Pave Bank Raises $39 Million in Funding Round Led by Accel

Pave Bank raises $39 million in funding round led by Accel

Pave Bank, a digital-first lender enabling businesses to manage fiat and digital assets on one platform, has secured $39 million in a funding round led by Accel. This capital infusion will fuel the expansion of its global footprint, accelerate product development, and bolster its banking infrastructure.

Pave Bank raises $39M in funding led by Accel

Pave Bank, a programmable commercial bank with a Singaporean holding company, announced Thursday it has raised over $39 million in funding led by Accel. Pave Bank said in a statement that the funding round also saw participation from Tether Investments, Quona Capital, Wintermute, Helios Digital Ventures, Financial Technology Partners, Yolo Investments, Kazea Fund, and GC&H Investments. The round brings the company’s total funding to more than $4…

Tether Backs Pave Bank in $39M Raise to Expand Crypto-Friendly Banking

Tether Investments has jumped into a $39 million Series A funding round for Pave Bank, a company trying to merge traditional banking with digital assets. The round was led by Accel, with support from Wintermute, Quona Capital, and Helios Digital Ventures. The fresh funds are expected to help Pave Bank grow its global presence, speed up its product pipeline, and bring more institutional clients on board. A Bank That Talks to Both Worlds Pave Bank…

Tether Back $39M Funding for Crypto-Fiat Fintech Pave Bank

Accel Leads Round Backing Crypto-Fiat Banking Startup Pave Bank, a Singapore-based fintech offering programmable banking for businesses, has raised $39 million in a Series A round led by venture capital firm Accel. The funding brings its total raised to around $45 million, according to The Economic Times. Investors included Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technolo…

Pave Secures $39M to Develop Programmable Banking Solutions

Funding boosts Pave’s mission to innovate programmable banking technology. Highlights: Pave has raised $39 million in its latest funding round. The investment will accelerate development of programmable banking solutions. Pave aims to enhance user experiences through innovative financial technologies. New funding positions Pave as a leader in the fintech space. InsightnnThe successful fundraising by Pave underscores a strong market appetite for…

Tether Participates in Pave Bank’s $39 Million Series A Funding Round

Tether, the company behind the world’s leading stablecoin USDT, has joined a $39 million Series A funding round for Pave Bank The post Tether Participates in Pave Bank’s $39 Million Series A Funding Round appeared first on TheCoinrise.com.