Evolve Bank & Trust (βEvolveβ) today announced the distribution and payment processes to return funds held by Evolve to Synapse Brokerage end users impacted by the Synapse bankruptcy.
To facilitate the distribution, Rust Consulting, an Exela Technologies brand, will serve as the administrator to disburse funds to end users of Synapse Brokerage that the Bank has held since the Synapse bankruptcy.
Evolve has launched a website β
reconciliationbyevolve.com β which includes resources for end users including FAQs about the reconciliation process, as well as information about the process to disburse end user balances at Evolve.
For more information, read the full statement:
bit.ly/3YCiPOt