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With a focus on programmability in financial services, Pave Bank aims to provide a secure and regulated platform for businesses to transact in stablecoins, Central Bank Digital Currencies (CBDCs), and tokenized Real World Assets (RWAs). It aims to reshape the global financial landscape with a seamless fusion of traditional finance and digital assets.
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Tether Signs MOU with Pave Bank and Others to Launch Fintech Scholarship Program
Odaily News: Tether, Pave Bank, and the Global Finance and Technology Network (GFTN) have signed a Memorandum of Understanding to explore the launch of the "Georgia–Singapore Fintech Scholarship Program." The program plans to select outstanding STEM undergraduate students from Tbilisi State University starting in 2027 to study for one semester at Singapore Management University, and to participate in industry exchanges, mentorship, and fintech-related projects, with a focus on promoting exchanges between the fintech ecosystems of Georgia and Southeast Asia. Students who complete the program may also receive internship opportunities offered by program partners and eligibility to participate in GFTN's global Knowledge Circle network.
Accel Partner Dan Levine to step back from frontline investing; previously led early-stage investment in Scale AI
According to The Information, Dan Levine, a partner at venture capital firm Accel, will gradually step back from frontline roles at the firm. Levine gained prominence for leading Accel’s early investments in high-profile startups such as Scale AI and Vercel, and is one of the key figures in Accel’s growth investing practice. It is reported that Accel currently holds multiple investments in the crypto and Web3 space, including OpenFX—a startup focused on stablecoin-based cross-border transactions—Pave Bank, a programmable banking platform, and Public, a multi-asset investment platform.