Fintech company Navra closes $19 million Series A funding round led by Ribbit Capital.

BlockBeats news, October 7th - Navra, a fintech startup led by Mike Cagney, co-founder of SoFi and Figure, has completed a $19 million oversubscribed Series A funding round. The round was led by Ribbit Capital, with participation from Baseline, DCM, Jump Crypto, and Figure Technology Solutions.

Navra primarily provides access to multiple blockchain venues through a single interface, directly connecting to DeFi yield protocols and cash channels, offering keyless self-custody services that meet qualified custody requirements, and incorporating built-in AI agents; the institutional version also supports enterprise team management and full audit trails.

Navra stated that it plans to launch on a limited scale for retail and institutional clients by the end of October, with Figure becoming its first blockchain partner.