Deblock, a Paris-based startup building a new category of on-chain banking services, has raised €30 million in a Series A round led by Speedinvest, with additional backing from CommerzVentures, Latitude, and returning investors including 20VC, Headline, Chalfen Ventures, and Kraken Ventures.
Deblock offers a banking experience that merges a regulated euro account with a user-controlled crypto wallet.
Instead of relying on custodial exchanges or third-party intermediaries, customers manage euros and digital assets side by side — with the security benefits of self-custody and the convenience of a traditional bank account.
The platform supports:
- Everyday euro payments
- Digital-asset investing and savings features
- On-chain yield products via integrated Vaults
- Direct access to DeFi — without surrendering private keys
This hybrid model gives users full ownership of their funds while making crypto usable in day-to-day financial life.
Rapid Growth Since Launch
Founded by former leaders from Revolut and Ledger — Aaron Beck, Adriana Restrepo, Jean Meyer, and Mario Eguiluz — Deblock launched in France in April 2024.
In less than a year, the company has surpassed 300,000 customers, signalling strong demand for self-custodial financial tools packaged with the ease of online banking.
The company operates under an Electronic Money Institution licence from Banque de France and holds a MiCA authorisation from the AMF, positioning it as one of Europe’s first fully regulated on-chain banking platforms.
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Next Focus: Germany and Beyond
With fresh capital secured, Deblock plans to expand into Germany, where digital-finance adoption and clear regulatory frameworks make it a strategic next step.
“This is about building a simple, trustworthy way to use euros and digital assets in everyday life,” said Jean Meyer, co-founder and CEO. “Germany and neighbouring markets will play a decisive role in shaping the future of on-chain banking across Europe.”
The Series A funding will support:
- Local hiring in Germany
- Product localisation for German-speaking regions
- Strengthening customer support across Europe
- Continued development of its on-chain financial tooling
About Deblock
Deblock provides a unified on-chain banking platform that connects a regulated euro current account with a self-custody crypto wallet. Users can pay, save, invest, and access DeFi services while staying in full control of their funds. Built for everyday financial life, Deblock aims to make secure self-custody banking accessible to millions across Europe.
