Spiko

"We already trust Spiko with our EUR cash. But our treasury has FX exposure across four currencies and three subsidiaries, can you help with that too?" We hear a version of this question constantly, and it points to something we've started to notice over the past few months: CFOs and treasurers aren't one audience, they're at least two. Some just want their cash to earn yield with zero extra work: no new process, no additional clicks, one less thing to think about. Others run more complex treasury operations: multiple currencies, FX exposure, hedging, several jurisdictions, cash pooling, different access levels across finance teams. Building one platform that serves both well isn't a sales problem. It's a product problem. That's why we’re thrilled to welcome Prasaad Cojandé to Spiko as Founding Product Manager. Prasaad's mandate has two parts. First, make Spiko completely no-brainer for CFOs with simple needs: the kind of experience where earning yield on idle cash requires no thought at all. Second, progressively build the reference platform for CFOs with complex needs, across multi-currency support, FX, hedging, multi-jurisdiction structures, cash pooling, and multi-user roles. Both matter equally. A platform built only for simple cases loses its best customers as they grow. A platform built only for complexity loses everyone else on day one. More yield. Less hassle. Welcome, Prasaad!

𝒀𝒐𝒖 𝒄𝒂𝒏 𝒏𝒐𝒘 𝒃𝒐𝒓𝒓𝒐𝒘 𝒆𝒖𝒓𝒐𝒔 𝒂𝒈𝒂𝒊𝒏𝒔𝒕 𝒚𝒐𝒖𝒓 𝑺𝑨𝑭𝑶 𝒔𝒉𝒂𝒓𝒆𝒔, 𝒊𝒏𝒔𝒕𝒂𝒏𝒕𝒍𝒚 𝒂𝒏𝒅 𝒂𝒓𝒐𝒖𝒏𝒅 𝒕𝒉𝒆 𝒄𝒍𝒐𝒄𝒌, 𝒘𝒊𝒕𝒉𝒐𝒖𝒕 𝒔𝒆𝒍𝒍𝒊𝒏𝒈 𝒕𝒉𝒆𝒎. Four months after launch, SAFO, our latest treasury product with Amundi, has crossed $1B in assets under management with over 6,500 unique holders. Today, its shares take on a new role: 𝐜𝐨𝐥𝐥𝐚𝐭𝐞𝐫𝐚𝐥. SAFO holders can now pledge their shares to borrow EUR CoinVertible, Societe Generale - FORGE's MiCA-compliant euro stablecoin, instantly and 24/7, drawing on deep, readily available liquidity. The lending/borrowing market runs on Morpho and is operated and funded by Steakhouse Financial. This is Lombard lending, borrowing against high-quality assets instead of selling them, reimagined for Internet-native finance. Until now, it was reserved for large institutions and private banking clients. On open infrastructure, it works for every holder, with no intermediary and no appointment needed. Concretely, what does this make possible? - Access instant liquidity, at significant size, at any time, without being subject to the fund's usual redemption cut-off times. - When borrowing conditions are favorable, borrow money to reinvest in the fund and increase your yield. A key piece of this launch: Chainlink Labs publishes the fund's net asset value onchain. The exact value computed by the fund administrator, CACEIS, is the one used to price collateral. A regulated fund whose value can be read by any application becomes a building block others can build on. 💡 Tokenized funds as collateral. Stablecoins as liquidity. Official NAVs onchain. 24/7. 👉 Full details in our blog post shared in the comments.

𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥𝐬 𝐨𝐧 𝐒𝐩𝐢𝐤𝐨 𝐣𝐮𝐬𝐭 𝐠𝐨𝐭 𝐚 𝐦𝐚𝐣𝐨𝐫 𝐮𝐩𝐠𝐫𝐚𝐝𝐞. A year ago, we launched 𝐢𝐧𝐬𝐭𝐚𝐧𝐭 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥𝐬 from our money market funds. It's become one of our most-loved features, with nearly €200M withdrawn instantly since then. Today, we're going further: 📈 Cap up from €100K to €500K 🔄 Resets daily, weekends and public holidays included 🏢 Open to all types of legal entities, no restrictions 🙋 Now available to individuals too 🌍 Live in every country where we operate Euros only for now; other currencies are in the works. Your cash should always earn interest and stay available whenever you need it. Today's upgrade makes that promise stronger.

I've joined Spiko as Head of Financial Instruments. Spiko is building what I believe treasury management should look like: fully regulated funds, accessible from the first euro/dollar/pound (you name it), with the operational simplicity of modern fintech and the settlement rails of tomorrow. In just two years Spiko already changed the game for short-term cash: the team has crossed $2bn in assets under management and become the largest tokenized money market fund platform globally by number of users and daily activity. Yet trillions of corporate and household cash still sit idle. The longer-term cash market, money companies won't touch for a year or more, remains largely unserved. Giving every company access to instruments still too often reserved for the largest institutions is the challenge that brought me here. I'll be focused on designing and launching a new generation of treasury products: from overnight to multi-year, from the most conservative profiles to those ready to take measured risk, smarter ways to put cash to work at every step. More to announce very soon 🚀 Grateful to Paul-Adrien and Antoine for bringing me on board. If you're rethinking how your company manages its cash or interested in building with us, please reach out! Paul-Adrien Antoine Xenia Paul-Armand Victor Prasaad Victor Nicolas Pierre Alexis Achille Nicolas Imrane Carolina Nicolas Pierre Katia Matteo Agnès Alexandre Antoine Gaston

CFOs and treasurers often ask us a version of the same question: I've parked my short- to medium-term cash in your products, but what about the rest? Money we won't need for a year, sometimes more. Can we earn more by locking part of it away, or taking on a reasonable amount of risk? Until now, our answer was simple: most offers on the market weren't worth the trade-off in hassle or risk. Today, that’s changing. We think we can shake up the longer-term cash market the same way we've done for the short term. We're building the range that covers all of it: a full suite of treasury products spanning every time horizon and every risk tolerance, so any CFO, any treasurer, any saver can find the product that actually matches their objectives and constraints. • Different horizons, from instant to longer-term • Different risk appetites, always with full transparency on what backs the yield • Always the best possible rates, on a constantly improving platform (UI + API) I'm particularly excited about who's leading this: Paul Heron just joined Spiko as 𝐻𝑒𝑎𝑑 𝑜𝑓 𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝐼𝑛𝑠𝑡𝑟𝑢𝑚𝑒𝑛𝑡𝑠, coming from Goldman Sachs. Leaving Goldman for a three-year-old company is not a common move. It tells you something about how Paul sees where this space is going, and it tells you something about the ambition we have for what comes next. He's exactly the person you want designing and shipping the next generation of products that make cash work harder. Welcome, Paul! We're lucky to have you. If you have product ideas to share, if you want to partner with us, and of course if you want the best yields on the cash you're reluctant to call 'idle,' please reach out 🙌

New on our tech blog 🤓 We've recently brought Spiko's tokenized funds to Solana, one of the industry's highest-throughput networks. Making a regulated fund behave correctly here required a different way of thinking. On EVM, we write our own token contract and compliance runs as code on every transfer. On Solana, there's no contract to write at all: you compose the token from Token-2022's standard extensions. Compliance becomes state: an account is frozen by default, and can only transfer once it's been cleared by an allowlist check. Nicolas, Tech Lead at Spiko, walks through the full breakdown on our blog: https://lnkd.in/ehM_zFhM

Spiko is now live inside Ramify, the digital alternative to private banking. Ramify users can now earn 2.51% net¹ on their euros, with interest accruing daily, without leaving the app. Powered by the 𝐒𝐩𝐢𝐤𝐨 𝐀𝐏𝐈. ¹ As of 9 July 2026, via Spiko Smart Cash. Rate varies with €STR.

Founders keep asking me the same thing: what should we do with the cash our customers hold? Can we offer them yield? Until now, my honest answer was: it's hard. You'd need a MiFID license, fund partnerships, and years of compliance build-out. Today the answer changes. 𝐒𝐩𝐢𝐤𝐨 𝐄𝐦𝐛𝐞𝐝𝐝𝐞𝐝 is live. Our conviction is simple: yield shouldn't only be accessible in a separate app. It should be available wherever idle cash sits and wherever people already make their financial decisions. With Spiko Embedded, any platform can offer our regulated cash products natively: 💰 Top-of-market yield 📱 Your app, your brand, your UX 🏛️ Backed by our license, fund operations and infrastructure ⚡ Live in weeks, not years Demand is already proven: over €500m of our AUM – a quarter of the total – already comes through distribution partners. Embedded makes that available to everyone, through a single integration. I'm especially excited about who's leading it: we brought Xenia Boulamatsis onboard to head our embedded product. At Trade Republic, she built the savings and cash business, launching leading yield offer and bringing it to over 10 million users across Europe. She knows better than almost anyone what happens when you put great cash products where people already are. That's exactly what we're building together at Spiko. Welcome, Xenia! We're lucky to have you. And if your customers hold idle cash on your platform, let's talk!

Spiko just crossed $2.0B in assets under management. It took us 18 months to reach the first $1.0B, and just 4 months to reach the second. Powered by growing demand across France, Spain, and beyond. On to the next one 🚀

June in numbers: €1.71B AUM, +3,464 new users, €3.2M in interest accrued. Double digit user growth across 6 European markets, with Spain 🇪🇸 leading the way. France 🇫🇷, Belgium 🇧🇪, UK 🇬🇧, Netherlands 🇳🇱, and Germany 🇩🇪 close behind. European businesses are choosing Spiko.