Puerto Rico-based FV Bank has distributed an update on its digital banking services.
FV Bank is a regulated US digital bank and financial infrastructure platform headquartered in San Juan.
The company aims to combine traditional regulated banking services alongside modern offerings. Today, the bank reports that it is bringing stablecoin settlement, digital asset custody, programmable payments, and cross-border banking rails to the platform.
The update includes “agentic-ready” virtual cards and APIs for developers. The bank says it will help “Fintechs, enterprises, marketplaces, and emerging AI-native commerce platforms move funds seamlessly across traditional payment rails and blockchain networks.”
Miles Paschini, CEO of FV Bank, says modern finance suffers from fragmentation, and banking services, including payments and digital assets, have evolved on separate rails. They want to bring all of those services into their regulated financial offerings to better support their customers.
“As demand accelerates for real-time and programmable financial infrastructure, FV Bank is uniquely positioned to provide clients with a platform that combines speed, flexibility, and regulatory oversight within a single environment,” states Nitin Agarwal, Chief Revenue Officer of FV Bank.
FV Bank does not publicly disclose its assets or balance sheet, as it is a private bank. Reportedly, the bank has raised approximately $13 million in funding.