Pave Bank

What Pave Bank does

Pave Bank is a Singapore-headquartered, Georgia-licensed commercial bank (National Bank of Georgia License Number 305) that provides multi-currency, multi-asset, and programmable banking services to corporate, institutional, and digital-asset clients. Founded in December 2023, the company offers three core products: Operating Accounts (multi-currency business accounts in USD, EUR, and GBP with subaccounts and 24/7 online access), Multi-Asset Accounts (custody, transfer, and conversion of digital and traditional assets, including stablecoins, CBDCs, and tokenized RWAs, with AML/CFT screening), and Programmable Banking (a developer platform with SDK, webhooks, secure code-execution environment, and a centralized Pave App Store). The platform is positioned as the 'world's first programmable bank,' enabling businesses to upload code to automate treasury and asset-management workflows within a regulated banking framework.

The business operates a hybrid GTM combining self-service digital onboarding at app.pavebank.com with enterprise field sales to institutional clients and an API-first BaaS model. Revenue is generated through a mix of recurring account/service fees, transaction-based fees on multi-asset operations, subscription pricing on the programmable platform, and licensing-style economics from white-label and embedded partnerships such as Bybit's MyBank retail banking product (announced January 2026 alongside QNB and DMZ Finance). Distribution spans direct digital channels, enterprise sales, and embedded partner APIs targeting global customers.

Pave Bank is backed by Accel (Series A lead), 468 Capital (seed lead), Tether Investments, Wintermute, Quona Capital, and Helios Digital Ventures, with approximately $44 million in total disclosed funding as of October 2025. The company reported profitability in seven of its first nine months of operation and has announced planned geographic expansion into the UAE, US, Hong Kong, and the European Economic Area, alongside further development of programmable treasury products and integration with major financial and digital-asset ecosystems.

Name

Pave Bank

Legal name

Pave Bank

Website

https://pavebank.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Short description

Pave Bank is a Georgia-licensed commercial bank offering multi-currency, multi-asset, and programmable banking accounts and developer APIs to corporate, institutional, and digital-asset clients globally from its Singapore headquarters.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Recurring Payments & Variable Recurring Payments (VRP) Enablement (FSAGACAJ)

Keywords

• Multi-asset banking
• Programmable banking
• Multi-currency accounts
• Digital asset custody
• Banking-as-a-service

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Banking Services (Operating Accounts): Multi-currency operating accounts with subaccounts, international and domestic transfers, real-time access 24/7, and enhanced funds management for businesses.
2. Multi-Asset Account Services: Digital asset custody, management, and transfer services with regulatory compliance for stablecoins, CBDCs, and tokenized assets.
3. Programmable Banking Platform: Developer platform enabling businesses to build custom banking applications with SDK, API integrations, and app store distribution.
4. API and Infrastructure Services: Programmable APIs and banking infrastructure provided to partners like Bybit for enabling retail banking products through white-label arrangements.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Pave Bank is a licensed commercial bank that provides businesses with multi-currency operating accounts, multi-asset accounts supporting digital and traditional assets, and a programmable banking platform that allows customers to upload code to automate and manage financial workflows. The bank integrates traditional banking services (USD/EUR/GBP accounts, payments, subaccounts) with digital-asset infrastructure (stablecoins, CBDCs, tokenized RWAs) under a single regulated framework with AML/CFT compliance.

Product overview

Pave Bank operates as a multi-asset bank platform integrating traditional finance with digital assets. The company offers three core products: Operating Accounts (multi-currency business accounts supporting USD, EUR, GBP with subaccounts and international/domestic transfers), Multi-Asset Accounts (digital asset management with asset transfers and AML/CFT compliance), and Programmable Banking (a developer platform allowing users to upload code to automate financial workflows via SDK, webhooks, and an app store). The platform is built around the concept of combining regulated banking services with programmable digital asset rails, positioning Pave Bank as what it calls 'the world's first programmable bank.'

Differentiator

Problem solved

Functional benefit

Products and services

• Operating Accounts Multi-currency business operating accounts enabling companies to conduct domestic and international transactions in USD, EUR, and GBP. Includes subaccounts for financial organization, secure international and domestic transfers, 24/7 real-time online banking access, and enhanced funds management for cash flow, payroll, and vendor payments.
• Multi-Asset Accounts Regulated accounts for secure management of diverse digital and traditional assets, supporting stablecoins, CBDCs, and tokenized real-world assets. Provides seamless conversion between multiple currencies and assets, transfers within and outside the Pave Bank ecosystem, online asset management via portal, AML/CFT-compliant transaction screening, and insured protection against theft, cyberattacks, and unauthorized access.
• Programmable Banking User-programmable banking platform that allows businesses to upload custom code to automate and manage both digital and traditional assets within a secure regulated environment. Includes a robust SDK, comprehensive developer documentation, dedicated developer support, a centralized Pave App Store for application submission and review, automated money management, real-time transaction streaming, custom reporting and analytics, webhook integrations, and a developer community forum.
• Banking-as-a-Service (B2B API Infrastructure) Licensed banking infrastructure, APIs, and regulatory umbrella provided to fintech and crypto-exchange partners under white-label and embedded arrangements. Enables partners to deliver multi-currency IBAN accounts, fiat rails, and fiat-to-crypto conversion services within their own products without obtaining their own bank license.

Quantifiable outcome

• Profitability achieved in seven of first nine months of operation
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core, major and minor.

• BybitcoreStrategic or Co-development Partner · 29 January 2026Bybit partnered with Pave Bank as a licensed banking partner for its MyBank retail banking product. Pave Bank enables Bybit's multi-currency banking support, IBAN accounts, and fiat-to-crypto conversion services through API integration.
• Qatar National Bank (QNB)majorStrategic or Co-development Partner · 29 January 2026QNB partnered with Bybit for the MyBank product launch, alongside Pave Bank and DMZ Finance, to enable multi-currency banking support including U.S. dollars.
• DMZ FinanceminorStrategic or Co-development Partner · 29 January 2026DMZ Finance partnered with Bybit and Pave Bank for the MyBank retail banking product launch to enable multi-currency banking services.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• BVNK: B2B payments and banking infrastructure provider purpose-built for crypto and stablecoin businesses, offering multi-currency accounts and fiat rails — directly comparable to Pave Bank's operating accounts and BaaS offering.
• AMINA Bank (formerly SEBA Bank): Swiss-regulated digital asset bank offering institutional crypto banking, custody, and tokenization services — directly comparable as a licensed bank serving crypto-native institutional and corporate clients.
• Sygnum: Swiss-regulated digital asset banking group serving institutional and corporate clients with multi-asset services, tokenization, and DeFi access — directly comparable as a regulated multi-asset bank.
• Wirex: Crypto-friendly banking platform offering multi-currency accounts and a debit card bridging fiat and digital assets — comparable as a digital bank bridging traditional and crypto finance.
• Modern Treasury: Programmable treasury and payments platform enabling businesses to automate financial operations via APIs — directly comparable to Pave Bank's programmable banking and treasury automation value proposition.
• Bank Frick: Liechtenstein-regulated bank providing institutional and corporate clients with crypto banking, custody, and tokenization — comparable as a regulated European bank serving digital-asset businesses.

Broad incumbents

• Banking Circle: Established B2B banking infrastructure provider offering multi-currency accounts, payments, and lending-as-a-service for fintechs — broader incumbent in the BaaS space with overlapping capabilities.
• Stripe Treasury: Embedded banking-as-a-service offering letting platforms launch financial accounts via API — comparable to Pave Bank's programmable banking/BaaS business model, though from a broader payments incumbent.

Emerging players

• Zero Hash: B2B infrastructure provider offering crypto and stablecoin APIs, including custody, trading, and on/off-ramps — comparable as a BaaS provider for crypto-native platforms, though not a chartered bank.
• FalconX: Institutional digital-asset prime brokerage offering trading, credit, and custody for crypto-native firms — adjacent peer serving the same institutional customer segment with overlapping treasury and fiat services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pavebank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pave Bank