Evolve Bank & TrustReviews of getevolved.com

Engaged in shady activity with partners, now is trying to place innocent

So many scandals with this bank. Bank that does take responsibility for its gross incompetence. Am frozen out of my funds for almost a year now. I hope Evolve goes bankrupt. It does not deserve to exist as a bank!

Since May 2024, Evolve Bank and Trust, Yotta and Synapse have been withholding the funds of end users. Evolve specifically stated that they did a reconciliation to prove they didn't have end users funds, opting to instead say that funds were transferred to a different Synapse partner bank without their knowledge of who recieved them. And most those who did recieve their funds, only got a few cents out of thousands of dollars. Personally, I am missing 4062.60, which was everything I had.

Research this Bank's fintech shenanigans and federal investigations. Do NOT do business with this bank in any way, shape or form. They have a well-documented lack of customer protections and have mismanaged (and lost) millions of dollars in user funds. I have personally been missing over $39,000 dollars out of a savings account I held with them.

These scammers still owe me and my wife $5,000 each a total of $10,000!!! Evolve & Yotta are goddamn scamming thieves!!!

This bank shouldn’t be open. Look up the Yotta/Synapse scandal. Thousands of people have been locked out their accounts since May 2024. They transferred out $1,777 of my money to an unknown account and are refusing to return it. FDIC insurance won’t kick in because the bank hasn’t technically “failed”. With under 2k missing, I am one of the lucky ones. Others have lost over 100k, lost their homes and life savings, been evicted etc. The second-order effects of this type of financial hardship are immeasurable. If I went into Evolve bank and stole millions of dollars, I would be in prison. In Evolve’s world, the bank robs you! I don’t understand how they aren’t under litigation for criminal fraud. CEO Scott Lenoir should be doing life for this. I’d like him better if he robbed me with a gun.

Worst bank ever to be used, they made life difficult for me.

On the advice of Credit karma, I had outstanding odds of getting approved for a Sparrow Mastercard. After I applied, Sparrow aka Evolve Bank asked me to send them a copy of my license, my social security card and my rental agreement. I sent them exactly what they requested and was turned down becaus the documents were "insufficient to verify my identity". The documents are my current active driver's license, my social security card and my rental.agreement as sent by my landlord. I am reporting this to Credit Karma.