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Neo banking startup Juno raises $3 Mn led by Sequoia and Polychain Capital

Neo banking startup Juno has raised $3 million in a seed funding round led by Sequoia Capital and Polychain Capital. Dragonfly Capital, Consensys Labs, Astarc Ventures, Jitendra Gupta, and Nitin Sharma, among others, also participated. Juno would deploy the funds to expand its team in Bengaluru and Singapore along with applying for relevant licences in selective markets.

The three-months-old Juno is planning to onboard customers with a 5.5% annual interest on their savings, with no lock-in or hidden fees. (Source)

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