A New Way to Save, Spend, and Earn with Moto Finance
Moto Finance, a pioneering financial tech company, has secured $1.8 million in funding to develop an innovative money platform. This platform uniquely combines a high-interest savings account and a premium credit card, all powered by blockchain technology. The goal? To provide users with better ways to save, spend, and earn rewards—all in one seamless experience.
The Vision Behind Moto Finance
Founded by former Squads employees Shimon Newman and Ramses Kamanda, Moto Finance aims to bring decentralized finance (DeFi) to the masses in a secure and user-friendly way. The platform allows users to earn interest on savings and cashback on purchases, all backed by stable and insured DeFi mechanisms.
Tiered Rewards for Every User
Moto's platform operates on three tiers, with rewards increasing based on deposit amounts:
- $500,000+ deposit: 5% cashback on purchases, 5% interest on savings, plus exclusive perks like premium subscriptions and access to VIP events.
Beyond Finance: Lifestyle Benefits
Moto isn't just about money—it's about enhancing everyday life. Cardholders enjoy benefits like:
- Spotify Premium
- Netflix
- Global concierge services
The mission? To create financial tools that seamlessly integrate into users' daily lives.
A Growing Demand for Better Banking Alternatives
With traditional banks offering low interest rates, platforms like Moto are gaining traction. This new funding will help Moto:
- Enhance its technology
- Expand its team
- Work with regulators to bring the platform to market
Join the Waitlist
Interested in trying Moto Finance? You can join their waitlist on their website. While the final details are still in development, one thing is clear: Moto is redefining personal finance.
