According to deep潮 TechFlow news on November 21, as reported by Sifted, documents filed this month with the UK Companies House show that the crypto wallet Deblock, created by former Revolut and Ledger executives, has completed an additional £13.3 million (approximately $16.8 million) in seed round financing. Another document from October indicated that Headline, Hoxton, 20VC, and Chalfen were the main investors in this round of financing. Sifted previously reported that the startup quietly raised €12 million last year.
It was reported that in August 2022, former Revolut cryptocurrency head Jean Meyer, payment head Aaron Beck, and former Ledger engineering head Mario Eguiliuz co-founded Deblock. Later that year, the startup poached Revolut's Chief Operating Officer for European Banking, Adriana Restrepo, to become its fourth founder.
Deblock CEO Jean Meyer declined to comment on this round of financing. According to its website, the Deblock application is currently only available in France, where it is regulated as an electronic money institution and digital asset service provider.