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Brightside Selects Helix By Q2 To Migrate BaaS Program; Brightside Offers Savings And Checking Accounts, Now Powered By Helix, To Co's To Help Employees Facing Financial Hardship

Benzinga ·  Oct 28 22:01

Brightside offers savings and checking accounts, now powered by Helix, to companies to help employees facing financial hardship

Helix by Q2 (NYSE:QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced its partnership with Brightside, a Financial Care benefit provider offered to employees by their employers. Brightside's savings, checking and business operations accounts, are now powered by Helix's banking as a service (BaaS) solution.

To help employees in need, Brightside directly offers products like debit cards, emergency savings accounts, cash advances, hardship programs, and other partner solutions, such as emergency loans and credit-building products.

Brightside chose Helix's BaaS solution to power its savings, checking and business accounts because it was far more reliable and scalable than their previous vendor's solution. Additionally, Helix enabled Brightside to have a direct relationship with their bank partner without the need for FBO accounts or middleware and provided the oversight, control, and tooling necessary for both parties to collaborate efficiently and effectively.

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