Juno raises $18 million to Web3 Banking Platform

By Satyajit 02/10/2022

Juno is a startup that gives financial records to crypto enthusiasts and permits them to take their checks in computerized tokens.

Juno startup has amassed over 75,000 clients in the U.S. who take their pay rates in crypto and put reliably in computerized resources every month.

Juno has raised another subsidizing round as it grows its contributions to incorporate a tokenized reliability program.

Juno offers direct onramps to customers from a checking account to layer 2 blockchains such as Polygon, Arbitrum, and Optimism for zero fees.

The eponymous platform integrates with all popular payroll platforms in the U.S., making it easier for customers who are long term believers in crypto.

On 01 Sept 2022, Juno announced it has raised $18 million in a Series a financing round.

Juno, which raised a $3 million seed funding last year, is now ready for a new offering: an optional Tokenized loyalty program.

Integrating crypto and web3 in a checking account which is a trusted and familiar interface for millions of Americans can help onboard new users to web3.

Juno took a snapshot of customers’ usage on Friday and has generated 150 million tokens that they are eligible for.

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