ClickSWITCH is a digital account switching solution designed for financial institutions and challenger banks. The ClickSWITCH platform streamlines the process of transitioning new account holders by enabling them to quickly, safely, and efficiently switch their direct deposits and recurring automatic payments to a new bank account.
By automating the account switching process, ClickSWITCH helps banks and credit unions:
- Make switching accounts easy for new customers
- Capture more deposits by reducing friction
- Accelerate and sustain primary financial institution (PFI) status
- Increase overall profitability by onboarding new customers more effectively
The platform is particularly useful for banks and credit unions aiming to enhance their onboarding experience and retention rates, as well as challenger banks seeking to grow deposits and become the main financial relationship for their users.
How was ClickSWITCH started?
ClickSWITCH is part of a broader mission to empower financial institutions through technology. Hank Seale, known for founding Q2, has been a key figure in this mission. While ClickSWITCH operates out of Minneapolis, Minnesota, its connection to Q2 underlines a strong legacy in fintech innovation. You can learn more about the company's background and ethos on their About page.
Who uses ClickSWITCH?
ClickSWITCH primarily serves financial institutions such as banks, credit unions, and challenger banks, helping them improve customer acquisition and retention. While specific customer names are not listed, the solution is tailored for organizations seeking to make account onboarding seamless for new clients.
Where is ClickSWITCH headquartered, and how large is the company?
ClickSWITCH is headquartered in Minneapolis, Minnesota, United States, and employs between 51 and 200 people. It is a privately held company operating in the software development industry.
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