Pismo provides a cloud‑native, API‑first platform that consolidates core banking, card issuing, digital wallets, lending and merchant‑payment services into a single, multi‑tenant solution. Built on containerized microservices orchestrated by Kubernetes, it offers RESTful and gRPC APIs, PCI‑DSS tokenization and real‑time event streaming to enable banks, neo‑banks and payment processors to launch and scale digital products quickly while reducing infrastructure complexity.
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
Financial institutions and fintechs often rely on fragmented, legacy core banking and card‑issuing systems that are difficult to scale, integrate, and modernize across multiple regions and product lines. This results in long time‑to‑market for new digital products, high operational costs, and limited ability to offer unified experiences such as digital wallets, lending, and corporate banking services.
Solution
Pismo delivers a cloud‑native, API‑first platform that consolidates core banking, card issuing, digital wallet, digital lending, corporate banking, and seller‑management capabilities into a single, multi‑tenant service. The platform runs on containerized microservices orchestrated by Kubernetes, providing elastic scalability and high availability. All functionalities are exposed through RESTful and gRPC APIs, enabling developers to provision accounts, issue physical, virtual, or one‑time cards, launch loan products, and manage merchant transactions without building separate infrastructures. Built‑in compliance modules (PCI DSS, SOC 2) and tokenization ensure security and regulatory adherence, while real‑time event streaming supports instant settlement and reconciliation. Clients can integrate the platform via standard SDKs or direct API calls, accelerating product launches and reducing IT overhead.
Target Audience
The platform targets incumbent banks, neo‑banks, payment processors, and large retailers that need to launch or modernize digital banking, card‑issuing, lending, or merchant‑payment services at scale across multiple jurisdictions.
Features
- Containerized microservice architecture on Kubernetes for auto‑scaling and fault tolerance
- Unified RESTful and gRPC APIs covering core banking, card issuing (Visa, Mastercard, private label), virtual/one‑time cards, digital wallets, and loan lifecycle management
- PCI DSS‑validated tokenization and end‑to‑end encryption for card data and transaction flows
- Multi‑tenant, multi‑region deployment supporting demand‑deposit accounts, cross‑border transfers, and branch hierarchies
- Real‑time event streaming and webhook framework for instant transaction processing, reconciliation, and statement generation
- Built‑in compliance and audit features (SOC 2, audit logs, role‑based access control)
- SDKs and client libraries for Java, Node.js, and Python to accelerate integration
- High‑throughput processing engine capable of handling millions of transactions per second with sub‑second latency