Deblock Raises €30M Series A to Expand On-Chain Banking Across Europe
Deblock, a French crypto‑banking fintech that merges traditional banking services with blockchain self‑custody, has raised €30 million in a Series A funding round as it prepares to scale its fully on‑chain banking platform across Europe. The financing, announced on November 19, 2025, was led by Speedinvest with participation from co‑investors CommerzVentures and Latitude, alongside continued support from existing backers including 20VC, Headline, Chalfen Ventures and Kraken Ventures.
Founded in 2024 by former executives from Revolut and Ledger — Aaron Beck, Adriana Restrepo, Jean Meyer and Mario Eguiluz — Deblock combines a regulated euro current account with a self‑custodied crypto wallet, enabling users to hold and manage both fiat currency and digital assets within a single platform. This hybrid model supports everyday banking functions such as payments and transfers, as well as access to decentralised finance (DeFi) services — all while ensuring users retain full control over their private keys. Since launching in France in April 2024, the company has grown its user base to more than 300,000 customers.
The €30 million Series A cash infusion will support Deblock’s European expansion strategy, beginning with Germany as its next core market. The company plans to localise its product features, build out local teams, and establish German‑speaking customer support to cater to a broader audience in one of Europe’s most active digital finance ecosystems. In addition, Deblock intends to strengthen its overall presence in the region by scaling operations, enhancing regulatory compliance, and adapting its platform to meet market‑specific requirements.
Deblock operates under a licence as an Electronic Money Institution (EMI) granted by the Banque de France and holds a Markets in Crypto‑Assets (MiCA) authorisation from the French financial markets regulator, the Autorité des Marchés Financiers (AMF), positioning it as one of the first regulated on‑chain banking solutions in Europe. This regulatory status allows the company to offer its integrated banking and crypto services with the robust compliance frameworks expected in traditional finance while embracing the transparency and security of blockchain technology.
The company’s platform is designed to make digital assets and traditional euro banking interoperable in everyday financial life. Users can perform standard banking tasks — such as sending SEPA transfers, paying bills with a linked debit card, and saving with features like Vaults — while also managing, trading and accessing yield opportunities for digital assets on‑chain. This unified experience addresses a long‑standing gap in the fintech market by enabling seamless movement between fiat and crypto without relying on custodial intermediaries that hold users’ keys.
Investor enthusiasm for Deblock reflects a broader trend of venture capital backing for fintech and crypto integration, as startups that bridge traditional finance and decentralised technologies attract increasing attention. Speedinvest, a Europe‑focused venture firm, emphasised Deblock’s potential to define the next generation of financial services by combining banking‑grade compliance with blockchain innovation. CommerzVentures and Latitude’s involvement further signals confidence in the company’s ability to execute on its vision and capture market share as digital asset adoption continues to accelerate across Europe.
Deblock’s expansion comes at a time when European regulators are increasingly implementing frameworks to support digital finance — including the rollout of MiCA — while consumer and institutional interest in self‑custody and blockchain‑native services continues to grow. Europe’s mix of developed financial markets and progressive regulatory initiatives creates a fertile environment for companies like Deblock that aim to offer regulated, user‑centric alternatives to traditional banking and custodial crypto services.
As Deblock scales beyond France and into new European markets, the company is positioning itself not just as a fintech but as a foundational platform for mainstream adoption of on‑chain banking. Its €30 million Series A round underscores investor confidence in the company’s mission to unify fiat banking with decentralised asset ownership, potentially reshaping how customers interact with money and financial services in an increasingly digital economy.
