Juno

Juno is a digital banking platform that was founded in 2020 by Varun Deshpande, Ratnesh Ray, and Siddharth Verma. The team had previously created Nuo protocol in 2019, one of the top 5 protocols in DeFi with significant scale. It was shut down in 2020 to pursue a more regulated approach to crypto with Juno.

Juno’s cash deposits are FDIC insured up to $250,000 through their partner bank Evolve Bank and Trust. Juno is backed by Sequoia Surge, Polychain, and industry-leading executives and on a mission to make crypto-banking easy, fair, transparent, and compliant.

1 in every 3 debit card spends using Juno card are now in USDC, a stablecoin powered by Circle. Juno also provides direct onramps from a checking account to Layer 2 blockchains like Polygon, Arbitrum, and Optimism for zero fees.