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ClickSwitch Acquired by Texas Digital Banking Firm | Twin Cities Business


The fintech startup will continue operations at its downtown Minneapolis office.
Cale Johnston, founder and CEO of ClickSwitch
Minneapolis-based fintech startup ClickSwitch is now owned by a publicly traded company.
On Thursday, Austin, Texas-based digital banking firm Q2 Holdings Inc. announced that it has acquired ClickSwitch. The companies didn’t disclose any financial terms of the transaction.
A Q2 spokeswoman said that ClickSwitch will continue operating in downtown Minneapolis. She noted that Q2 has offices around the world.
Founded in 2014, ClickSwitch sells software designed to simplify the process of moving accounts from one financial institution to another. The company, which counts T-Mobile among its customers, maintains an office presence at the Loose-Wiles Building, where it moved in 2019 after operating at another downtown Minneapolis office. ClickSwitch was a finalist in the 2019 Tekne Awards. ....

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Minneapolis fintech ClickSwitch is sold to Q2 Holdings


Minneapolis fintech ClickSwitch is sold to Q2 Holdings
The Mpls. company, which simplifies switching to a new bank, will keep its office here. 
April 1, 2021 3:47pm
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ClickSwitch Holdings Inc., a Minneapolis financial-technology company that provided a simpler way for banks to sign new customers, will be sold to Q2 Holdings Inc., a publicly traded provider of technology and software for digital banking.
Executives said Thursday the two companies will continue to develop software and processes ClickSwitch pioneered for consumers to carry the automated processes they have at a bank such as payroll direct deposits and bill payments over to another bank. ....

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