The announcement
Business identity is broken.
We built Palm to fix it.
Today, we're announcing a strategic investment from Amex Ventures.
Every time a business applies for credit, onboards to a new platform, or makes a regulatory filing, it starts from scratch — re-entering the same information, re-proving who it is, over and over again. That's not friction. It's a fundamental infrastructure problem.

Today, business identity is fragmented across government registries, banks, and software platforms. Palm brings it together by connecting directly to the source: all 50 state registries and the IRS. Verification, compliance, and monitoring now live in one identity record.
Every time a business files an annual report or completes a Registered Agent update through Palm, that record refreshes automatically across the network. For the banks, fintechs, and marketplaces built on Palm, that means moving from point-in-time verification to identity that stays current as registry data changes. The result: fewer re-verification cycles and more confidence in the data.
How Palm works
Palm connects directly to authoritative data sources across all 50 states and the IRS, combining verification, compliance automation, and continuous monitoring into a single identity service. By automating annual reports, registered agent services, and certain regulatory filings, Palm ensures that when a business completes these compliance obligations, its identity record is refreshed across the Palm identity network at the same time.

Compliance is where identity gets renewed in the real world. Every annual report, every Registered Agent update, every required filing is a moment where a business confirms who it is. We built Palm so those moments strengthen a living, portable identity that stays current and ready to use — instead of asking businesses to start from zero each time.

That’s what we’re building, and this investment from Amex Ventures supports our business model.”
Who's with us
Palm is expanding its partner ecosystem across financial services, vertical SaaS platforms, and developers, with a goal of growing the number of verified business identities on the network.
Accurate and portable business identity will be foundational to the future of financial services.
Palm is addressing a critical gap by connecting verification and registration compliance in a way that benefits both businesses and the institutions that serve them.
Margaret Lim
Managing Director • Amex Ventures • Investor

Before Palm, compliance felt reactive — I was always worried something was outdated or missing, now my business has a central identity that stays current.
Palm keeps us compliant and makes it easier to work with banks and partners without re-explaining who we are every time.
Jason Lam
Founder • Full Circle Nature • Customer