Neo bank Juno has raised $3 million (about Rs 21 crore) in a seed round led by Polychain Capital and Sequoia Capital’s Surge. The round also saw participation from Dragonfly Capital, Consensys Labs, Astarc Ventures, Singapore Angel Network and other angel investors including Amrish Rau and Jitendra Gupta (CEO, PayU India) and Nitin Sharma from Incrypt. “We will be using the funds to expand our team in Bengaluru and Singapore and also apply for relevant licences in select markets to expand,” Deshpande told ET.