Evolve Bank & Trust offers innovative and secure options

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MEMPHIS, Tennessee, Sept. 30, 2022 (GLOBE NEWSWIRE) — Evolve Bank & Trust (“Evolve”), a leading provider of financial technology solutions, announced a new partnership with Harmonic Financial Technology (Harmonic FT).

The new partnership will use Evolve’s secure solutions to power Harmonic’s banking-as-a-service (BaaS) platforms that give Harmonic customers the ability to create accounts, issue debit cards and easily transfer their money.

“Strategic partnerships have been key to growth, not just for Evolve but for the BaaS industry. We are thrilled to partner with Harmonic to enable financial products and services that can be customized to meet the needs of countless industries. verticals and use cases,” said Hank Word, president of Evolve Open Banking.

This is the first service collaboration between fintech industry leaders. Evolve and Harmonic continue to develop innovative solutions together to provide customers with future options in technology and compliance operations.

“We are delighted to work with Evolve and its Open Banking team. We started talking with Evolve about the possibility of working together in 2019, and it’s great to see the program finally hitting the market,” said Andrew Drake, CEO, Harmonic.

About Evolve Bank & Trust

Evolve Bank & Trust, a technology-driven financial services organization and banking-as-a-service (“BaaS”) provider, is a premier financial institution offering specialty services in open banking, banking to individuals and businesses, mortgages, SBA loans, physician capital, community funding and trust. Evolve is recognized as a global leader in the payments industry offering ACH, debit/credit sponsorship, card issuance and unique technology strategies to customers around the world. Evolve was voted Top Workplace USA and was named to Inc. magazine’s 5,000 fastest growing private companies list.

About Harmonic Financial Technology

Harmonic Financial Technology opens a new world in integrated financial technologies to help businesses better serve their customers with integrated banking and insurance products. Harmonic FT provides a customizable banking solution allowing businesses to create and tailor the financial services that best suit their business. Harmonic FT also offers embeddable insurance products that cater to a variety of unique demographics. Both companies provide new opportunities for Harmonic customers to generate new revenue and provide valuable services to their audiences. Integrated products are served on an open API platform and all regulations and compliances are maintained, allowing businesses to focus on what they do best. Learn more at HarmonicFT.com.

Media Contacts

Thomas E. Holmes Jr., Evolve: [email protected]

Kate Connally, Harmonic: [email protected]

Contact information:
Thomas Holmes Jr.
Senior Vice President, Marketing and Communications Director
[email protected]
866.367.2611

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Image 1: Evolving banking and trust

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