# Juno

> Juno (formerly OnJuno) is a crypto-friendly banking platform that lets users in the US hold cash and crypto in one account, receive paychecks in stablecoins, and on-ramp to 20+ blockchain networks without withdrawal holds. Founded by Varun Deshpande, Ratnesh Ray, and Siddharth Verma, the company raised an $18M Series A in 2022 led by ParaFi Capital.

- **Founded:** 2019
- **Headquarters:** San Francisco, United States
- **Founders:** Varun Deshpande (Co-Founder & CEO), Ratnesh Ray (Co-Founder), Siddharth Verma (Co-Founder)
- **Team size:** approximately 120
- **Products:** Juno Checking Account, Crypto Paycheck, On-Ramp to 20+ Chains, Loyalty Rewards, Bill Pay & Recurring Deposits
- **Notable:** Raised $18M Series A led by ParaFi Capital in October 2022., Rebranded from OnJuno to Juno alongside expansion to 20+ blockchain networks., Pioneered consumer crypto paychecks for US workers at major employers.

## Products & services

- **Juno Checking Account** — FDIC/SIPC-insured (via partner banks) checking account with routing number, debit card, ACH and wire support.
- **Crypto Paycheck** — Convert any portion of a US direct deposit into USDC, BTC, ETH and other assets automatically on payday.
- **On-Ramp to 20+ Chains** — Buy and withdraw crypto to self-custody on Ethereum, Solana, Polygon, Base, Bitcoin and more, with no withdrawal holding period.
- **Loyalty Rewards** — Cash back on debit card spend, with a tokenized loyalty program announced alongside the Series A.
- **Bill Pay & Recurring Deposits** — Automated bill payments and recurring buys against cash or crypto balances.

## Achievements

- Raised $18M Series A led by ParaFi Capital in October 2022.
- Rebranded from OnJuno to Juno alongside expansion to 20+ blockchain networks.
- Pioneered consumer crypto paychecks for US workers at major employers.
- Built one of the few US neobanks offering same-day self-custody withdrawals.

## Latest updates

- **2022-10** — Raised $18M Series A led by ParaFi Capital; launched tokenized loyalty program.
- **2023** — Rebranded from OnJuno to Juno and expanded to 20+ supported chains.
- **2025-05** — Closed Treasury Account product after a partner bank insolvency; migrated cash custody to Jiko.

## Links

- Website: https://juno.finance
- LinkedIn: https://www.linkedin.com/company/junofinancehq
- Twitter/X: https://twitter.com/OnJunoHQ
- Facebook: https://facebook.com/OnJunoHQ

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Profile page: https://yespress.io/juno
Published by YesPress — https://yespress.io
Last updated: 2026-05-29