Company Research Report: Deblock

Company Overview

• Name: Deblock

• Mission: Deblock's mission is to create a seamless management and exchange experience for both cryptocurrency and cash, ensuring users have complete control and ownership of their money. They emphasize security, self-custody, and user autonomy in financial transactions.

• Founded: Not explicitly stated (Founded on October 22, year unspecified in the provided data).

• Founders: No information is available.

• Key People:

• Adriana Restrepo: Operations, Former COO at Revolut Bank.

• Jean Meyer: Product, Former Head of Crypto at Revolut.

• Mario Eguiluz: Tech, Former Head of Engineering at Ledger.

• Aaron Beck: Banking, Former Head of Payment at Revolut.

• Headquarters: Spaces Shake Building, 612 Rue de la Chaude Rivière, 59800 Lille, France.

• Number of Employees: 40+

• Revenue: No information is available.

• What is the Company Known For: Deblock is recognized for integrating bank account features with non-custodial crypto wallet functionalities.

Products

• Non-custodial Wallet:

• Description: Enables users to securely manage their cryptocurrencies while retaining full control over their funds. This infrastructure protects user assets even if Deblock were to become insolvent.

• Key Features:

• Self-custody ensuring no one can freeze the user's wallet or withdrawals.

• Exportable keys for user autonomy.

• Secure, multi-sig transaction approvals.

• Plans:

• Standard, Premium, and Native Plans:

• Offer a range of financial services including instant transfers, SEPA payments, bank deposits, currency exchanges, and more.

• Varying benefit tiers including increased ATM withdrawal limits and cashback.

• Crypto Exchange Services:

• Description: Facilitates the buying, selling, and swapping of cryptocurrencies.

• Key Features:

• Fees differ between plans but can go as low as 0% for crypto swaps (same chain) in the Native plan.

• Access to DeFi on Solana and Ethereum.

• Debit Cards:

• Description: Physical and virtual debit cards for managing everyday transactions.

• Key Features:

• One-off cards for security with new numbers generated after each use.

• NFT branded and virtual cards available on higher plans.

• Cashback on card payments based on plan tier.

Recent Developments

• Recent Developments: No specific recent developments are detailed.

• New Products Launched: No explicit mention of newly launched products.

• New Features Added to Existing Products: No information is available.

• New Partnerships: No information is available.

Legal & Compliance

• Licensing:

• Digital Asset Service Provider (DASP) License: Authorized by the Autorité des Marchés Financiers (AMF) for digital asset transactions, License Number A2024-002.

• Electronic Money Institution (EMI) License: Granted by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), Bank Code: 17748.

This report outlines the details extracted from the available data on Deblock, providing a comprehensive understanding of the company's structure, operations, and offerings.