L39 member Cloud Lending to be acquired by Q2 Holdings
16th August 2018
Level39 member, Cloud Lending Solutions, has announced it will be acquired by Q2 Holdings.
A member of Level39 since 2016, Cloud Lending, helps lenders close more loans, generate more revenue and provide a better experience to borrowers throughout the loan process.
Q2 Holdings is a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, and announced on August 8 the agreement to acquire California-based Cloud Lending.
Snehal Fulzele, CEO of Cloud Lending, said “This partnership means more lenders will provide greater access to credit for more people and businesses across the globe. Cloud Lending’s team members are excited to partner with Q2 and to continue delivering on our proven track record of innovation in digital lending and leasing.”
As a part of Q2 Holdings, Cloud Lending will benefit from the scale, infrastructure and resources of its larger parent company.