Circle co-founder to create ‘AI-native’ bank after $18M raise

Share via:


Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that leverages artificial intelligence natively. 

On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured $18 million in a funding round led by Andreessen Horowitz (a16z) Crypto, a16z’s crypto and Web3 venture capital arm. 

Led by Neville, the company aims to realize its vision of a fully regulated financial institution for the AI economy. The company said it will be built…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Circle co-founder to create ‘AI-native’ bank after $18M raise


Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that leverages artificial intelligence natively. 

On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured $18 million in a funding round led by Andreessen Horowitz (a16z) Crypto, a16z’s crypto and Web3 venture capital arm. 

Led by Neville, the company aims to realize its vision of a fully regulated financial institution for the AI economy. The company said it will be built…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

HubbleHox and SNDT Women’s University Collaborate to Empower the...

New Delhi , May 21: Rustom Kerawalla’s edtech...

Airwallex raises $300m series F

This round includes US$150 million in secondary share...

Key takeaways from Google I/O 2025: Gemini, Search in...

At its flagship Google I/O 2025 keynote on...

Popular

Upcoming Events

Chipmaker Wolfspeed prepares to file for bankruptcy within weeks:...

Semiconductor supplier Wolfspeed is preparing to file for...

Pichai sees platform shift as AI brings tech research...

Artificial intelligence has brought about a significant platform...

Theta Capital raises $175M to back early-stage blockchain startups

Amsterdam-based Theta Capital Management has raised over $175...
dsa