class in financial digital sales and marketing solutions.”

To learn more, read today’s official press release.

 

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