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About Pave Bank
Pave Bank is a regulated multi-asset bank that combines traditional banking with digital assets, offering operational accounts, treasury management, and programmable banking services to institutions and corporates. Its core differentiation lies in programmability: clients can upload and run code directly on the bank's infrastructure, enabling automated, customizable financial workflows beyond what standard APIs allow. This addresses the pain point of rigid legacy banking systems and fragmented digital asset services, which often require multiple intermediaries and manual processes. In the past six months, Pave Bank joined the Canton Network to participate in compliance-first, privacy-enabled blockchain infrastructure for regulated markets. It also sponsored the Frontier Hackathon alongside Solana to support on-chain financial product development. The bank reported achieving profitability in 2025, signed a memorandum of understanding with the National Bank of Georgia to advance financial literacy, and completed its first test settlement with QCP on the Canton Network, demonstrating instant settlement for institutional-grade transactions. No major negative developments were reported during this period.
In the past six months, Pave Bank accelerated its buildout of institutional-grade programmable banking infrastructure. In March 2026, it joined the Canton Network, participating alongside Goldman Sachs, J.P. Morgan and others in a compliance-first, privacy-enabled blockchain network. In August 2026, in collaboration with QCP and Digital Asset, it completed its first test settlement on Canton Network, enabling 24/7 instant settlement and bilateral collateral management, while publishing settlement data on-chain and preserving institutional privacy.
Future focus: driving fully programmable banking services, including AI-agent-run banking, payment wallets for humanoid robots, and personalized financial systems for every business. Pave Bank is positioning itself as a "limitless banking" platform that bridges traditional finance and next-generation digital asset markets, while expanding on-chain fiat infrastructure such as stablecoins and CBDCs.
Salim Dhanani, Co-Founder & CEO. Formerly at the World Bank, then Carta Worldwide, and co-founded BigPay, a fintech lender in Southeast Asia.
Simon Vans-Colina, Co-Founder & CTO. Previously at Citibank and Vocalink, helped set up Starling Bank, then left as a founding team member to build Monzo.
Dmitry Bocharov, Co-Founder & COO. Former management team member at Ferratum (DAX-listed bank), later Chief Digital Officer at VP Bank in Vietnam.