Deblock raised €30 million in a Series A round led by Speedinvest, with participation from CommerzVentures, Latitude and others. Launched in France in April 2024, Deblock reported it has reached over 300,000 users in under two years.

The new capital will support market entry into Germany, including hiring local teams and localising product features.

A New Banking Model Combines Fiat Accounts And Self-Custody Crypto

Deblock offers a regulated euro current account paired with a self-custodied crypto wallet, enabling users to manage fiat and digital assets in one interface.

The company is registered as an Electronic Money Institution under France’s banking regulator and holds a MiCA licence from the French financial markets authority.

This architecture frames Deblock as one of the first European players to fuse traditional banking rails with blockchain native assets at scale.

Timing and Its Significance

With European regulation such as the Markets in Crypto-Assets (MiCA) framework now broadly in force, regulatory clarity is improving for firms that wish to operate across borders.

The combination of banking-licensed operations, self-custody crypto offerings and user-friendly access positions Deblock to tap demand from customers who want both everyday payments and access to crypto, without having to navigate multiple apps.

If Deblock succeeds, it may accelerate a wave of fintech firms shifting from pure digital banking to hybrid banking/crypto models. The financing illustrates investor confidence in these models gaining scale.
Banks and neobanks may face growing pressure to integrate crypto-services or risk ceding market relevance.

The rise of compliance-ready, user-centric crypto-banking firms could reshuffle the competitive landscape.

Deblock’s ability to integrate into the German regulatory environment and scale localized operations will test the robustness of its model.
Managing the transition from rapid growth in France to broader European scale requires strong governance, secure wallet architecture and seamless user experience across jurisdictions.

What Comes Next

In the coming months, how Deblock performs in Germany, one of Europe’s largest digital-finance markets, will serve as a barometer for its broader expansion.

Industry watchers will monitor user activation rates, regulatory filings in new markets and whether the hybrid banking model starts being adopted by mainstream customers.