PANews|May 20, 2026 12:02
[AI-Native Bank Catena Labs Completes $30 Million Series A Financing]
According to Fortune, "AI-native bank" Catena Labs, founded by Circle co-founder Sean Neville, has completed a $30 million Series A financing round. Investors include a16z Crypto, Coinbase Ventures, and Breyer Capital, among others. Catena Labs aims to build financial infrastructure for AI agents, enabling AI to autonomously handle payments, fund management, and compliance operations. The company plans to integrate stablecoins with on-chain identity systems to provide native banking services for the AI economy.
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