Jaris

No. Jaris, Inc. is a financial technology company and bank program manager. Deposits are held at First Internet Bank of Indiana, Member FDIC, and all loans are issued by First Internet Bank of Indiana. Jaris provides the platform, underwriting, onboarding, and settlement infrastructure that connects merchants to those bank products.

Jaris earns program-management and technology fees from its payment-company and software-company partners, not net interest margin on loans. The firm integrates lending, instant-payout, and banking products into partners' existing platforms, and revenue is tied to usage, origination volumes, or ongoing platform access. Because First Internet Bank of Indiana originates the underlying credit, Jaris is not exposed to direct loan-default risk in the way a balance-sheet lender would be.

Jaris targets three partner types: independent sales organizations (ISOs) that want a white-labeled financial product suite for their merchant portfolios, payment service providers (PSPs) seeking to diversify revenue and improve retention, and SaaS platforms that want to embed lending and banking into their product experience. The end beneficiaries are the small and medium-sized businesses that use those platforms.

The platform offers business loans with same-day funding and automated repayment collection. Underwriting is performed through integrated KYB/KYC and intelligent risk models. Loan terms are not disclosed publicly, but the firm positions the product as affordable bank loans — distinct from high-cost merchant cash advances — provided via First Internet Bank of Indiana.

Jaris does not operate as an investment firm; it is a technology-enabled program manager. Strategic direction, partner selection, and capital-allocation decisions sit with the leadership team, which includes CEO Chris Aristides, Product & Technology lead Neel Patel, Partnerships lead Matt Thomas, and Finance lead Jane Meehan.