Spiko secures €80 million Series B to make idle business cash earn yield
Spiko, a tokenised cash fund platform based in Paris and London, raised €80.03 million ($90 million) in a Series B round led by New Enterprise Associates, announced in October 2026. Paul-Adrien Hyppolite and Antoine Michon founded the company in 2023. It now manages more than €2.4 billion, a more than fivefold rise in twelve months, for over 10,000 businesses and individuals.
Spiko's pitch is about money that leaks out, not money that comes in. The company estimates that Europe and the United States hold about €44.4 trillion in cash earning little. Each percentage point of yield on that sum, about €444.6 billion a year, goes mostly to banks. For startups, venture funds and medical practices, automated treasury rules aim to end that quiet transfer.
Source: EU-Startups · October 6, 2026