Marqeta Adds Evolve Bank & Trust as Bank Partner to Expand Program Management Capabilities

“Marqeta, the global modern card issuing platform, today announced the addition of Evolve Bank & Trust as a new bank partner to offer additional solutions for customers that take advantage of Marqeta’s full program management capabilities. Evolve is a technology-focused bank that works with a diverse portfolio of fintech companies to provide a range of services, including a dedicated Open Banking division in which they offer innovative “Banking as a Service” (BaaS) payment and technology solutions. As a bank partner for Marqeta’s platform in the U.S., Evolve will support the full range of Marqeta’s program management capabilities, including BIN management, on-demand fulfillment, compliance reporting and settlement services as a customer is guided through onboarding to launch a program in-market.”