Piermont Bank launches BancFi credit platform for fintechs
Piermont Bank launched product launch with capital commitment on October 20, 2021.
- Primary
- Piermont Bank
- Counterparty
- Treasury Prime
- Amount
- $20M
- Structure
- product launch with capital commitment
- Date
- October 20, 2021
- Sub-sector
- Lending
Piermont Bank expands BaaS offering with proprietary lending platform to serve fintech clients with faster onboarding and cheaper funding options.
Source: prweb.com