Evolve news and trends

Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking as a Service
Banking // June 21, 2024

The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. The reaction from the industry so far has focused on the Synapse case as an isolated incident rather than a systemic issue, but...

Evolve Was Served a Cease-and-Desist Order — Now What?
Bank Regulation // June 17, 2024

The Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, that may have a chilling effect on bank-FinTech partnerships. In addition to a series of corrective measures — focused on shoring up what have been termed...

Partnerships Hold Sway as FinTech IPO Index Slips 1% 
Fintech Investments // January 12, 2024

Mixed performances across the FinTech IPO Index brought about a negative 1% return through the past week. The specter of interest rates staying lofty for longer — because the latest inflation data came in a bit hot — may have muddied investor sentiment, lenders, platforms...

Evolve Taps Affirm to Provide Pay-Over-Time Options to Travelers
Buy Now Pay Later // January 10, 2024

Evolve, a vacation rental hospitality company, has partnered with payment network Affirm to provide pay-over-time options to travelers. Affirm will be the exclusive pay-over-time partner of Evolve, which has more than 30,000 properties in 750 markets, the companies said in a Tuesday (Jan. 9) press release. “We look...

Interviews & Exclusives
Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking as a Service

June 21, 2024
The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. The reaction from the industry so far has focused on the Synapse case as an isolated incident rather than a systemic issue, but it has also been the occasion for a reconsideration of […]

Evolve Was Served a Cease-and-Desist Order — Now What?

June 17, 2024
The Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, that may have a chilling effect on bank-FinTech partnerships. In addition...

Partnerships Hold Sway as FinTech IPO Index Slips 1% 

January 12, 2024
Mixed performances across the FinTech IPO Index brought about a negative 1% return through the past week. The specter of interest rates staying lofty for longer — because the latest...

Quick Reads
Evolve Taps Affirm to Provide Pay-Over-Time Options to Travelers

January 10, 2024
Evolve, a vacation rental hospitality company, has partnered with payment network Affirm to provide pay-over-time options to travelers. Affirm will be the exclusive pay-over-time partner of Evolve, which has more than 30,000 properties in 750 markets, the companies said in a Tuesday (Jan. 9) press release. “We look forward to the positive impact this partnership will have on […]

Hopper, Evolve Partner on Streamlined Vacation Rentals

August 29, 2022
Travel booking app Hopper and vacation rental hospitality company Evolve have partnered to streamline the vacation planning process by integrating Elove’s inventory of home rentals into the Hopper reservation app....

Evolve Taps i2c To Power Custom Banking Products For FinTechs

October 22, 2019
i2c Inc. announced that it is partnering with Evolve Bank & Trust, an FDIC-insured financial services organization, to offer a full suite of customizable credit, debit, prepaid and DDA products....