Evolve Bank & Trust
One of the busiest BaaS sponsor banks of the boom era; its 2024 Synapse fallout and enforcement action made it the cautionary tale of the model. Still sits under Step and Branch; Dave is migrating to Coastal Community Bank, and Mercury, Relay and Wise have left.
Tracked neobanks on its rails
Other BIN sponsor banks
Community Federal Savings BankLead BankCoastal Community BankCross River BankSutton BankColumnSunrise BanksChoice Financial GroupEquitas Small Finance BankLincoln Savings BankMetropolitan Commercial BankThe Bancorp BankThread BankFederal BankPathwardRAKBANKRBL BankSBM Bank IndiaStride BankWebBankGreen DotPiermont BankProvidus Bank
Client list shows tracked neobanks with a publicly documented relationship — not a complete customer book. Sourced from issuer disclosures and public reporting; suggest a fix.