Post by The Big Deal

💶 Spiko raises $22M Series A to unlock idle European cash through tokenised treasury platform 🔺 Who: Spiko, a French FinTech reinventing cash management using tokenised fund infrastructure 🔺 Funding: $22M Series A led by Index Ventures, with backing from White Star Capital, Frst, Bpifrance Digital Venture, Blockwall, and angels from Revolut, Wise, Blackstone, and Pennylane ▪️ What they do: Spiko turns idle business deposits into interest-earning assets—giving companies access to risk-free returns via tokenised money market funds, while preserving liquidity and enabling fast, digital-native transfers. ▪️ Why it matters: €21.5T sits idle in European deposits, losing out on yield. Spiko lowers the barrier to cash optimisation for smaller firms long ignored by legacy banking infrastructure. 🔹 “With Spiko, we’re making it easy for anyone to put their cash to work.” – Paul-Adrien Hyppolite, Co-founder 🔹 “They’re unlocking new liquidity pools by rethinking fund infrastructure from first principles.” – Julia Andre, Index Ventures Nik Storonsky, Jean-Luc Robert, Zach Abrams, Harsh Sinha, Lionel Assant, Arthur Waller, Juriaan Duizendstraal, Paula Garcia Domingo, Carlos Gonzalez-Cadenas, Jan Hammer, Bastian Hasslinger, Eric Martineau-Fortin, Jean-Francois Marcoux, Nicholas Stocks, Hemal Fraser-Rawal, Pierre Entremont, Bruno Raillard, Tuan Tran, Gwenaël Hamon, Dominic Briggs, Nikos Choulidis, Jannis Choulidis