About Pave
Pave is a company based in London (United Kingdom) founded in 2017 by Sho Alexander Sugihara. It operates as a Subscription Services, and FinTech. Pave has raised $10.91 million across 2 funding rounds from investors including Redalpine, Entrepreneur First and Kindred. Pave offers products and services including Pave Credit Builder and Pave Plus. Pave operates in a competitive market with competitors including Credit Sesame, Dovly, Bloom Credit, Altro and Bonify, among others.
- Headquarter London, United Kingdom
- Founders Sho Alexander Sugihara
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pave Fintech Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.91 M (USD)
in 2 rounds
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Latest Funding Round
$9.21 M (USD), Series A
Dec 12, 2019
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Investors
Redalpine
& 2 more
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Employee Count
Employee Count
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Products & Services of Pave
Pave offers a comprehensive portfolio of products and services, including Pave Credit Builder and Pave Plus. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Credit building service offered through subscription-based accounts.
Enhanced credit building with priority bill alerts provided.
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Funding Insights of Pave
Pave has successfully raised a total of $10.91M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.21 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $9.2M
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First Round
First Round
(07 Nov 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series A - Pave | Valuation | Redalpine | |
| Nov, 2018 | Amount | Series A - Pave | Valuation | Kindred Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pave
Pave has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Redalpine, Entrepreneur First and Kindred. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments are directed toward ICT and health tech startups.
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Founded Year | Domain | Location | |
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Provider of a program turning individuals into funded technology company founders
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Founded Year | Domain | Location | |
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Venture capital funding is offered to pre-seed and seed startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pave
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pave
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pave Comparisons
Competitors of Pave
Pave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Credit Sesame, Dovly, Bloom Credit, Altro and Bonify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personal finance management and price comparison of financial products
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| domain | founded_year | HQ Location |
Credit reports are pulled automatically, disputes sent, and changes monitored.
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| domain | founded_year | HQ Location |
Tools for credit repair and score management are provided.
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| domain | founded_year | HQ Location |
Fintech platform for credit repair and financial literacy is provided.
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| domain | founded_year | HQ Location |
Provider of a credit reporting and improvement platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pave
Frequently Asked Questions about Pave
When was Pave founded?
Pave was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Pave located?
Pave is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Pave?
Sho Alexander Sugihara is the current CEO of Pave. They have also founded this company.
Is Pave a funded company?
Pave is a funded company, having raised a total of $10.91M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.7M, raised on Nov 07, 2018.
What does Pave do?
Pave is engaged in providing credit-building solutions through subscription-based services in the United Kingdom. Tools are offered to monitor credit scores with TransUnion and Equifax, improve payment history, and manage credit utilization. Support is provided through personalized tips and Credit Expert assistance via WhatsApp and email. Priority bill alerts and protection are included to help users maintain on-time payments. The service targets individuals seeking to enhance credit health without hard credit checks.
Who are the top competitors of Pave?
Pave's top competitors include Credit Sesame, Bloom Credit and Bonify.
What products or services does Pave offer?
Pave offers Pave Credit Builder and Pave Plus.
Who are Pave's investors?
Pave has 3 investors. Key investors include Redalpine, Entrepreneur First, and Kindred.
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