Spiko Raises $22 Million to Re-Engineer Access to Treasury Yields

Spiko, a Paris-based fintech company led by Paul-Adrien Hyppolite(CEO), Antoine Michon(COO), Samuel Briole(CTO), Victor Charpiat(Head of Legal and Compliance), has raised $22 million in Series A funding led by Index Ventures, with participation from White Star Capital, Frst, Rerail,  Blockwall, and Bpifrance’s Digital Venture Fund. The round was supported by notable angels, including Revolut co-founder Nikolay Storonsky, Kyriba founder Jean-Luc Robert, Bridge co-founder Zach Abrams, Wise CTO Harsh Sinha, Blackstone co-CIO Lionel Assant, and Pennylane’s founding team.

Just a year after launch, Spiko has grown organically to over $400M in AUM and processed $900M+ in working capital from 1,000+ businesses—without a sales team. Projected to surpass $1B in AUM by year-end, Spiko addresses a clear gap in business banking: earning daily interest without losing liquidity. Built with API access at its core, the platform has secured partnerships with Fygr and Memo Bank. The nine-person team is led by co-founders Paul-Adrien Hyppolite and Antoine Michon, both with backgrounds in government and finance.

Spiko is redefining business banking in Europe through tokenization, enabling small businesses—often overlooked by traditional banks—to access secure, high-yield money market funds backed by government-issued Treasury Bills. By acting as a blockchain-based transfer agent, Spiko eliminates costly intermediaries, supports 24/7 transfers, and allows seamless movement between fiat and stablecoins. As the first to tokenize money market funds in Europe, Spiko brings transparency, liquidity, and accessibility to the financial system. Series A funding will drive expansion across Europe and accelerate growth in sales, product, and partnerships.