CSI acquires Qolo to expand its offering for community banks and fintech partners. The deal adds real-time account infrastructure, payment processing, and commercial card capabilities to CSI’s software, while strengthening its position in B2B payments and embedded finance.
Qolo’s technology will integrate with CSI’s core banking platform, digital banking tools, and APIs, combining a real-time ledger with domestic and international payment routing and card issuing across debit, prepaid, virtual, and secured corporate credit programs. CSI says the acquisition will help smaller financial institutions deliver more of the commercial banking capabilities typically associated with larger banks and fintech platforms.
For Qolo, the acquisition provides access to CSI’s compliance expertise, scale, and investment resources, while helping customers connect payments, accounts, and money movement more seamlessly.
