Spiko

About Spiko

Spiko is a cash management service for companies and individuals, offering accounts in euro, US dollar, British pound, and Swiss franc. The site says accounts can be opened in under 5 minutes, are free, and provide daily net-of-fees yield accrued and paid by banking counterparty BNP Paribas, with access to cash through instant or standard withdrawals. Products include Smart Cash, government money market funds such as Spiko T-Bills for regulated activities including client fund segregation, and Spiko Cash & Carry arbitrage strategies that involve some volatility.

Spiko states it is regulated under EU rules, that its flagship products are UCITS approved by French regulatory authorities, and that it is a MiFID-authorized investment firm in France licensed for brokerage. It says funds are never on Spiko's balance sheet and are either invested in Treasury bills or backed by large banks, with real-time transparency of exposures. The platform offers API documentation and access controls including multiple access levels, 2FA, and an optional four-eyes approval mode for sensitive actions such as withdrawals. Regulatory and licensing details are France and EU specific, yields are not fixed, and the arbitrage product carries volatility.

Key features

• Cash management accounts with daily net-of-fees yield paid by banking counterparty
• Multi-currency balances in euro, dollar, pound, and Swiss franc
• Instant and standard withdrawal options for accessing cash
• Government money market funds and T-bill products for client fund segregation
• Cash & Carry arbitrage strategies that involve some volatility
• Access controls with multiple levels, 2FA, and optional four-eyes approvals

Spiko at a glance