Description
BankProv, also known as The Provident Bank and operating under Provident Bancorp, Inc. (NASDAQ: PVBC), is a commercial bank that embraces the digital currency space by offering tailored banking services for crypto businesses and investors. Its standout service includes crypto-backed lending, providing USD loans with digital assets as collateral, addressing the liquidity needs of the crypto community. Additionally, BankProv serves traditional industries and SMEs, acting as a bridge between conventional banking and fintech, including offering API banking for seamless integration and real-time payments. This commitment extends to sectors like renewable energy, fintech, and search fund loans, emphasizing secure, transparent, and innovative solutions, aligning with the blockchain ethos. BankProv insures 100% of deposits through FDIC and DIF, showcasing its dedication to security and adopting technology-first solutions to support the evolving needs of corporate clients and BaaS partners in the web3 and blockchain ecosystem.
BankProv, also known as The Provident Bank and operating under Provident Bancorp, Inc. (NASDAQ: PVBC), is a commercial bank that embraces the digital currency space by offering tailored banking services for crypto businesses and investors. Its standout service includes crypto-backed lending, providing USD loans with digital assets as collateral, addressing the liquidity needs of the crypto community. Additionally, BankProv serves traditional industries and SMEs, acting as a bridge between conventional banking and fintech, including offering API banking for seamless integration and real-time payments. This commitment extends to sectors like renewable energy, fintech, and search fund loans, emphasizing secure, transparent, and innovative solutions, aligning with the blockchain ethos. BankProv insures 100% of deposits through FDIC and DIF, showcasing its dedication to security and adopting technology-first solutions to support the evolving needs of corporate clients and BaaS partners in the web3 and blockchain ecosystem.
