[company_age]4.0[/company_age][employees]1-10 employees[/employees][funding]pre_seed[/funding][description]Purpose Finance was a financial technology company that offered personal and business accounts. The company was not a bank, but rather a technology platform that partnered with Piermont Bank to provide FDIC-insured accounts. Purpose Finance was unique in its focus on sustainability and social impact. The company partnered with businesses that were committed to environmental and social responsibility, and it offered customers the ability to invest in sustainable businesses. Purpose Finance also offered a debit card that allowed customers to round up their purchases to the nearest dollar and donate the difference to charity. The company was headquartered in San Francisco, California, and it was founded in 2023. Purpose Finance ceased operations in November 2023.[/description][ps]Personal and business accounts, debit card with charitable giving feature.[/ps]