Q2 Helix

Q2 Helix, also presented as Helix by Q2, is a technology platform for core banking and for building personalised financial products inside apps. The parent group is Q2. It is classified as a technical platform and an embedded banking technology provider.

Platform

The listed services are embedded banking technology, core banking and financial APIs. A company can use these to put accounts and money movement into its own application without developing the banking back end.

Reading the role

Q2 Helix supplies technology and is not a deposit-taking bank. Its products should not be treated as bank deposits, and the BINs used in programmes should not be assigned to it by default. In embedded banking the regulated accounts and card programmes sit with partner banks, and the partner behind a given programme must be identified case by case.

Who it suits

Fintechs, software companies and brands that plan to add banking features to an app and need both a technology layer and a clear picture of the bank arrangement behind it. Before starting, ask about the sponsoring banks, supported products, compliance obligations of the programme owner and the pricing structure, none of which is published in detail.