Crypto-Banking-Fintech Deblock Secures €30M Series A To Expand Fully On-Chain Banking Across Europe
€30M Series A led by Speedinvest, alongside CommerzVentures and Latitude
First MiCA-licenced French fintech that unites crypto wallets and bank account capabilities
300,000 users since launching last year in France
New funding fuels Deblock’s expansion into Germany, its next core EU market
Paris, 19 November 2025 – French crypto-banking startup Deblock has secured €30 million in Series A funding led by Speedinvest, alongside CommerzVentures and Latitude. Deblock combines everyday banking with on-chain self-custody wallets, giving users full control over both euros and digital assets within one single account. Existing investors Shapers, Headline, Chalfen Ventures, and Kraken Ventures also participated in this round. The fresh capital will fuel Deblock's expansion across Europe, starting with Germany as its second core market. The company was founded by former Revolut and Ledger executives Aaron Beck, Adriana Restrepo, Jean Meyer, and Mario Eguiluz.
Deblock: Europe’s first fully on-chain banking solution
Deblock is Europe’s first fully on-chain banking solution, combining the security and transparency of a traditional bank account with the flexibility of on-chain self-custody. By unifying a euro current account with a personal, self-owned crypto wallet, Deblock lets users hold and use both fiat and digital assets within a single platform. This enables seamless everyday payments, investments, savings with Vaults, and direct access to decentralised financial DeFi services — all while maintaining full control over their funds in contrast to other custodial platforms.
Deblock is authorised as an Electronic Money Institution (EMI) by the Banque de France/ACPR and was the first fintech to receive a Markets in Crypto-Assets (MiCA) licence from the Autorité des Marchés Financiers (AMF).
Following strong growth: Germany as next core market to scale across Europe
1 PRESS RELEASE
The Series A funding follows exceptional growth. Since launching in France in April last year, Deblock has welcomed more than 300,000 customers. This reflects the growing demand for a new kind of banking experience that combines usability and security, where customers retain full control over their digital assets through self-custody. Building on this momentum, Deblock targets Germany to bring its fully on-chain banking solution to a broader European audience. The company will strengthen its German team and invest in product localisation and German-speaking customer support operations. Germany’s strong adoption of digital financial services and established regulatory framework make the German market a natural next step on Deblock’s European expansion path.
“With a strong footprint in our home market France, Germany is the perfect starting point for our ambitious European expansion,” says Jean Meyer, Co-founder and CEO of Deblock. “Our goal is to create a clear and secure way to use both euros and digital assets in everyday life – and these markets are critical to defining the future of on-chain banking in Europe.”
“What stood out to us was how focused and fast the Deblock team executes,” says Tom Filip Lesche, Partner at Speedinvest. “The second generation of financial services was defined by neobanks that were mobile-first but still built on legacy rails. Deblock represents the next wave: On-chain platforms that are programmable and user-controlled, harnessing banking-grade compliance, modern fintech UX and Blockchain architecture.”
Paul Morgenthaler, Managing Partner with CommerzVentures adds: “By giving users full control of their digital assets in a traditional current account, Deblock bridges the worlds of crypto and traditional banking. No complexity, full compliance – and ready for the mainstream.”
"Deblock makes crypto flow seamlessly alongside the money consumers already use within a single, innovative app. We’ve been waiting for an app like this to be built for over a decade, and the team’s pace and precision are exceptional,” says Julian Rowe, Partner at Latitude.
About Deblock
Founded by Aaron Beck, Adriana Restrepo, Jean Meyer, and Mario Eguiluz — former executives at Revolut and Ledger — Deblock is the first current account to integrate a true crypto wallet, combining the simplicity of modern banking with the innovation of Web3.
Launched in France in April 2024, Deblock has 300,000 clients. The company is regulated by the Banque de France as an Electronic Money Institution and holds a MiCA license from the AMF, ensuring full compliance with European financial standards.
Learn more at www.deblock.com
About Speedinvest:
Speedinvest is a leading early-stage venture capital firm with more than €1 billion AuM and investors based in Berlin, London, Munich, Paris, and Vienna. Our dedicated sector-focused teams are the first to fund Europe's most innovative technology startups and our in-house operational experts are on hand to offer founders ongoing support with growth, HR, market expansion, and more. Bitpanda, GoStudent, Wayflyer, Open, CoachHub, Schüttflix, TourRadar, Adverity, and TWAICE are among our portfolio of 300+ companies.
Learn more at www.speedinvest.com.
About CommerzVentures:
Founded in 2014, CommerzVentures is a specialized fintech investor with assets under management of €550 million. CommerzVentures invests in early and growth stage companies in the areas of Fintech, Insurtech and Climate Fintech. CommerzVentures is a return-oriented investor with a geographical focus on Europe and pursues a global strategy that also includes Israel, the USA and Africa. CoV Management GmbH is the independent manager of the CommerzVentures funds. Commerzbank AG is the anchor investor in all three funds.
Learn more at www.commerzventures.com
About Latitude:
Latitude partners with bold founders and their teams to rapidly scale breakout businesses. Latitude focuses on supporting companies from Series A through growth-stage, helping them to build enduring global enterprises. With a portfolio that includes innovative fintech, insurtech, and enterprise SaaS companies such as Tide, Copper and Wise, Latitude provides strategic capital, operational support and deep sector expertise. Based in London, Latitude is committed to backing the leaders of tomorrow’s technology ecosystem.
Learn more at https://www.phoenixcourt.vc/latitude