What is Palm?
Palm is a business identity platform that maintains verified profiles for businesses and shares them across the platforms that need to onboard, verify, and monitor those businesses. The product covers four jobs, onboarding into systems like POS or banking, verifying business documents, monitoring ongoing compliance, and handling filings through an API. It sells to government agencies, vertical SaaS, financial institutions, and insurance carriers rather than to end small business owners.
Why Palm works
Every platform that touches a business identity does the same KYB work in parallel, then trusts nobody else's answer. Palm centralises a verified profile and exposes it to partner platforms through APIs so the same business can be onboarded into a POS, a bank, and an insurer without resubmitting the same documents. That removes the most expensive part of business onboarding for both the platform and the business itself.
Palm features
- Pre filled onboarding. Push verified business data into partner systems such as POS, banking, and accounting so end users see fields already filled rather than blank forms.
- Identity verification. Confirm business identity against database and document records before granting access to credit, insurance, or platform features.
- Continuous compliance monitoring. Track changes to a business profile over time and surface real time alerts when registration or licensing status shifts.
- Filings and formation API. Submit government filings and form new entities through APIs so partner platforms can offer compliance services without their own legal workflows.
Who Palm is for
- Vertical SaaS platforms onboarding business customers that want to skip manual document collection at signup.
- Financial institutions extending credit, deposit accounts, or merchant services that need a reliable KYB source of truth.
- Insurance carriers and MGAs underwriting small commercial policies and needing verified attributes about the business.
- Government agencies that issue licenses or process business filings and need a central source for verified data.
Similar micro SaaS ideas you can build
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