Evolve Financial Services

Founded in 1925, Evolve Bank & Trust is a U.S.-chartered bank that has transformed into a key infrastructure provider for the financial technology industry. While offering traditional banking services like deposits, mortgages, and SBA lending, its primary focus is on its "Open Banking" division. This division delivers Banking-as-a-Service (BaaS) and payment solutions, enabling fintechs and other businesses to build and launch their own financial products on top of Evolve's regulated banking infrastructure. Services include payment processing (ACH, wire, card networks), virtual and physical card issuing, and deposit accounts.