Author: piermontadmin

Piermont Bank partners with fintechs, but it’s not content to stay in the background, only mentioned in tiny print at the bottom of a website. The New York bank, which opened in the summer of 2019, offers banking-as-a-service and traditional products like loans to fintechs and other small and midsize businesses.

New Banking-as-a-Service (BaaS) model lets fintechs bring sophisticated embedded finance offerings to market fast New York, NY – Piermont Bank, a tech-enabled digital commercial bank, and Treasury Prime, a Banking-as-a-Service (BaaS) company connecting banks and fintechs, announced today a strategic partnership that will enable fintech companies to embed Piermont’s payment and banking solutions into the […]

The global pandemic and economic crisis continue to take hold of New York. While the market is filled with uncertainties, one thing we know for sure is the low-interest rate environment will continue, as the Fed recently announced it plans to keep interest rate near zero through 2023. Now commercial real estate owners are facing […]

NY office market is not dead, but ever-changing and evolving. “There are a lot of developers who are very hungry to find distressed real estate,” said Robert Rynarzewski, Head of CRE at Piermont Bank to Market Watch.

While we continue to hurdle the obstacles handed to us by this crisis, it is remarkable to watch certain leaders tackling new challenges and discovering hidden opportunities in the process. Read the “Lonely CEO” Column.