Deblock, a French fintech company, has successfully raised €30 million in a funding round led by Speedinvest, Commerzbank, and Latitude. Founded in April 2024, Deblock aims to expand its blockchain-based banking services across Europe. The company offers a unique hybrid model that combines traditional banking with a self-custody crypto wallet, allowing seamless integration of euros and cryptocurrencies.
With a current user base of over 300,000 clients and 100,000 monthly active users, Deblock plans to enter the German and Austrian markets by 2026. The fintech is targeting a milestone of one million users within six months of its expansion. Licensed in France and Europe, Deblock integrates DeFi protocols to provide up to 10% annual interest on deposits starting from €1.
French Fintech Deblock Secures €30M for European Blockchain Banking Expansion
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