Evergreen Money
“Can a digital wealth platform turn everyday checking into a high-yield Treasury-backed product that competes with both savings accounts and money market funds?”
Founded2022
HQMiami, Florida, United States
Latest roundSeries A
IndustryFintech / SMB banking
The story
Evergreen Money launched in 2022 as a digital wealth management and financial services company targeting individuals seeking high-yield alternatives to traditional banking. Its flagship product, Liquid Treasuries, sweeps checking account deposits into U.S. Treasury Bills to deliver yields above conventional high-yield savings accounts, combining everyday banking utility (debit card, ACH, ATM) with a yield-maximization strategy. The company is backed by Coastal Community Bank as its sponsor banking partner, positioning it within the BaaS-enabled neobank category.
Product timeline
2022
Evergreen Money founded in Miami, Florida as a digital wealth and financial services platform.· banking
2024
Launched Liquid Treasuries, a high-yield checking account that sweeps deposits into U.S. Treasury Bills, earning 5.31% yield as of June 2024, with debit card, ATM, and ACH access.· banking
The stack
2 layers disclosed in Evergreen Money’s embedded-finance stack
Money movement
Banking / BaaS
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.