Observed Signal · Oct 6, 2026 · Funding · Source: Tech.eu (European Tech & Deals) · Impact: 3/5 · Sentiment: Positive
Spiko Raises $90M Series B Led by NEA
Spiko, a provider of tokenised cash funds, has raised $90 million in a Series B funding round led by New Enterprise Associates (NEA), bringing its total funding to $120 million. The round also included participation from Index Ventures, Speedinvest, White Star Capital, and angel investors. Spiko aims to broaden access to yield on cash, targeting the $50 trillion in cash and deposits held in Europe and the US. The company offers regulated cash funds with instant withdrawals, accessible via app and API. It claims to be the world's largest issuer of tokenised cash funds, ahead of BlackRock and Franklin Templeton. The funds are issued onchain, enabling programmatic treasury management. Spiko plans to use the funding to launch new funds, enter new markets, and expand its team across Europe.
This funding round highlights the growing trend of tokenized financial assets, which could impact how cash and treasury management are handled in the digital economy, potentially relevant for advertisers and marketers dealing with digital payments and programmatic transactions.
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Key Takeaways & Evidence Grounding
- Spiko raised $90 million in a Series B round led by New Enterprise Associates (NEA).
- Total funding for Spiko now stands at $120 million.
- The round included participation from Index Ventures, Speedinvest, White Star Capital, and angel investors.
- Spiko claims to be the world's largest issuer of tokenised cash funds, ahead of BlackRock and Franklin Templeton.
- Spiko operates in Paris and London and is expanding teams across Europe.
Connected Companies & Entities
6 Entities mapped“The round was led by New Enterprise Associates (NEA)....”
“The round also included participation from Index Ventures....”
“The round also included participation from Speedinvest....”
“The round also included participation from White Star Capital....”
“Spiko says it has become the world’s largest issuer of tokenised cash funds, ahead of BlackRock and Franklin Templeton....”
“Spiko says it has become the world’s largest issuer of tokenised cash funds, ahead of BlackRock and Franklin Templeton....”
Ontology Mapping & Concepts
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Chift Raises €10.5M Series A for Financial Connectivity
Brussels-based fintech Chift has raised €10.5 million in Series A funding to scale its financial software connectivity platform across Europe and enhance its AI capabilities. The round was led by BlackFin Capital Partners, with participation from existing investors Entourage, Shapers, Seeder Fund, and Wallonie Entreprendre. Founded in 2022, Chift provides a unified API that connects software products to over 120 financial systems, including accounting, invoicing, point-of-sale, e-commerce, payment, and property management. The platform now enables AI agents to access financial data through its Model Context Protocol (MCP) server, handling authentication and access control. The funding will support expansion into major European markets and further AI development.
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