Crypto wallet start-up Deblock reportedly raises £13.3m in fresh funding
Crypto wallet start-up Deblock has reportedly raised £13.3 million in a seed funding round led by Headline, Hoxton Ventures, Chalfen Ventures and 20VC, according to a report by Sifted.
Deblock reportedly bags £13.3m in funding
Based between London, UK, and Lille, France, Deblock combines traditional current accounts with a non-custodial crypto wallet, enabling users to deposit, withdraw and spend funds across virtual and physical cards.
The company recently announced on LinkedIn that it is “the first fintech to be granted PSAN approval by the Autorité des Marchés Financiers” in France.
Deblock was founded by Jean Meyer, Aaron Beck, Adriana Restrepo and Mario Eguiliuz in 2022.
CEO Meyer, Beck and Restrepo are all Revolut alumni. Meyer formerly worked as head of crypto for the UK challenger, while Beck previously served as head of core payments and banking partnerships and Restrepo as COO.
Deblock’s CTO Eguiliuz joined the venture from crypto gateway Ledger, where he served as head of engineering.
Sifted also reported in May last year that the company had secured €12 million from investors.
