StrictlyVC Download How Circle co-founder Sean Neville plans to build the first AI-native financial institution
5 snips
Jul 1, 2025 Sean Neville, co-founder of Circle and Catena Labs, is on a mission to create the first regulated AI-native financial institution. Fresh from Circle’s impressive IPO, he shares insights on 'agent-native finance' and the upcoming role of AI agents in managing payments and treasury. Neville emphasizes the importance of building regulatory trust and necessary standards for safe transactions. He discusses challenges like preventing AI hallucinations and how this venture aims to move faster than traditional banking models.
AI Snips
Chapters
Transcript
Episode notes
Long-term Co-founder Partnership
- Sean Neville shared his long-term partnership and friendship with Jeremy Allaire across multiple companies.
- Their collaboration spans over a decade and has deeply influenced their ventures in democratizing finance.
Agent-Native Finance Concept
- Agent-native finance means AI agents handling financial transactions and interactions.
- This shift will transform web interactions and financial institutions from the ground up.
AI Agents Managing Finance
- AI actors will manage payments, treasury, custody, and payouts efficiently and safely.
- Initial adoption may focus on B2B payments and automated workflows rather than direct consumer use.