PANews reported on November 21 that according to documents filed with the UK Companies House this month, Deblock, a crypto wallet created by former Revolut and Ledger executives, has completed an additional £13.3 million (about $16.8 million) in seed round financing. Another October document showed 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 euros last year.
According to reports, in August 2022, former Revolut cryptocurrency director Jean Meyer, payment director Aaron Beck and former Ledger engineering director Mario Eguiliuz co-founded Deblock. Later that year, the startup poached Revolut European banking chief Adriana Restrepo as 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 by electronic currency institutions and digital asset service providers.
