Fort Lauderdale, FL, April 11, 2023 – Qolo, the leading omnichannel card and payment platform, announced today that they have been selected to power KeyBank’s integrated application programming interface (API)-based payment solutions and virtual accounts.
Through this investment in Qolo’s capabilities, KeyBank customers can instantly create advanced virtual accounts. They can also connect seamlessly to payment methods, including real-time payments (RTP), ACH, and wire transfer.
“KeyBank selected Qolo for our shared commitment to delivering new products and services that help businesses innovate and enhance their operations,” said Jon Briggs, Head of Commercial Product & Innovation at KeyBank. “The integration of Qolo into KeyBank’s APIs is another proof point in our embedded banking strategy, allowing clients to streamline and scale their strategies by utilizing our digital payment tools to power innovation in their platforms.”
“Qolo’s partnership with KeyBank will bring our leading card issuing, omnichannel payments, and flexible virtual accounts to more fintechs and businesses looking to quickly launch and scale revenue-generating digital banking services,” said Patricia Montesi, Qolo CEO, adding “We are excited to power this intrinsic component of KeyBank’s next-generation digital offering.”
Together, KeyBank and Qolo are bringing advanced digital-first financial solutions to market. The partnership combines Qolo’s flexible payments infrastructure with the scale, security, and reach of a top-tier financial institution.
About Qolo
Qolo is the leading omnichannel card issuing and payments processor, connecting banks, card networks, payment rails, customer data, and integrated third-party services. Its next-generation platform provides first-party access to card networks and payment processing while its Financial CRM™ and advanced ledger deliver insights previously unavailable on a single platform.
Additionally, Qolo helps businesses launch innovative payment solutions quickly and efficiently wherever speed, security, and flexibility matter.
Qolo maintains its headquarters in Fort Lauderdale, FL. For additional information, visit www.qolo.io.
