Neo-banking crypto startup Juno raised $18 million in funds led by ParaFi Capital’s Growth Fund

October 3, 2022

, By Team SNFYI

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Neo-banking crypto startup Juno raised $18 million in funds led by crypto-native investment firm, ParaFi Capital’s Growth Fund where Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, Mithril, Antler Global, 6th Man Ventures and Abstract Ventures also participated.

Juno is a neo-banking platform that offers crypto natives a checking account. It enables users to accept deposits into its checking account and make payments using its debit card, which the company provides in collaboration with Evolve Bank and Mastercard. According to the company, the funds will be used to expand its US team across functions such as compliance, regulation, and marketing; launch and scale its loyalty programme; and expand its product portfolio across bill payments, tokenised rewards, and other ventures.

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Neo-banking crypto startup Juno raised $18 million in funds led by ParaFi Capital’s Growth Fund

October 3, 2022

, By Team SNFYI

Neo-banking crypto startup Juno raised $18 million in funds led by crypto-native investment firm, ParaFi Capital’s Growth Fund where Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, Mithril, Antler Global, 6th Man Ventures and Abstract Ventures also participated.

Juno is a neo-banking platform that offers crypto natives a checking account. It enables users to accept deposits into its checking account and make payments using its debit card, which the company provides in collaboration with Evolve Bank and Mastercard. According to the company, the funds will be used to expand its US team across functions such as compliance, regulation, and marketing; launch and scale its loyalty programme; and expand its product portfolio across bill payments, tokenised rewards, and other ventures.

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.

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Previous News

Made4ever startup is set to raise around $1 million at a pre-money valuation of $10 million

Next News

PhonePe relocates its headquarters from Singapore to India ahead of its IPO

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