Pave is decentralizing the credit bureau with the launch of the Global Credit Profile. Users will have visibility and control over their financial data to allow them better access to the financial products they deserve.
LAUNCH OF PAVE INITIAL PRODUCT: INCOME SHARE AGREEMENTS
Q1 2014
LAUNCH OF PAVE LOAN PRODUCT Creation of nationwide lending platform $300 million credit line from Seer Capital $22.3 mm lent to thin credit files 1,665 borrowers Development of speciality thin file credit model
Q1 2017
DEVELOPMENT OF FINANCIAL PROFILE DATA CENTER
SEPTEMBER, 14 2017
PAVE PUBLISHES WHITEPAPER
NOVEMBER 2017
PRE-SALE OF TOKEN OFFERING
Q4 2017
LAUNCH OF GCP MVP Ability to connect traditional credit data and bank account data Ability to share data on a permissioned basis Automatic connection of data to the “Data Vault” on anonymised basis 1,665 borrowers
Q1 2018
MVP ENHANCEMENTS Ability to add non traditional data sources Real time monitoring of credit
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