A banking app that's as comfortable with crypto as with euros.
French startup Deblock just secured a €30M Series A led by Speedinvest, joined by CommerzVentures and Latitude Ventures, to scale its on‑chain euro bank.
Deblock combines a regulated euro account with self‑custodial crypto wallets, DeFi staking, and peer‑to‑peer payments. Users can pay with their euro balance via IBAN and instantly swap to stablecoins or ETH.
The platform launched in France in April 2024 and already serves 300K customers, operating under an Electronic Money Institution licence and MiCA registration.
Revenue comes from subscription and transaction fees, while the moat is regulatory compliance plus proprietary DeFi infrastructure.
The founding team: Aaron B., Adriana Restrepo, Jean Meyer, and Mario Eguiluz Alebicto (previously built products at Revolut and Ledger).
With fresh capital, Deblock plans to expand across Europe and partner with payment giants to bridge fiat and crypto.
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