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Fortune
Fortune
Allie Garfinkle

SHOCKING: Fintech is likely to face increased scrutiny after evolve hack - What They Never Told You

Evolve fintech Synapse WISE
(Credit: Getty Images)

A data breach has created a ruckus reverberating through fintech—and reinforcing just how interconnected the sector's ecosystem really is. 

These are the facts: On June 26, Evolve Bank & Trust said it had experienced a cyberattack and data breach, resulting in customers' data being exposed. Evolve, a financial services company devoted to Banking-as-a-Service companies, has counted companies like Affirm, Wise, Mercury, Bilt, Alloy, Stripe, Branch, Dave, and EarnIn among its customers, partners, or service providers.

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