← Embedded Finance Index 2026

Purewrist

Can a wearable NFC payment bracelet become the default frictionless payment credential for venue-based and everyday consumer commerce, replacing both phone and card at the point of sale?

Founded2015
HQUnited States
IndustryFintech / Consumer banking
The story

Founded in 2015 via an Indiegogo campaign, Purewrist pioneered NFC-chip-embedded silicone bracelets linked to prepaid Mastercard debit accounts — positioning itself as a phone-free and card-free contactless payment solution. Initially issued through Sunrise Bank, the product later migrated to Sutton Bank as sponsor. The company has expanded its go-to-market to include a B2B 'For Organizations' proposition targeting venues, campuses, smart cities, and events — embedding the wearable platform into closed-loop and open-loop payment ecosystems. Its core embedded finance angle is delivering a prepaid debit Mastercard account and mobile money management app through wearable hardware rather than a phone or physical card.

Last 12 months
Product timeline
2015
Launched on Indiegogo as a wearable NFC payment bracelet linked to a prepaid Mastercard debit account, initially issued by Sunrise Bank.· card
2020
Relaunched as 'Purewrist GO' with an updated prepaid Mastercard account backed by Sutton Bank, with FDIC-insured funds and a mobile app for iOS and Android.· banking
The stack
2 layers disclosed in Purewrist’s embedded-finance stack
Banking / BaaS
Sutton Bank
Sponsor bank
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.