Deblock, a French crypto-banking fintech, has raised €30 million in a Series A funding round to fuel its European expansion, with Germany as its next target market. The funding was led by Speedinvest, with contributions from Commerz Ventures, Latitude, and existing investors including 20VC, Headline, Chalfen Ventures, and Kraken Ventures.
Since its inception in April 2024, Deblock has attracted over 300,000 users by offering Europe's first fully on-chain banking solution. This includes a regulated EMI Euro account and a self-custodied crypto wallet, allowing users to manage fiat and digital assets seamlessly. The platform supports trading of over 100 cryptocurrencies and facilitates everyday payments, enhancing user convenience in financial transactions.
Deblock Secures €30 Million in Series A Funding to Expand in Europe
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
