3 Startups · $19.8M · DeFi Banking + AI Agents + Workflow

What they're building

Moto is building a Visa Infinite credit card and high-interest savings account that runs on blockchain infrastructure underneath a product that looks and feels like a normal bank account. Deposits earn between 2% and 5% interest depending on balance size. All card spend earns 5% cashback. The yields are generated through DeFi protocols - insured, stablecoin-backed mechanisms - not traditional treasury operations. The card also bundles lifestyle perks: Spotify, Netflix, YouTube Premium, Financial Times, airport lounge access, concierge services, and curated event invitations. The target customer is the next generation of high-balance savers who want DeFi-level returns without having to touch a wallet or understand a protocol.

Why this matters

The conventional neobank model - Revolut, Monzo, Brex - competes on UX and FX rates. The yield is incidental. Moto's entire product thesis is that the yield is the product, and DeFi infrastructure is the only way to deliver it at a margin that makes sense. The founders came from Squads, the largest protocol by value secured on Solana - they built the infrastructure layer first and are now building the consumer layer on top of it. The regulatory environment has shifted materially: the GENIUS Act, Circle's IPO, and the broader institutional acceptance of stablecoins have made a compliant DeFi-backed consumer card viable in a way it simply was not two years ago. Moto is timed well. The gap between what a savings account pays at Chase and what a DeFi protocol pays is still enormous, and the first product to bridge that gap cleanly - compliantly, with a Visa card attached - wins a very large market.