Partnerships / Acquisitions

Evolve Taps i2c To Power Custom Banking Products For FinTechs

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.

Through its partnership with Silicon Valley firm i2c, Evolve will allow the FinTechs it works with across the country to custom-build unique banking and payment products across a variety of form factors. And the use of i2c’s cloud-based platform will allow Evolve to launch programs quickly, easily, and seamlessly.

“i2c is thrilled to partner with Evolve to provide the technology and infrastructure needed to deliver differentiated and innovative products,” Amir Wain, founder and CEO of i2c, said in a press release. “Evolve’s forward-thinking payments strategy is a perfect match with i2c’s vision of bringing innovation to customers across the financial services spectrum, here in the U.S., and around the globe.”

Founded in 1925, Evolve Bank & Trust operates retail branches throughout the mid-south and mortgage production offices nationwide. Its partnership with ic2 will include the latest innovations in credit cards, prepaid cards, debit cards, and a host of core-banking solutions.

“Evolve was looking for a partner we could form a deep relationship with that provides reliability, accuracy, flexibility and has a proven track record of 100% availability to meet the needs of our tech-savvy customers. i2c checked off all the boxes and then some,” added Scot Lenoir, chairman at Evolve. “We are excited to work with i2c to bring non-traditional card issuing solutions to our customers beginning from day one and look forward to creating even more next-gen solutions together in the future.”

In addition, Evolve is also launching the Mastercard Cash Pick-Up program, which allows consumers to withdraw cash from participating ATMs without having to use a physical card.

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