Pismo provides a cloud‑native core‑banking platform built on microservices that delivers real‑time account and transaction processing. The API‑first architecture enables banks, neobanks and fintechs to configure and launch card and deposit products within weeks, with built‑in AML/KYC, fraud detection and regulatory reporting. Elastic scaling and a unified analytics dashboard ensure high availability and operational visibility across digital channels.
Funding
$108M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SLFounders
Product
Problem
Legacy core banking systems are often monolithic, on-premises, and lack the flexibility to rapidly introduce new card or deposit products. This results in long development cycles, high operational costs, and difficulty scaling transaction volumes across digital channels.
Solution
Pismo delivers a cloud‑native core banking platform that abstracts account and transaction management into modular microservices. The platform provides real‑time processing, API‑first product configuration, and built‑in compliance controls, enabling financial institutions to launch and iterate on card and deposit offerings in weeks rather than months. Its scalable infrastructure automatically handles peak transaction loads, while a unified dashboard offers operational visibility and analytics. By exposing standard REST and gRPC interfaces, Pismo integrates with existing front‑end channels, payment networks, and third‑party fintech services, reducing the need for extensive custom development.
Target Audience
The primary customers are banks, neobanks, credit unions, and fintech platforms that need to modernize or expand their card and deposit product lines while maintaining regulatory compliance and operational scalability.
Features
- Microservices architecture deployed on public cloud providers for elastic scaling and high availability
- Real‑time transaction engine with sub‑second settlement and end‑to‑end audit trails
- Configurable product engine supporting customizable card schemes, interest‑bearing deposits, and fee structures without code changes
- Open API suite (REST, gRPC) for seamless integration with mobile apps, digital wallets, and legacy legacy banking systems
- Built‑in AML/KYC, fraud detection, and regulatory reporting modules that update with jurisdictional rules
- Sandbox environment for rapid prototyping and automated testing of new product flows
- Centralized monitoring and analytics dashboard with KPI visualizations and alerting capabilities
- Multi‑tenant data isolation ensuring security and compliance for each institution’s customer base