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Deblock Raises €30 Million to Expand Blockchain Banking Services in Europe

Deblock Raises €30 Million to Expand Blockchain Banking Services in Europe

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by Arif Mukhtar

4 months ago


French fintech company Deblock has made headlines by securing €30 million in funding, a significant boost aimed at enhancing its blockchain-based banking services across Europe. This funding round marks a pivotal moment for the startup, which seeks to bridge the gap between traditional banking and cryptocurrency, and the publication demonstrates positive momentum in the developments.

Deblock: Революция в банковском обслуживании

Founded by former executives from Revolut and Ledger, Deblock is on a mission to revolutionize the banking experience by offering users a classic current account that is seamlessly linked to a self-custody crypto wallet. This innovative approach allows customers to manage both fiat and digital assets in one place, catering to the growing demand for integrated financial solutions.

Амбициозные планы на будущее

With ambitious plans to expand into Germany and Austria by 2026, Deblock is targeting a user base of over one million within just six months of its launch. The recent funding round, led by notable investors including:

  • Speedinvest
  • Commerzbank
  • Latitude

will play a crucial role in supporting the startup's vision of democratizing access to decentralized financial services across the continent.

In a related development, HelloTrade has successfully secured $46 million in seed funding to transform trading experiences. For more details, see the full story here.

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