In the past 5 years on the top 50 list, Evolve has jumped 20 spots
Memphis, TN, March 27, 2025. Evolve Bank & Trust, a global leader in the payments and Banking-as-a-Service (“BaaS”) industry, was ranked number 29 on Nacha’s Top 50 ACH Originating Financial Institutions for 2024. This is Evolve’s fourth consecutive year making the list.
Each year, the National Automated Clearing House Association (“Nacha”), releases the top 50 ranking financial institution originators and receivers of ACH payments. In 2024, the ACH Network volume totaled almost 40.2 billion payments, up 7.2% from 2023. Evolve’s 2024 ACH Origination volume totaled over 96 million payments, an 18.5% increase from the year before.
“We are thrilled to see continued growth in our ACH volume over the past year, a testament to our commitment to providing seamless and efficient payment solutions. Making it into the top 30 reflects the trust our customers place in us and the talent and hard work of our dedicated team at Evolve,” said Hank Word, Executive Vice President, President of Open Banking. “Our team works tirelessly, around the clock to ensure best-in class service for our partners.”
Looking ahead, Evolve remains committed to building this momentum with a focus on innovation as we aim to further enhance our ACH capabilities, expand our reach, and continue delivering seamless payment solutions. We are excited for the opportunities ahead and remain dedicated to providing exceptional value to our clients.
About Evolve Bank & Trust:
For 100 years, Evolve Bank & Trust, a technology focused financial services organization, has offered specialized solutions in Open Banking, Personal and Business Banking, Mortgage, SBA Lending, Physicians Capital, and Trust. Evolve has been voted to a Top Workplace USA and has been named in Inc. Magazine’s 5000 List of the fastest growing private companies.
Media Contact:
Eric Helvie
Senior Vice President, Director of Marketing & Communications
