Evolve Bank & Trust Partners with i2c for Next-Gen Payments Processing

On October 21, 2019, Evolve Bank & Trust announced a partnership with i2c, a cloud-based payments processing platform provider. The collaboration enables Evolve, which serves fintechs nationwide as a sponsor bank, to offer highly customizable credit, debit, prepaid, and DDA products through i2c's flexible technology infrastructure. The partnership also includes support for the Mastercard Cash Pick-Up program, expanding Evolve's product suite.

Evolve Bank & Trust has been a prominent BaaS sponsor bank, and this partnership enhances its technology stack for fintech clients. By leveraging i2c's modern processing platform, Evolve can deliver faster, more tailored financial products without building proprietary processing capabilities. The deal underscores the growing importance of processor partnerships in the BaaS value chain, where sponsor banks increasingly rely on specialized technology partners to serve diverse fintech programs.