In the Press
The word is out.
Evolve Open Banking stays ahead of the curve in the world of financial technology and payments. View our recent press coverage and releases regarding our latest innovations.
Evolve Named Most Innovative Bank & Partner Bank of the Year
Evolve Bank & Trust takes home two honors at this year’s Big Bank Theory Awards by Tearsheet.
Mercury Partners with Evolve to Offer $3 Million in FDIC Sweep Program
New program brings in thousands of new customers as Mercury and other fintechs serving startups see demand spike.
Evolve Climbs to 38 on Nacha Top 50 ACH Originators List
26% growth fuels Evolve Bank & Trust’s ascension in the annual Nacha Top 50 Financial Institution ACH Originators and Receivers for 2022.
Evolve's Hank Word Elected as Nacha Board Member
Hank Word, President of Evolve Open Banking has been elected to the Nacha Board of Directors. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association.
Tech Work Fuels Huge Growth at Evolve Bank & Trust of West Memphis
In an age of technical innovation and new revenue from Banking as a Service, Evolve Bank & Trust has been living its name.
Evolve Sponsored, Bond Debuts Custom Credit Builder Card
Embedded finance platform Bond rolled out a credit builder card that makes it easier for fintechs and other companies to introduce a secured credit card to their customers.
Evolve's Kristen Kines Named to American Banker's Most Influential Women in Payments, Next, 2022 List
Evolve’s Vice President, Business Development Officer of our Open Banking Division, Kristin Kines has been honored in the American Banker’s Most Influential Women in Payments, Next, 2022 awards which recognizes women under 40 who have demonstrated a strong talent for leadership and an expertise in their fields.
PayCargo Capital and Evolve Bank & Trust Partner to Help Relieve Supply Chain Crisis
PayCargo Capital has secured a substantial lending alliance with Evolve Bank & Trust (“Evolve”), a leading financial and technology institution, allowing freight forwarders and beneficial cargo owners to apply for and receive credit at the point of paying freight costs.
Evolve Bank & Trust Names Shamir Karkal and Laura Spiekerman to Its Open Banking Advisory Board
Evolve Bank & Trust (“Evolve”), a financial technology global leader, today announced Shamir Karkal, Co-Founder and CEO of Sila, and Laura Spiekerman, Co-Founder and CRO of Alloy, as members of its Open Banking Advisory Board (OBAB).
Atmos Financial Launches Checking Accounts, Mobile App — Giving Consumers Climate-positive Control Over Personal Finance
Atmos Financial, a climate fintech company leveraging bank deposits to finance the clean energy transition, launched a groundbreaking checking account today that empowers customers to use their cash deposits to reverse global warming.
Australia’s Airwallex Launches Its Cross Border Services In US
Melbourne, Australia-based FinTech Airwallex announced in a press release it will operate under newly-approved licenses in the United States — the first North American country in which it has a presence. […] The expansion into the U.S. is occurring through a partnership with Evolve Bank & Trust, according to the release.
Sila banks $13M to offer single API for developing financial products, services
Sila announced Monday it raised $13 million in Series A funding for its banking and payment platform that gives software teams tools to build the next generation of financial products and services.
Evolve Bank & Trust, Mastercard Announce Partnership to Simplify Card Payments for Cryptocurrency Exchanges
Evolve Bank & Trust (“Evolve”), a leading financial and technology institution, and Mastercard, a global payments network, today announced their joint partnership to pilot a solution aimed at simplifying the settlement of cryptocurrency card transactions via the use of a US dollar-backed stablecoin.
Valuation – Pulse 2.0
Alloy: $100 Million Funding And $1.35 Billion
This round of funding will be used primarily to further expand Alloy’s product offerings to help fintech companies and banks combat fraud by building out a continuously evolving identity profile throughout a customer’s lifecycle.
Deserve Valuation Tops $500 Million as MasterCard and Ally Ventures
Mission Holdings, Goldman Sachs Group Inc., Sallie Mae and other existing investors participated in the funding round, proceeds of which will be used to launch card programs and accelerate growth, CEO Kalpesh Kapadia said.
Evolve Bank & Trust Names Ryan Gilbert and Ed Labry to Its Payment Processing Solutions Advisory Board
Evolve Bank & Trust (“Evolve”), a financial technology global leader, today announced the formation of their Payment Processing Solutions Advisory Board (PPSAB) including members Ryan Gilbert, General Partner of Propel Venture Partners, and Edward (Ed) Labry, Vice Chairman of First Data Corporation.
The Wall Street Journal
Stripe to Offer Banking Services in Deal With Goldman Sachs, Citigroup, (Evolve)
Stripe Inc. is teaming up with banks including Goldman Sachs Group Inc. and Citigroup Inc. to offer checking accounts and other business-banking services, the startup’s latest attempt to become the internet economy’s financial supermarket.
Payments Company Stripe Launches Banking Service
CNBC’s Kate Rooney joins CNBC “Squawk Alley” to discuss the latest moves from payments company Stripe, which just launched banking services through partnerships with Goldman Sachs, Citigroup, Barclays and Evolve Bank & Trust.
3 APIs That Could Revolutionize Banking
There are three lesser known fintech startups, however, who are poised to have a significant impact on the banking industry: Pinwheel, Sila, and Codat.
Nacha Releases the 2020 Top 50 Financial Institution ACH Originators and Receivers
The Top 50 originating financial institutions handled ACH volume of almost 23.1 billion payments last year, an increase of nearly 8.6% over 2019. They accounted for 92.7% of total commercial payments volume on the ACH Network.