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Q2 Acquires Gro Solutions: So What?

Gonzobanker

Add this string of purchases to what Q2 developed internally, including: Digital transactional banking: Retail, small business, and commercial customers on a single platform across all device types. Gro brings a solid digital account opening platform, something Q2 was pursuing internally. So How Does Gro Fit In? .

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GonzoBanker Awards 2017

Gonzobanker

While the darling of FinTech conferences, this divestiture seems primarily driven as a means of Customers delaying the $10 billion Durbin hit and maintaining quarterly EPS expectations from the Street. The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking.