It’s been a challenging 72 hours for entrepreneurs in the Silicon Valley ecosystem. SVB has been a trusted and long-time partner to the venture capital industry and founders. While the regulators work through next steps for SVB, our team at Piermont Bank stand ready to support SVB colleagues and clients in any way we can. […]
In 2019, we set out to give banking a makeover, building the kind of bank that we hoped to see: one that was relevant and ready to help customers meet the demands of the modern world. Today we celebrate our third anniversary with those same values. We are woman-founded and entrepreneur-led, with an exceptional group […]
Banking-as-a-Service (BaaS) has become quite popular these days with dozens of banks offering different services to fintechs and tech companies. But almost all these banks were not originally conceived this way, they are adding BaaS as a new product offering. Piermont Bank CEO Wendy Cai-Lee was a guest on the Fintech One-on-One podcast and shared […]
Putting fintech first to empower seamless and accessible embedded finance New York, NY – February 15, 2022, Piermont Bank, a digital commercial bank that serves the fintech ecosystem, announced today that it has entered a strategic partnership with Unit, the banking-as-a-service startup that empowers companies to embed financial services into their products. The partnership allows […]
Top investors are betting New York City as the fintech capital, so are we! This is why we are actively expanding our innovation banking capability to better serve the fintech ecosystem, especially in NYC.