Evolve Bank & Trust and Bond Partner will offer Banking-as a Service
Evolve Bank & Trust and Bond Financial Technologies, Inc. are pushing the boundaries of embedded finance to bring innovation to companies that want to offer financial products to their customers. Together, Evolve Bond enable entrepreneurs to build and launch innovative financial solutions at scale. “As a leading fintech sponsor bank, Evolve is excited by the capabilities Bond brings to our partnership,” Hank Word, President of Evolve’s Open Banking division. “Bond’s architecture and product roadmap is built for scalability, which allows the large brands they are partnering with to fold seamlessly into Evolve. We are deeply committed to continue building the fintech ecosystem through this uniquely beneficial partnership.” Bond, by adding Evolve as a bank partner to its expanding ecosystem, will provide new capabilities for both consumers and businesses in debit and credit cards. Part of the Bond TreasuryBond’s innovative products include instant, no-fee payouts for SaaS businesses and expense management cards to help business owners. Bond’s unique consumer solutions include a credit builder card and a crypto-backed credit card. “Bond and our customers benefit from Evolve’s tech-forward approach to financial services,” Roy NgBond’s co-founder and CEO. “We are excited to partner with Evolve as we continue to execute on our go-to-market strategy. As one of the earliest sponsor banks to adopt a fintech-first model, we are already benefiting from Evolve’s experiences and insights.” Evolve and Bond will share a stage during the American Banker Payments ForumOn May 18Where Mr. Scot and Ng Lenoir, Chairman of Evolve Bank & Trust, will discuss how fintechs and banks can pave the way for the rapidly evolving fintech landscape.