Trey Maust, CEO of BankEvo, Talks Augmentation, Innovation and His Journey Into the World of Embedded Finance

Last week, a large grouping of BaaS Banks descended on Fredericksburg, Texas for the FedFis Roundup where they networked and traded war stories. Travillian’s Head of Banking & Fintech, Brian Love, spoke to innovator Trey Maust, (Co-Founder and CEO of BankEvo and Chairman of Lewis and Clark Bancorp in Portland, Oregon) who, over the past few years, birthed his own proprietary BaaS infrastructure with his team. Maust takes us through the “why” of deciding on this new business line as well as the first steps he took when entering the BaaS party and who he went to for advice (spoiler alert: it was Eric Sprink at Coastal Community Bank). Maust also outlines what he believes to be the greatest opportunities for banks and profiles one of the more unique ventures that BankEvo is considering. If you’re a bank thinking about entering the embedded finance / BaaS space, you won’t want to miss hearing Maust’s perspective.