Crypto digital banking platform JunoFinanceHQ raises $18M in funding and launches tokenized loyalty program. cryptauxmargaux reports
, which will only be distributed to verified account holders. The loyalty program will be similar to traditional credit card rewards points. Juno members can earn JCOIN for taking their paychecks in crypto, or spending crypto with their Juno debit card.
“We think these banks are not crypto friendly,” Varun Deshpande, the CEO and co-founder of Juno told CoinDesk. The aim of the loyalty program, he said, is to incentivize those already predisposed to using crypto to fundamentally replace their traditional banking stack. “Earning and using crypto are critical financial primitives for creating and growing a circular crypto economy,” added Deshpande. “Our tokenized loyalty program is meant to further accelerate the growth of this crypto economy.”
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