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Investment: Startup Juno raises $18 million

05/10/2022
Categories: Companies

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As part of its latest funding round, led by the crypto-native investment firm, Parafi Capital's Growth Fund, the crypto neo-banking startup Juno has raised 18 millions of dollars.

In April 2020, Juno raised $3 million as part of its round table with Sequoia India's accelerator program, Surge, with Polychain Capital, Consensys Ventures, and Dragonfly Capital. This time, in 2022, he raised 18 million dollars. The tour also included Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, Mithril, Antler Global, 6th Man Ventures and Abstract Ventures. According to this company, the funds will be used to strengthen the American team in regulatory compliance and marketing functions.

Juno processes $100 million in total payment value (TPV) through its platform and expanded its platform to 75,000 checking accounts. This includes deposits, withdrawals, and payments made through USDC.

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