Fintech startup Pave Bank has secured $39 million in a Series A funding round led by venture capital firm Accel, signaling its intention to expand programmable banking solutions. The funding also includes participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technology, and GC&H Investments, bringing the company’s total funding to $45 million. 2023 saw the firm’s founding team of Simon Vans-Colina, Salim Dhanani, and Dmitry Bocharov launch their innovative platform. Pave Bank offers both traditional and programmable banking services to businesses, encompassing a combination of crypto and fiat capabilities. This empowers them to automate financial operations such as payments, transfers, and treasury management through APIs or smart contracts on digital infrastructure.