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Cari has raised $32.5 million in the first tranche of its initial funding round, backed entirely by banks. The funding will help Cari develop and scale its digital money network.
PRIVATESep 02, 2026•6 days ago
Amount Raised
$32.5 Million
Round Type
Venture - Series Unknown
Financial ServicesFinanceFintechLendingBanking
Investors
Other Banking InstitutionsDesign Partner Banks
Description
Cari, the bank-governed digital money network, has announced the successful raise of $32.5 million in its initial funding round. This financing comes exclusively from various banks, reflecting strong support for Cari’s initiatives. The funds will be utilized to develop shared infrastructure that allows banks to bring money on-chain. This initiative aims to provide faster, always-on, and programmable banking services.
Company Information
Company
Cari
About
The Cari Network is a bank-governed tokenised deposit network designed for regulated financial institutions. It aims to modernise payments, deposits, and settlement infrastructures in the banking industry. Cari is focusing on building scale and interoperability while ensuring regulated institutions remain central in the financial system.
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