Digital Bank Juno Raises $3 Million in Seed Round, Uses Blockchain Platform for “Decentralized …

Digital Bank Juno Raises $3 Million in Seed Round, Uses Blockchain Platform for “Decentralized Lending,” Promises Whopping 5.5% Savings Rate

Bank startup Juno has issued a release reporting $3 million in seed funding from some prominent names. The digital banks says it has received the backing of Sequoia, Polychain and Dragonfly. Juno was founded in July 2019 by Varun Deshpande, Ratnesh Ray, and Siddharth Verma after creating the Consensys-backed Nuo protocol in 2018.