Fintech Pave Bank secures $39 million in Series A funding led by Accel, offering programmable banking solutions for businesses. Investors include Tether Investments, Wintermute, Quona Capital, and more, bringing total funding to $45 million. Founded in 2023, Pave Bank provides institutional clients with traditional and programmable banking services.

Major financial institutions support blockchain-based payment platforms as regulation clarifies in the US and Europe. Fnality raises $136 million in Series C funding led by Bank of America, Citi, and others. BVNK, a stablecoin infrastructure company, receives investment from Citi Ventures, valuing the company at over $750 million.

Read more at Cointelegraph: Pave Bank Raises $39M For Traditional, Digital Finance Platform