Bitpanda Raises $263 Million in Series C Funding

Fazzaco learned that Bitpanda, a cryptocurrency trading platform, has raised $263 million in a Series C funding round, which was led by Valar Ventures with participation from Alan Howard and REDO Ventures, as well as existing investors LeadBlock Partners and Jump Capital.

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​Eric Demuth, Co-Founder and CEO of Bitpanda, said: "We wouldn't be here today without the efforts of our talented team members who are constantly rolling up their sleeves to make things happen. I am grateful to share our journey with these incredible folks – our Bitpanda team of more than 500 people with a diverse mix of 50 nationalities. They are the engine fueling our growth, and I am thankful to each and every one of them for being part of this journey."

Founded in 2014, Bitpanda is a Vienna-based brokerage firm that lets people buy and sell cryptocurrencies and precious metals. The company also began testing a service this year that lets users trade stocks around the clock.

In December 2020, Fazzaco reported that Bitpanda registered with the Autorité des marchés financiers (AMF)​ and therefore, be regulated in France.