Upgrading your Found account and moving to our new banking partner is easy: just open the Found app or log into your Found account using a computer. You'll be presented with a couple of agreements to review—once you've agreed to the new terms, you'll be provided with a new account and routing number.
If you're a Found app user with an iPhone and you haven't seen the new agreements, you may need to update your Found app. Here's how:
Head to the iOS App Store & update your Found app.
Once you open the updated Found app, you’ll be prompted to accept new customer agreements.
Once you complete the steps your account will be upgraded.
You have until August 7th to accept the new customer agreements in your Found app. We are not able to extend this deadline, but it's an easy couple of clicks to get you up and running with our new banking partner.
If you do not accept the updated customer deposit and card holder agreement by August 7th, 2022, your Found account will be closed and a check for any remaining balance will be mailed to the address on file in your account. To avoid any disruption in your business, we strongly advise upgrading as soon as possible.
Simply put, Found is working hard to provide the best banking services possible. Not only does this switch maintain the experience that you rely on to run your business, it enables us to expand our banking services to offer new features, funding methods, and more.
We are excited to be partnering with Piermont Bank.
If you receive a direct deposit to your old account and routing numbers before August 7th, those funds will be redirected to your new account. When this happens, you’ll receive an email notification from Found letting you know that a deposit was received to your old account.
Be sure to update this information with any depositors as soon as possible to avoid any disruptions in receiving deposits. Any direct deposits made to your old account and routing numbers after August 7th will be returned to the sender.
No. Your current Found debit card will work exactly as it does today.
No. If you have any ongoing disputes, expected refunds, or any pending transactions, they will process as if nothing has changed at all.
Yes! Once you’ve signed the updated agreements, you’ll be provided with new account and routing numbers. Be sure to update any accounts you’ve previously added your Found account and routing numbers to.
We also recommend reviewing any accounts that you’ve linked your Found account to using your login credentials—particularly any accounts linked using Plaid or other bank connectors—to ensure that there is no disruption.
Yes. All of your previous bank statements will be available.
Once you’ve signed the agreement, your old Found account will be closed. We will not be able to revert your account to your old banking information.
If you would prefer to close your Found account, you will be able to close your account and transfer out any remaining balance to a linked bank account.
*Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.
The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc.
The information on this website is not intended to provide, and should not be relied on, for tax advice.
Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.