Deblock, a French crypto-banking startup founded by former Revolut and Ledger executives, has secured €30 million in Series A funding to expand its blockchain-based banking app to Ireland and further across Europe. The round was led by Speedinvest, with participation from CommerzVentures and Latitude.
Deblock launched in France last year and has already attracted more than 300,000 users, reflecting an increasing demand for finance apps that make it easy to manage both euros and digital assets in one place. The fresh capital will fuel Deblock’s expansion across Europe, with Ireland identified as a key early market.
The company was founded by Aaron Beck, Adriana Restrepo, Jean Meyer, and Mario Eguiluz, who bring senior executive experiences from neobank, Revolut, and leading crypto hardware wallet maker, Ledger.
Europe’s first fully on-chain banking solution
Deblock is Europe’s first fully on-chain banking solution, offering a single blockchain-based banking app that combines everyday banking features with decentralised finance (DeFi) services.
Deblock brings together a euro current account with a self-custody crypto wallet, enabling users to manage euros and digital assets in one platform. With its infrastructure built entirely on blockchain technology, Deblock enables faster, more transparent and more efficient processes, particularly for cross-border transfers and on-chain financial products.
Its self-custody design allows users to hold, convert and use their assets within a single app, with private keys secured directly on their devices rather than by a third party. The platform also incorporates strong security standards and adheres to EU regulatory requirements for operational resilience and cybersecurity.
Through Deblock, users can access everyday banking features – payments, savings, investing and borrowing – and gain direct access to DeFi services. They can move between euros and digital assets, save through Deblock’s on-chain saving Vaults, which offer variable interest rates up to 10% AER, and access borrowing options secured against their digital assets.
Ireland as a key early market for Deblock’s European expansion
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.
As part of its next phase of European expansion, Deblock has identified Ireland as a key early market, and plans to launch its platform in the country in 2026. The company has already engaged with its early Irish users to understand the needs of the Irish market, and will now focus on market preparation to make its on-chain banking experience accessible to Irish users.
Ireland’s established fintech sector, English-speaking market, and clear regulatory framework make it a natural step in Deblock’s wider European rollout. The country also shows a steady level of interest in digital asset products, supporting the company’s plans to introduce a unified platform that brings euros and digital assets together.
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). Through EU passporting, these licences allow Deblock to operate and offer its services in Ireland.
“With a strong footprint in our home market France, Ireland represents an important early step in our 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 Ireland is one key market that is 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: “Deblock bridges crypto and traditional fiat banking, making digital assets as usable as euros – without requiring users to understand complex protocols. This opens decentralised finance to a broader audience while maintaining full regulatory compliance.”
“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.
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