OnJuno
A global neobank that grows your idle money faster
Founders
Varun Deshpande, Siddharth Verma, Ratnesh Ray
Backed By
Sequoia Surge, Polychain, Dragonfly, Consensys
About
OnJuno wants to offer the world a bank that is truly fair, global and transparent in its offerings. Mobile-first and built using open banking APIs, it already offers users a high yield savings account (5.5% annual interest, 50x the industry average) and a debit card with personalized rewards.
The OnJuno team has also built Nuo Network, a leading decentralized finance (DeFi) platform in Asia.
From the Founder…
Nitin will ask you the toughest questions when you are pitching, and be your biggest supporter as an investor. He signifies brutal honesty over hypocritical politeness - which you need the most at an early stage of your startup.
He believed in us when no else did, and we found a great partner in him who makes us smarter with his insights and supports us to dream bigger. Nitin is one of the rare VCs able to bridge the gap between deep tech areas like blockchain and traditional venture capital, with his global network and years of US and India VC experience, at NEA and Lightbox.
With First Principles, Nitin has also built an amazing team around him, which has great empathy for all the founders they work with, and a deep understanding of various sectors they invest in. They have also done a lot on the community, education and policy fronts to build the emerging blockchain ecosystem in India.
If you think you are dreaming too big, have a vision for the future that you are building towards but most investors shrug you off, you need to start thinking from and with First Principles.
- Varun Deshpande