Bond Financial Technologies Partners with Evolve Bank & Trust for BaaS

Bond Financial Technologies announced a partnership with Evolve Bank & Trust to expand its BaaS offering with debit and credit card capabilities. Bond operates as a BaaS middleware provider, enabling fintechs and brands to embed banking products into their platforms. Evolve Bank & Trust serves as the chartered bank partner providing the regulatory infrastructure and banking license.

The collaboration allows Bond's clients to offer card-based financial products alongside existing services. Bond had raised $42 million in total funding to date from notable investors including Mastercard and Goldman Sachs. The partnership reflects the continued trend of fintech-bank collaborations that form the backbone of the BaaS ecosystem.

By teaming with Evolve, a well-known sponsor bank in the BaaS space, Bond gains access to proven card issuance and compliance infrastructure.