Purpose Finance

Purpose Finance

We help purpose-driven businesses get the capital, partners and resources they need to grow and connect with a mission-aligned audience. Learn more
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Purpose Finance is a financial technology company dedicated to creating a more transparent, equitable, and sustainable economy. Unlike traditional banks, Purpose Finance operates as a public benefit corporation, meaning it prioritizes positive social impact alongside financial returns. The company serves a diverse clientele, including conscious consumers and businesses that are committed to ethical financial practices. Operating primarily in the fintech sector, Purpose Finance offers a range of financial products and services, including a debit card issued by Piermont Bank, which is FDIC insured up to $250,000. The company's business model revolves around providing innovative financial solutions that align with its mission of promoting transparency and sustainability. Revenue is generated through various financial products and services, as well as partnerships with other financial institutions. Purpose Finance leverages its cross-disciplinary team, which has extensive experience in engineering, design, and finance, to develop impact-led financial products.

Keywords: fintech, sustainable finance, transparent economy, ethical banking, public benefit corporation, debit card, FDIC insured, conscious consumers, financial products, impact-led.