Qolo Expands KeyBank Partnership to Launch Virtual Commercial Card Program

Qolo and KeyBank expanded their partnership on Apr 28, 2026, with the launch of Key Virtual Card (KeyVC), a virtual commercial card program. The product integrates with KeyBank's existing Virtual Account Management (KeyVAM) platform, allowing commercial clients to create, manage, and track virtual cards for supplier payments. Qolo provides the full backend BaaS stack, covering card issuance, payment processing, fraud monitoring, and dispute management.

The two companies have worked together since 2024, when they initially launched KeyVAM. KeyVC adds card-issuing capabilities to that foundation, giving corporate treasurers a single platform for virtual accounts and virtual cards. The program targets B2B use cases where companies need digitally native payment methods for vendor management and spend oversight.