Moto Finance Secures $1.8 Million in Pre-Seed Funding
Moto Finance Inc., a pioneering financial technology company, has successfully raised $1.8 million in pre-seed funding from prominent investors Cyber Fund and Eterna Capital. The capital will be used to advance the development of Moto’s blockchain-powered financial platform, which aims to redefine savings and credit card services for modern consumers.
The company is building a next-generation financial stack that integrates blockchain technology into everyday banking, offering users a seamless experience for saving, spending, and earning rewards. This strategic funding will also support regulatory infrastructure and an initial product rollout.
Founders with Proven Blockchain Expertise
Moto Finance was co-founded by Shimon Newman and Ramses Kamanda, both of whom previously worked at Squads, the most valuable protocol on Solana in terms of secured assets. The duo left Squads with the vision of transforming decentralized finance (DeFi) into a consumer-friendly and compliant product.
“Our mission is to bring the power of DeFi into a trusted, everyday financial product,” said Allen Brooks, a representative for Moto Finance. “With the support from Cyber Fund and Eterna Capital, we are set to deliver a financial tool that offers meaningful returns and premium lifestyle benefits.”
Innovative Financial Platform with Blockchain Integration
Moto’s flagship offering is a combination of a high-yield savings account and a Visa Infinite credit card. Users will be able to deposit funds to earn interest and spend globally, with balances settled at the end of each billing cycle. The platform leverages insured, blockchain-enabled yield generation to offer significantly higher returns than traditional savings accounts.
While average U.S. savings account yields hover around 0.6%, Moto aims to offer up to 5% interest on deposits and 5% flat cashback on all card purchases—making it a compelling alternative for financially savvy consumers.
Reward Tiers Based on Account Balances
Moto’s ecosystem includes a tiered rewards structure that increases benefits based on the user’s deposit level:
- Tier 1 (Deposits up to $100,000): 5% cashback and 2% interest
- Tier 2 ($100,000 to $499,999): 5% cashback and 3% interest
- Tier 3 ($500,000 and up): 5% cashback, 5% interest, and exclusive perks
This structure encourages deeper engagement with Moto’s platform while maintaining a consistent and generous cashback rate across all tiers.
Premium Lifestyle Benefits
Beyond financial performance, Moto users will enjoy a suite of premium lifestyle perks. These include complimentary access to popular digital subscriptions such as Spotify Premium, Netflix, YouTube Premium, and the Financial Times. Additional benefits include entry to global airport lounges, concierge services, and invitations to exclusive events and curated lifestyle experiences.
“Financial tools should align with how consumers live their lives,” said Brooks. “We’re not just offering interest and cashback—we’re delivering a lifestyle experience.”
Meeting Modern Consumer Expectations
The launch of Moto comes at a time when consumers are increasingly seeking alternatives to traditional financial services. With bank interest rates near all-time lows and a growing appetite for integrated digital solutions, Moto’s offering positions itself as a forward-thinking alternative.
Rather than juggling multiple disconnected financial products, Moto provides a unified platform that combines saving, spending, and rewards. This aligns with the expectations of tech-savvy consumers looking for simplicity, performance, and lifestyle enrichment.
Future Roadmap and Availability
Following the successful funding round, Moto plans to accelerate the development of its core technology and expand its engineering and compliance teams. The company is also actively engaging with regulatory partners to ensure a fully compliant rollout.
Consumers interested in early access can join the waitlist on Moto’s official website. Updates on product availability will be shared as development progresses.
About Moto Finance Inc.
Moto Finance Inc. is a U.S.-based fintech company focused on building secure, compliant, and high-performance financial tools for the next generation. By combining blockchain infrastructure with traditional banking features, Moto aims to deliver a revolutionary savings and credit experience with real-world value and lifestyle integration.
For media inquiries, contact:
- Company Name: Moto Finance Inc.
- Contact Person: Allen Brooks
- Phone: +1 978-584-4083
- Email: finance@moto-card.com
- Website: https://moto-card.com
- Social Media: @usemotocard
This article is inspired by content from Original Source. It has been rephrased for originality. Images are credited to the original source.