Moto Finance, a New York-based fintech startup, has raised $1.8 million in pre-seed funding from Cyber Fund and Eterna Capital to develop a blockchain-powered platform that combines a high-interest savings account with a premium credit card offering.
Moto was founded by Shimon Newman and Ramses Kamanda, who previously worked at Squads, a Solana-based protocol. The company said the new capital will fund product development, regulatory infrastructure, and an initial rollout designed to bring decentralized finance infrastructure into what it describes as a compliant, consumer-friendly financial product.
Moto said its system is intended to let users deposit funds, earn interest on balances, and spend globally via a Moto-branded card, with balances settled at the end of the billing cycle. The company is positioning the product as an alternative to traditional banking by pairing a tiered interest program with a flat cashback structure and by using what it described as insured, DeFi-powered yield generation.
Under the company’s tiered structure, users depositing between $0 and $100,000 would receive 5% cashback on card purchases and 2% interest on deposited funds, Moto said. Deposits between $100,000 and $499,999 would receive the same 5% cashback and 3% interest, while deposits of $500,000 and above would receive 5% cashback, 5% interest, and additional benefits.
Moto also said it plans to bundle lifestyle-oriented perks with the Visa Infinite card, including access to select digital subscriptions such as Spotify Premium, YouTube Premium, Netflix, and the Financial Times, alongside concierge services, airport lounge access, and invitations to curated events.
Following the financing, Moto said its near-term priorities include continued development of its core technology, hiring across engineering and compliance, and ongoing work with regulatory and infrastructure partners ahead of broader market availability. The company said consumers can join a waitlist through its website.
KEY QUOTES:
“Moto’s mission is to redefine how the next generation saves and spends. With backing from Cyber Fund and Eterna Capital, we are on track to build a platform that empowers users to earn meaningful returns on their assets, enjoy premium benefits that matter in everyday life, and participate in the financial upside provided by decentralized finance within a trusted and compliant network.”
“We believe financial products should integrate seamlessly with the lifestyle our users lead. Beyond interest and cashback, Moto is building a platform that delivers tangible value in how people live, work, and enjoy life.”
Allen Brooks, a representative for Moto Finance Inc.
