Piermont Bank Partners with BlxckPay for Full-Service Employer Accounts

NEW YORK, Oct. 20, 2026 /CourierPR/ -- Piermont Bank and BlxckPay Announce a New Model of Bank-Fintech Partnership, Introducing Full-Service Employer Accounts and Payroll Cards for Small and Midsize Businesses

Piermont Bank and BlxckPay have announced a new partnership designed to connect the banking needs of small and midsize businesses with the payroll needs of their employees. This collaboration aims to provide a more comprehensive financial solution for businesses, particularly in specialized sectors such as agriculture, where employers often manage seasonal hiring and recurring payroll demands.

Piermont Bank, a digital commercial bank focused on serving fast-growing companies, will support BlxckPay's employer customers with full-service business bank accounts. These accounts will meet the day-to-day banking needs of employers, while BlxckPay's payroll technology and experience will provide employees with payroll cards, a convenient method for receiving wages and accessing their pay.

This partnership introduces a model that prioritizes understanding the unique business needs of its customers, rather than simply focusing on banking needs. Piermont, with its commercial banking capabilities and client service, will complement BlxckPay's payroll technology and experience serving employers with seasonal and distributed workforces. Together, the companies aim to simplify the financial operations surrounding the employer-employee relationship, providing a more connected bank-fintech relationship.

"We are thrilled with the result," said Luis Vélez, CEO of BlxckPay.

Piermont Bank, founded by Wendy Cai-Lee, is a digital commercial bank that was built with modern technological infrastructure to operate with greater flexibility, efficiency, and scalability. The bank combines commercial banking expertise with innovative technology to deliver integrated and customized solutions to fast-growing companies.

BlxckPay, a financial technology platform serving employers, workers, and businesses across the U.S.-Mexico corridor, supports workforce payroll, cards, payments, accounts, payouts, cross-border money movement, and embedded financial services. Its H-2A/H-2B workforce capabilities include employer implementation, worker onboarding and activation, payroll programs, and ongoing support.

The new partnership between Piermont Bank and BlxckPay represents a strategic move by the companies to build bank-fintech relationships around shared customer needs and industry expertise. By connecting business accounts with employee payroll access, the companies are laying the foundation for a fuller financial operations stack for small and midsize businesses, one that links the business's banking relationship to an essential part of its daily operations.

This new model of partnership is particularly relevant to specialized sectors such as agriculture, where employers may manage seasonal hiring, multiple work locations, and recurring payroll demands. Full-service business accounts will support employers' day-to-day banking needs, while payroll cards will provide employees with a way to receive wages and access their pay. Bringing these services together is intended to simplify the financial operations surrounding the employer-employee relationship.

The partnership between Piermont Bank and BlxckPay marks a significant step forward in the evolving landscape of bank-fintech relationships, offering a more connected and comprehensive financial solution for small and midsize businesses. This new model of partnership is expected to benefit employers and employees alike by providing a more streamlined and efficient financial experience.