Pave Bank, founded in 2023, describes itself as the world's first programmable business bank. It provides a fully regulated commercial banking platform that unifies fiat and digital asset management for corporate and institutional clients. The company is licensed and regulated in Georgia.
Its core product, the Programmable Business Banking Platform, combines fiat currency and digital asset management on a single platform. It features programmable infrastructure for automated treasury operations, instant settlement, and API integration. The company achieved profitability within its first seven months of operation.
Pave Bank has raised over $44 million in total funding, including a $39 million Series A round. It was founded by former Monzo and BigPay founders, combining a technology startup approach with the structure of a regulated financial institution. Technical work spans programmable banking, digital asset management, API integrations, and treasury automation.
