About Evolve Bank and Trust
Evolve Bank and Trust is a company based in Memphis (United States) founded in 1925. It operates as a B2B, and B2C. The company has 414 employees as of December 31, 2022. Evolve Bank and Trust offers products and services including Personal Checking, Business Checking, Personal Loans, SBA Loans, and High Yield Savings. Evolve Bank and Trust operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Memphis, United States
- Employees 414 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Evolve Bancorp, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
414
as on Dec 31, 2022
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Products & Services of Evolve Bank and Trust
Evolve Bank and Trust offers a comprehensive portfolio of products and services, including Personal Checking, Business Checking, Personal Loans, SBA Loans, and High Yield Savings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Account for everyday personal transactions and overdraft protection
Services for business cash management and online banking
Offers loans for personal financial needs and investments
Provides government-backed loans for small businesses
Account offering competitive interest for personal savings
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Software Development Team
24 people
Leadership Team
22 people
Sales and Marketing
16 people
Senior Team
12 people
Mortgage Team
9 people
Legal and Compliance
6 people
Operations Team
6 people
Finance and Accounting
5 people
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Funding Insights of Evolve Bank and Trust
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Evolve Bank and Trust
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Evolve Bank and Trust
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evolve Bank And Trust Comparisons
Competitors of Evolve Bank and Trust
Evolve Bank and Trust operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking and wealth management services are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evolve Bank And Trust
Frequently Asked Questions about Evolve Bank and Trust
When was Evolve Bank and Trust founded?
Evolve Bank and Trust was founded in 1925.
Where is Evolve Bank and Trust located?
Evolve Bank and Trust is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
How many employees does Evolve Bank and Trust have?
As of Dec 31, 2022, the latest employee count at Evolve Bank and Trust is 414.
What does Evolve Bank and Trust do?
Evolve Bank Trust is a financial institution that delivers personal checking, savings accounts, loans, and business banking services through digital platforms. It operates in locations across Arkansas and Tennessee, serving individuals and businesses with tools for cash management and investment. The bank emphasizes fraud prevention and has been recognized for growth and customer care.
Who are the top competitors of Evolve Bank and Trust?
What products or services does Evolve Bank and Trust offer?
Evolve Bank and Trust offers Personal Checking, Business Checking, Personal Loans, SBA Loans, and High Yield Savings.
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