Market Overview

Q2 Holdings, Inc., Enters Agreement to Acquire Cloud Lending, Inc.

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Q2
Holdings, Inc.
(NYSE:QTWO), a leading provider of secure,
experience-driven digital banking solutions for community-focused
financial institutions, has announced an agreement to acquire San Mateo,
California-based Cloud Lending, Inc., a privately-held SaaS company that
provides an integrated end-to-end lending and leasing platform.

Through their platform, Cloud Lending helps lenders close more loans,
generate more revenue and provide a better experience to borrowers
throughout the loan process.

"By acquiring Cloud Lending, we will be able to help our community and
regional financial institutions more effectively manage and grow their
lending portfolios—their fundamental income-generating activity," said
Matt Flake, CEO of Q2. "There's a substantial market opportunity for
digital lending, and the addition of Cloud Lending's talented team and
next-generation technology solutions will help Q2 expand our footprint
in existing markets, as well as enter new ones."

As a part of Q2 Holdings, Inc., Cloud Lending will benefit from the
scale, infrastructure and resources of its larger parent company.

"The inspiration for Cloud Lending came from our first-hand experience
with the impact credit can make in the life of an individual or
business," said Snehal Fulzele, CEO of Cloud Lending, Inc. "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."

The transaction has been approved by the boards of directors of both Q2
and Cloud Lending. Consummation of the proposed transaction is subject
to customary closing conditions. The closing of the transaction is
expected to occur in the fourth quarter 2018.

About Q2 Holdings, Inc.

Q2 is a leading provider of secure, experience-driven digital banking
solutions headquartered in Austin, Texas. The company is driven by a
mission to build stronger communities by strengthening their financial
institutions. Q2 provides the industry's most comprehensive digital
banking platform, enriched through actionable data insights, open
development tools and an evolving fintech ecosystem. It helps clients
elevate the experience, drive efficiency and grow faster. To learn more
about Q2, visit www.q2ebanking.com.

About Cloud Lending, Inc.

Cloud Lending is the next-generation, cloud-based lending and leasing
platform of choice for leading lenders. The end-to-end lending platform
simplifies the borrower experience, increases application volumes,
accelerates loan decisioning, and reduces operational inefficiencies
through digitization and automation. Offering solutions for consumer,
commercial, small business, construction and equipment leasing, Cloud
Lending's proven platform solution means lenders can grow their loan
portfolio with one partner, eliminating costs and reducing middle and
back office operational churn. To learn more, visit Cloud Lending at https://www.cloudlendinginc.com.

Forward-looking Statements:

This press release contains forward-looking statements, including
statements about the ability of Cloud Lending's products to integrate
with Q2's solutions to successfully provide treasury management,
compliance and risk management and bank operating solutions; the ability
of Q2 to advance its product offerings together with Cloud Lending; and
the ability to cross-market Q2 and Cloud Lending's products. The
forward-looking statements contained in this press release are based
upon Q2's current plans, estimates and expectations and are not a
representation that such plans, estimates or expectations will be
achieved. Forward-looking statements are subject to risks and
uncertainties that could cause actual performance or results to differ
materially from those expressed in or suggested by the forward looking
statements. Factors that could cause or contribute to such differences
include, but are not limited to, the following: (a) risks related our
ability to successfully integrate Cloud Lending and its technology and
personnel; (b) risks related to the execution of our plans, strategies
and forecasts, including with respect to our security, compliance, and
risk management capabilities and offerings; (c) risk related to the
demand for these offerings; (d) risks related to our expectations with
respect to the business of Cloud Lending after completion of the
transaction and our ability to realize additional opportunities for
growth and innovation; and (e) other risks and potential factors that
could affect our business and financial results identified in Q2's
filings with the Securities and Exchange Commission. These filings are
available on the SEC Filings section of the Investor Relations section
of Q2's website at http://investors.q2ebanking.com/.
These forward-looking statements represent Q2's expectations as of the
date of this press release. Subsequent events may cause these
expectations to change, and Q2 disclaims any obligations to update or
alter these forward-looking statements in the future, whether as a
result of new information, future events or otherwise.

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