Cogni announces today its $23 million Series A funding round, bringing a new wave of digital banking innovations to consumers who want to modernize their personal finance options. The strategic round was led by Hanwha Asset Management and CaplinFO with participation from Solana Ventures, FTX Ventures, Ship Capital, Thirty Five Ventures, ROK Capital, Bluewatch Ventures, and Alsara Investment Group. Cogni will use the funds to continue to build the core Cogni technology and infrastructure, gain new users on the platform, expand its suite of products and hire new talent.

Cogni is a leading lifestyle-focused digital banking platform founded in 2018. Cogni gives members zero-fee banking, access to 55,000 free ATMs worldwide, single-use cards, and access to discounted gift cards. Cogni also allows users to track carbon emissions on each transaction. Cogni aims to bridge the gap between Web2 and Web3 services by building a fully compliant, digital banking experience for mainstream user adoption with unique features.