Circle Co-Founder Raises $18 Million for its AI-Native Banking

Circle co-founder Sean Neville has raised $18 million in funding for its first AI-native bank. The funding round was led by prominent investors, such as Breyer Capital and General Catalyst. 

Neville aims to bridge the gap between traditional finance and DeFi by incorporating artificial intelligence. The AI-native bank will use advanced machine learning algorithms to improve the customer service experience and offer tailored services. 

With his experience in Circle, the fintech company behind the popular stablecoin USDC, Neville is well-positioned to enforce his initiative and navigate the complexities of integrating crypto into traditional finance.