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Cryptobank Company Deblock Completes €30 Million Series A Funding Round, Led by Speedinvest
BlockBeats News, November 19th, French crypto banking technology company Deblock has completed a €30 million Series A funding round. This round was led by Speedinvest, with participation from CommerzVentures and Latitude. Existing investors 20VC, Headline, Chalfen Ventures, and Kraken Ventures also joined this funding round.
Since its launch in France in April 2024, Deblock has accumulated over 300,000 users. The company provides what it calls the first fully on-chain banking solution in Europe: a regulated Electronic Money Institution (EMI) Euro account combined with a 100% self-custodial crypto wallet, allowing users to manage fiat and digital assets on a single platform.
Users can trade over 100 cryptocurrencies with no limits and can also use cryptocurrency for everyday payments, including rent, shopping, and cross-border transfers. Deblock was founded by former Revolut and Ledger executives Aaron Beck, Adriana Restrepo, Jean Meyer, and Mario Eguiluz, bringing together a team with expertise in both modern fintech and blockchain security.
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