Pemford Bank was founded on a simple belief: everyone deserves access to secure, affordable, and modern banking — wherever they live and whatever their financial goals.
In 2018, three friends sat in a small New York office with a bold idea: build the bank they always wished they had. Traditional banking was still burdened by hidden fees, slow processes, and outdated technology.
They believed technology could change everything. By combining world-class engineering with deep knowledge of the U.S. financial system, Pemford Bank was born.
Today, we serve over 50,000 customers across the United States. We operate under applicable federal and state banking regulations and offer FDIC-insured deposit products.
Pemford Bank was established by three financial technology veterans with a shared vision: make modern banking accessible to more Americans.
We completed our initial federal and state regulatory approvals and launched with a strong commitment to compliance.
Despite global challenges, we crossed 50,000 registered customers and processed over $500 million in transactions.
We launched our award-winning iOS and Android apps, putting full-service banking in customers' hands.
We introduced foreign currency account support for USD, GBP, and EUR to make global payments easier.
We processed over $2 billion in transactions and expanded our team to 120 professionals across New York, Austin, and San Francisco.
Our mission is to provide Americans with fair, transparent, and technology-driven financial services. These values guide every decision we make.
To expand access to safe, affordable, and accessible digital banking products that empower individuals and businesses across the United States.
Every product decision, every line of code, every policy starts with one question: is this secure? We never compromise on protecting our customers.
We do not just build for customers — we build with them. Real customer feedback shapes every feature we ship.
Traditional banking still leaves too many people with high fees and outdated tools. We use technology to create a better experience.
Our leadership team brings decades of experience from leading U.S. financial institutions and technology companies.
Chief Executive Officer
Former regional bank executive with 15 years of financial services experience. Daniel holds an MBA from Columbia Business School.
Chief Technology Officer
Built payment infrastructure at a leading fintech before joining Pemford Bank. Maya holds a BS in Computer Science from Stanford University.
Chief Financial Officer
CPA and former finance director at a national bank. James brings deep expertise in treasury and capital management.
Chief Operations Officer
Operations leader with extensive consumer banking experience. Rachel oversees banking operations, compliance, and customer experience.
50,000+
Registered Customers
$2B+
Transactions Processed
99.9%
Platform Uptime
120+
Team Members
6
Account Products
3
Office Locations