Spiko’s fintech to Paris, helps businesses acquire Inte Inte Inte Inte Inte Inte through government-issued securities, you raise $22 million in a series to raise capital from Index Ventures.

Founded in 2023 by former French government advisers Antoine Michon and Paul-Adrien Hyppolite, Spiko enables smaller companies to withdraw returns from their funds filter Report.

This round also received support from a group of outstanding angel investors, including revolution CEO Nik Storonsky, Wise CTO Harsh Sinha, and all seven co-founders of French Software Unicorn Pennylane.

Other participating investors include White Star Capital, Frst, Rerail, Bpifrance and Blockwall.

Spiko’s model is based on the premise that American history outperforms Europe in liquidity, how assets quickly convert to cash is largely due to a deeper capital market and a more unified regulatory landscape.

By contrast, Europe remains dispersed by state-specific laws and banking.

The startup aims to close the gap by making it easier for small businesses to obtain interest on low-risk assets such as Treasury bills (T-Bills), which are short-term debt securities issued by the government in the EU and the US.

Fund stocks are symbolically and remembered in the blockchain ledger and can be transferred through Stablcoins. Customers can top up the digital currency and exit in Fiat or the other way around.

By simplifying access to T-Bills, Spiko allows smaller European companies to unlock liquidity and improve returns.

The company charges an annual management fee of 0.25% for deposit funds.

“In Europe, there is a false belief that your money won’t make money unless you lock it in or take risks.”

Speaking of hydrogen.

“But sitting on IDELE cash means European businesses miss out on returns that U.S. competitors often receive.”

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