CSI Acquisition of Qolo
Financial software provider CSI acquired fintech infrastructure company Qolo in July 2026 to enhance its commercial banking and embedded finance capabilities for community banks.
Aggregated from 6 sources · Updated 25 Aug 2026, 03:01 UTC (UTC)
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6 sourcesBlindspot Alert: Center Gap
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Facts (10)
- Established
CSI (Computer Services, Inc.) acquired Qolo for an undisclosed amount in July 2026.
- Established
Qolo, founded in 2018, is a provider of payments infrastructure, treasury solutions, and embedded finance technology.
- Established
The acquisition integrates Qolo's technology into CSI's core banking platform, digital banking solution, and API capabilities.
- Established
Qolo's real-time account ledger technology provides banks and businesses with immediate visibility into balances, transactions, and authorizations.
- Established
The deal adds multi-rail payment orchestration capabilities, enabling money movement across various domestic and international rails.
- Established
Qolo’s infrastructure will expand CSI’s card issuing and processing across debit, prepaid, virtual, and secured corporate credit card programs.
- EmergingNiche Signal
Qolo previously secured a minority investment from Huntington National Bank prior to the acquisition.
- EmergingNiche Signal
Qolo’s technology will function as an orchestration layer for CSI’s flagship product, NuPoint.
- EmergingNiche Signal
D.A. Davidson & Co. acted as the strategic and financial advisor to Qolo, while Cooley served as legal counsel.
- Attribution
Nancy Langer, CSI President and CEO, stated the acquisition aims to help community banks compete with larger institutions by providing sophisticated commercial banking tools.