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Evolve Bank & Trust Tech Stack

Community bank pivoting to Banking-as-a-Service with compliance-first operations

Financial Services Memphis, Tennessee 501–1,000 employees Founded 1925 Privately Held

Evolve is a 100-year-old regional bank (Memphis-based, 501–1,000 employees) now operating as a BaaS provider and platform bank. The hiring and project mix reveal a compliance-and-operations-heavy organization: 12 of 31 active roles are in ops, and the top active projects cluster around transaction monitoring, AML/KYC, and payment documentation — suggesting regulatory complexity and third-party risk management dominate engineering roadmaps. Tech stack (SQL, Power BI, REST, GraphQL) is lean and traditional, with no modern data or ML infrastructure visible, pointing to manual processes and compliance burden rather than algorithmic risk scoring.

Tech Stack 11 technologies

Core StackGraphQL SAS Power BI SQL Microsoft Office Excel SFTP REST Word Outlook

What Evolve Bank & Trust Is Building

Challenges

  • Maintaining compliance with regulatory requirements
  • Meeting volume targets
  • Detecting and preventing financial crimes
  • Outdated traditional financial services
  • Ach/rdc return rate management
  • Systems enhancements and defects
  • Ensuring third party compliance
  • Minimizing credit losses
  • Reducing charge offs
  • Controlling credit risk

Active Projects

  • Transaction monitoring rule development
  • Remedial measures coordination
  • Dashboard and report creation
  • Custom and standard onboarding implementation plans
  • Documentation and reporting for payment processing
  • Client onboarding and training initiatives
  • Bsa initial review implementation
  • Aml suspicious activity modeling
  • Kyc manual review
  • Development of new credit products

Hiring Activity

Steady30 roles · 15 in 30d

Department

Ops
12
Finance
6
Legal
4
HR
2
Product
2
Sales
2
Support
2
Data
1

Seniority

Mid
16
Junior
5
Senior
4
Manager
3
C-Level
1
Lead
1
Staff
1

Notable leadership hires: Chief Credit Officer

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About Evolve Bank & Trust

Evolve Bank & Trust serves personal and commercial banking customers, SBA lenders, physicians, and fintech partners through its Banking-as-a-Service platform. The bank holds FDIC membership and originates ACH payments at volume. Core business lines include traditional lending (commercial, mortgage, SBA, physician), trust and wealth services, and platform banking for third-party fintech companies. The organization is split between legacy retail banking operations and a newer BaaS provider function, creating dual compliance and product roadmap pressures.

HeadquartersMemphis, Tennessee
Company Size501–1,000 employees
Founded1925
Hiring MarketsUnited States

Frequently Asked Questions

What is Evolve Bank's tech stack?

SQL, Microsoft Office, Excel, Power BI, REST, GraphQL, and SAS. No modern data warehouses, streaming infrastructure, or machine learning frameworks are in use.

What is Evolve Bank working on?

Transaction monitoring, AML/KYC compliance, payment processing documentation, client onboarding, BSA implementation, and credit product development. Compliance and regulatory risk dominate the project backlog.

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