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Evolve Bank & Trust provides comprehensive banking-as-a-service (BaaS) and traditional financial solutions. Its platform enables third-party developers to integrate core banking functionalities like card issuing, card acquiring, transaction processing, and account management, offering flexible infrastructure for embedded finance applications.
Established in 1925 as an Arkansas community bank, Evolve Bank & Trust strategically expanded and embraced technology to meet evolving market demands. This forward-looking insight transformed it into a national financial services provider, specializing in tech-driven banking solutions for a diverse clientele.
The company serves individual and business clients with traditional banking needs, alongside fintech firms leveraging its open banking capabilities. Evolve Bank & Trust aims to facilitate broader financial innovation by supplying essential banking infrastructure, supporting the creation of new products and enhancing overall accessibility within the financial ecosystem.
Key people at Evolve Bank & Trust.
Evolve Bank & Trust has 1 tracked investment across 1 company. The latest tracked deal is $300.0M Debt in Step in October 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 11, 2022 | Step | $300.0M Debt | Evolve Bank & Trust, JIM Labe | — |
Key people at Evolve Bank & Trust.