Merging Old and New: How Pave Bank is Changing Finance

Pave Bank has secured $39 million in funding, with Accel leading the charge. This company is on a mission to blend traditional finance with the world of digital assets. Imagine a bank that handles both regular money and digital currencies seamlessly. That's what Pave Bank offers. It provides deposit accounts, global payments, currency exchange, card services, and tools for managing corporate finances, all while incorporating digital asset management, instant settlements, and over-the-counter trading—all within a regulated framework. The idea behind Pave Bank is to create a trusted bridge between old-school finance and the new digital world. The company believes that the global financial system is evolving towards regulated on-chain finance. Pave Bank aims to merge the stability and oversight of traditional finance with the speed and intelligence of digital assets. This means money can move safely, transparently, and automatically across the world's financial systems. For clients, this translates to managing both regular and digital assets in real time, automating financial operations, and reducing the need for intermediaries. Exchanges and corporations can settle trades, manage liquidity, and move capital instantly—all within a regulated environment. Pave Bank stands out in a market often driven by hype. The company has achieved profitability in seven of its first nine months of operation by automating many of its processes. With a team of just over fifty people, it's growing steadily while maintaining a focus on compliance. The company serves large, sophisticated corporations and institutions operating across different markets. These clients expect their bank to be as fast and adaptive as the tech companies they partner with, but with the security and compliance of a regulated financial institution. Pave Bank is closing this gap. Accel's Rachit Parekh agrees with this vision. As digital assets become more integrated into the global financial ecosystem, there is a need for a well-regulated, full-reserve approach to banking that combines traditional and digital assets. Pave Bank is at the forefront of this shift in financial infrastructure. Quona Capital's Ganesh Rengaswamy adds that Pave's programmable, full-reserve model could boost the adoption of stablecoins, deepening financial inclusion across markets. With backing from top investors and early traction among institutional clients, Pave Bank is positioning itself as a bridge between the existing financial system and the one being rebuilt on-chain. The company holds a banking license from the National Bank of Georgia, operates a representative office in London, and is expanding into the UAE, the U. S. , Hong Kong, and the European Economic Area. Pave Bank's long-term goal is to become the trusted institution where traditional and digital economies finally operate as one.