Deblock, a French-based fintech focused on on-chain financial infrastructure, has closed a €30 million Series A funding round.
The round was led by Speedinvest, with participation from CommerzVentures and Latitude, alongside existing investors Shapers, Headline, Chalfen Ventures, and Triton Capital (formerly Kraken Ventures).
The funding will support Deblock’s expansion across Europe and the acceleration of its product development.
The company aims to address inefficiencies in traditional banking, where lengthy procedures and extensive information requirements can limit users’ ability to manage funds quickly and transparently.
Deblock plans to introduce new products in the coming months designed to provide users with greater control over their financial activities, building on its commitment to fully on-chain financial services.
Featured image credit: Deblock