“Can a zero-interest health payment account embedded in employer and health plan benefits become the dominant infrastructure for managing out-of-pocket healthcare costs?”
Founded in 2018, Paytient built a Health Payment Account (HPA) product that allows employees and health plan members to pay out-of-pocket medical expenses in interest-free installments. The product sits at the intersection of employer benefits and healthcare fintech, operating in partnership with Commerce Bank which provides the underlying card and credit infrastructure. Paytient has progressively scaled its employer and health plan channel while raising successive rounds of growth capital to fund the credit book behind its zero-interest installment model.
Paytient discloses Commerce Bank as its banking provider, according to the Embedded Finance Index 2026.
Paytient does not disclose a bank charter of its own; its banking services are provided through Commerce Bank.
The Embedded Finance Index 2026 maps 3 layers in Paytient's stack: Banking / BaaS (Commerce Bank); Lending (Health Payment Account installment credit (interest-free) and Zero-interest out-of-pocket healthcare financing); Sponsor bank (Commerce Bank).
Paytient was founded by Brian Whorley and is founded in 2018, headquartered in Columbia, Missouri, USA.
Paytient has raised $101.56M in total (latest round: Debt financing, June 2025 ($40M from Trinity Capital)).
Get a read on where your own stack stands against Paytient and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.