Soft blue gradient with fluid, wave-like abstract shapes.
This content was generated by Whalee (BETA), an AI assistant that analyzes cryptocurrencies. The information may be incomplete and/or incorrect. Please always verify for yourself and do your own research.

Main Activities

The main activity of Deblock is the provision of digital financial services, combining a current account, VISA cards, and a crypto wallet. Deblock offers an app allowing users to open an account with an IBAN, obtain payment cards, make instant transfers, exchange fiat currencies and cryptocurrencies, and manage their digital assets autonomously (self-custody). Users can deposit, withdraw and exchange cryptocurrencies (Bitcoin, USDC, Ethereum, etc.) without limits, convert their crypto-assets into euros, and earn a yield on their euro balance (up to 4% to 6% depending on the offers). Deblock primarily targets individuals and professionals seeking a modern alternative to traditional banks, with a strong focus on cryptocurrency users and decentralized finance enthusiasts.

History

Deblock is a French company specializing in innovative financial services, combining current accounts, VISA cards, and a crypto wallet. Founded in Lille, Deblock SAS is registered as a Digital Asset Service Provider (DASP) with the Autorité des Marchés Financiers (AMF) and also holds an electronic money institution license issued by the Autorité de Contrôle Prudentiel et de Résolution (ACPR).

The key stages of its development include:

  • Creation and positioning: Deblock was created to offer an alternative to traditional banks, providing a current account with IBAN, payment cards, instant transfers, and the ability to exchange currencies and cryptocurrencies without banking fees.
  • Launch of innovative products: The company offers a unique debit card, an interest-bearing current account (up to 4% daily interest), and a non-custodial crypto wallet allowing users to deposit, withdraw, and exchange crypto without limits.
  • Obtaining regulatory approvals: Deblock has obtained the necessary licenses from the AMF and ACPR, strengthening its credibility and compliance in the French and European markets.
  • Development of partnerships: The company relies on technological and financial partnerships to offer secure and innovative services, notably the integration of payment and crypto exchange solutions.
  • Community strategy: Deblock focuses on a strong community presence via Discord, Telegram, Twitter, and LinkedIn, and offers an ambassador program to strengthen user engagement.
  • Continuous evolution: Deblock regularly enhances its offering with new features (crypto marketplace, exchange tools, live support, etc.) and aims to democratize access to decentralized finance while ensuring security and ease of use.

Deblock stands out for its commitment to making money and cryptocurrency management accessible, transparent, and free of hidden fees, while ensuring total protection of its users' assets through a self-custody approach.

Team

Stealth Fintech: Several startups use the name "Stealth Fintech," but among the public profiles associated with stealth mode fintech projects, we find:

  • Ahmed A. – Co-founder and CEO
  • Chad Wilson – Executive Director and Chief Product Officer
  • Olivier Clatz – Member of the management team
  • Alex Novozhenov – Co-founder
  • Yannick Rainville – Founder
  • Benjamin Buraconak – CEO & Founder

These names come from various sources and may correspond to several stealth mode fintech projects, as the term "Stealth Fintech" is used by multiple non-public startups.

Deblock (deblock.com): Deblock was founded by four former executives of Revolut and Ledger:

  • Jean Meyer – Co-founder and CEO
  • Adriana Restrepo – Co-founder
  • Aaron Beck – Co-founder
  • Mario Eguiluz – Co-founder

Alain Demarolle also joined the supervisory board to strengthen the company's governance.

Fundraising