spiko.io

Spiko In-Depth Review: A European Treasury Tool That Helps Businesses Earn Daily Interest on Idle Cash

What It Is

Spiko is a France-based fintech platform focused on short-term cash management for companies, holding companies, and freelancers. Its core idea is to invest users’ idle cash in regulated money market funds and Treasury bills, allowing funds that would otherwise earn nothing in a current account to generate daily interest at rates close to risk-free benchmarks.

Key Features by Category

• Service Types and Payments: Spiko offers three main products: Smart Cash, T-Bills, and Cash & Carry. It supports EUR, USD, GBP, and CHF. Deposits and withdrawals are available only via bank transfer, so it cannot be used as an everyday payment tool.
• Compliance and Licensing: Compliance is Spiko’s main moat. The platform is regulated by the French Financial Markets Authority (AMF), its flagship product is UCITS-approved, and it holds an investment firm license with MiFID authorization.
• Fees and Settlement: Taking Spiko Euro as an example, the annual management fee is only 0.23%, with no account-opening, deposit, withdrawal, or custody fees. Displayed yields are net of fees, at around 1.6%-2.2% for EUR and 3.0%-3.6% for USD. Interest is settled daily and automatically reinvested. Withdrawal liquidity is excellent: business users can receive up to €100,000 per day instantly, while larger amounts or personal accounts are processed on a T+0/T+1 basis.
• Risk Control: Funds are strictly segregated and never appear on Spiko’s balance sheet. Instead, they are held in custody by top-tier institutions such as Crédit Agricole, with investments limited to risk-free assets. At the system level, Spiko supports 2FA and four-eyes approval workflows.
• API and Integrations: Spiko provides comprehensive API documentation and supports integrations with major European accounting platforms such as Pennylane, making it easier to export reports and reconcile accounts with accountants.

Pricing

Spiko uses a very simple pricing model: it charges only a 0.23% annual management fee, calculated daily, with no other hidden fees.

Pros and Cons

Pros: Very high liquidity with no lock-up period; transparent and low fees; strong compliance and fund segregation mechanisms; friendly integrations with accounting software.
Cons: Bank transfers only, with no direct payment functionality; the service is mainly focused on the European market; yields fluctuate with central bank policy.

Who It’s For

Spiko is suitable for startups, SMEs, holding companies, and freelancers in Europe. It is especially useful for CFOs and founders who have short-term idle cash and high liquidity requirements.

Access from China

The website is directly accessible from China, but the service is subject to European regulatory restrictions. Chinese entities or individuals must meet local AML and compliance requirements to open an account, and CNY is not supported. For Chinese companies expanding into Europe, Spiko can serve as a local treasury management tool. For businesses focused purely on the domestic Chinese market, alternatives may include corporate daily wealth-management products from Chinese banks or cross-border treasury management platforms such as Qfin.