Piermont Bank

Our CEO Wendy Cai-Lee shares her perspective in the latest Fast Company piece "The winning formula for roll-ups: PE and banks together"   Private equity roll‑ups work best when banks are true partners, not just capital providers. This article highlights how successful roll‑up strategies depend on tight alignment between PE sponsors and banks that understand complex integrations, multi‑entity structures, and long‑term growth plans.   At Piermont Bank, we see this every day. Purpose‑built banking, flexible credit solutions, and proactive collaboration help PE‑backed platforms scale efficiently while managing risk. When banks and sponsors move in lockstep, roll‑ups become growth engines, not operational headaches.   Read more: 🔗 https://lnkd.in/eY7FpNat   #PrivateEquity #GrowthBanking #SMBBanking #PiermontBank 

Great day at the NYC Small Business Expo connecting with an incredible community of entrepreneurs, operators, and business leaders. Proud to represent Piermont Bank and engage in meaningful conversations about how we can support growth across New York’s dynamic business landscape. To everyone we had the chance to meet, thank you for taking the time to connect. And if we missed you, we’d still welcome the opportunity to continue the conversation. Piermont Bank is actively supporting clients with: ✅ C&I Lending Opportunities ✅ Commercial Real Estate (CRE) Financing ✅ SMB Banking Relationships & Treasury Solutions If you're exploring financing options or looking for a more strategic banking partner, feel free to reach out. We’re here to help your business scale with the right solutions. Looking forward to building new relationships and continuing the momentum from today’s event! #PiermontBank #SmallBusinessExpo #NYCBusiness #CommercialLending #CRE #SmallBusiness #BankingPartners #BusinessGrowth #CILending #SMB #NYCFinance Michael Costello, Daniel Greitzer, Gregory Wassinger, Sadman Al Rafi

Piermont Bank is expanding its fund finance capabilities to better support emerging fund managers and fast-growing businesses. We’re pleased to welcome Barbara Fleming as our new Head of Fund Finance where her deep experience across venture and private equity will help advance bank–fund collaboration and modernize fund operations. As private capital continues to evolve, we’re doubling down on flexible financing and cloud-native banking built for today’s innovation economy. Read more: https://lnkd.in/eMc5Traa #FundFinance #VentureCapital #PrivateEquity #CommercialBanking #FinTech

On Thursday, I’ll be interviewing Wendy Cai-Lee, the CEO of Piermont Bank, about what community banks like hers are going through right now and how she thinks about the future of banking. Join us virtually for an American Banker event:

Our CEO Wendy Cai-Lee joined an incredible panel, “2B or not 2B: Can B2B payments have it all?”, alongside industry leaders including Ran Grushkowsky of MassPay, Joshua Silver of Rainforest, Rom Mascetti of Flagship Advisory Partners and Rajiv Yadlapalli of JPMorgan Chase. On the evolving landscape of B2B payments, trust and control are adding to the value chain in addition to speed. As businesses scale globally, moving money quickly matters, but so does having visibility, security, and confidence in how payments are executed. At Piermont, we are proud to partner with innovators like MassPay to help build that foundation, combining modern infrastructure with the strength and reliability of a bank. Thank you to everyone we connected with. Excited to keep the conversation going. #FintechMeetup #B2BPayments #EmbeddedBanking #Fintech #Partnerships

Our team is heading to Fintech Meetup! Our CEO Wendy Cai-Lee speaking on B2B payments on Tuesday, March 31st from 9:35AM-10:15AM. Our team will also be there with clients and partners as we continue to expand our embedded banking and payments platform. Let's connect if you are attending! #fintechmeetup #embeddedbanking #payments #fintech #growth

Piermont Bank’s leadership is growing. We’re excited to announce an expansion of the leadership team as we continue scaling our embedded banking platform for fast-growing and modern businesses.   Wenni Wu expands her current role as Chief Growth Officer, now leading all deposit-related businesses, including embedded banking deposits, program management, and the bank’s broader deposit strategy.   Dennis Day joins as Chief Payments Officer, bringing more than 20 years of experience in card issuing, merchant acquiring, and faster payments to help strengthen our payments infrastructure.   Derrick Cornelious joins as Chief Credit Officer, overseeing credit strategy while supporting the growth of our commercial and embedded lending programs.   As our Founder and CEO Wendy Cai-Lee shared: “Modern businesses are growing faster and operating more digitally than ever before. They need a banking partner that can evolve alongside them.”   We’re proud to continue building a team that combines tech-forward banking with trusted advisory relationships to support the next wave of high-growth companies. Read more: https://lnkd.in/dFBnHGEg   #EmbeddedBanking #Fintech #Payments #embeddedlending #Leadership #PiermontBank

We are excited to announce Dennis Day joined Piermont Bank as Chief Payments Officer.   Dennis brings more than two decades of experience across the payment ecosystem, including leadership roles in card issuing, merchant acquiring, and faster payments. Most recently, he served as Executive Vice President and Head of Card Services at CFSB and previously held senior leadership positions at The Bancorp Bank and First Data.   At Piermont, Dennis will lead the continued development of the bank’s payment capabilities, strengthening its payment rails, scaling fintech partnership programs, and expanding support for real-time and embedded payment experiences.   We look forward to continue building the infrastructure powering next generation of financial services under Dennis's leadership.   #piermontbank #leadership #payments #embeddedfinance #embeddedbanking #fintech

We are excited to announce Derrick Cornelious has joined Piermont Bank as Chief Credit Officer, where he oversees the bank’s credit strategy and risk management framework while supporting the continued expansion of Piermont’s commercial and embedded lending programs.   Derrick brings decades of commercial banking and credit leadership experience, including senior roles at First Republic Bank and BNY Mellon. His expertise in disciplined credit management and scalable lending frameworks will help strengthen Piermont’s ability to deliver innovative lending solutions to fintech platforms and modern SMB ecosystems.   As we continue to scale our platform to support modern businesses and fintech ecosystems, Derrick's expertise in disciplined credit management and scalable lending frameworks will play a key role in strengthening our lending capabilities.   Welcome to the team, Derrick! And more to come on embedding lending!   #piermontbank #leadership #commercialbanking #lending #embeddedlending

To determine where the financial services industry is headed relative to AI, it is imperative to remember where it has been #AI #FinAiBanking26 Speakers from Piermont Bank, Varo Bank, KeyBank and more weighed in on the past, present and future of FinAi https://hubs.la/Q046BBk40