Founded in 2019 in New York City, Piermont Bank (FDIC-Insured, NY State-Chartered) was built from the ground up as a digital-first commercial bank. Designed without legacy tech stack constraints, Piermont blends high-touch commercial risk management with native API capabilities specifically engineered for tech-enabled businesses, vertical SaaS providers, and commercial FinTech platforms.

By focusing exclusively on the B2B and commercial sector, Piermont Bank enables non-bank platforms to embed business checking accounts, multi-tenant sub-ledgering, invoice discounting, and working capital lines directly into native business software interfaces.

• API-First Commercial Architecture: Purpose-built core infrastructure designed for real-time B2B account creation, payment operations, and sub-ledger synchronization.

• Embedded SMB & SaaS Treasury: Allow vertical SaaS applications to offer white-labeled FDIC-insured business accounts, treasury management, and automated payout rails.

• Commercial & Working Capital Sponsorship: Sponsor B2B term loans, revolving credit facilities, inventory financing, and invoice discounting models nationwide.

• Specialized Innovation & Venture Banking: Comprehensive treasury and custom deposit management services for high-growth tech startups, marketplaces, and venture funds.

• LendAPI Orchestration: Connect Piermont Bank’s commercial lending, entity verification (KYB), and deposit endpoints directly into LendAPI’s visual workflows.

Key Features

• Embedded Business Accounts: Deploy FDIC-insured commercial checking, savings, and yield accounts directly inside vertical SaaS and ERP software.

• Multi-Tenant Sub-Ledgering: Programmatically manage complex FBO account structures, escrow operations, and sub-ledgers with real-time reconciliation.

• B2B Credit & Invoice Financing: Sponsor dynamic working capital lines, equipment financing, and invoice factoring programs for small-to-midsize businesses.

• Automated KYB & Compliance: Built-in business verification workflows covering beneficial ownership validation, BSA/AML monitoring, and OFAC screening.

• Real-Time Payment Rails: Direct API access to ACH networks, Fedwire, real-time payments (RTP), and commercial card processing.