Bitpanda is a crypto assets platform and is Europe’s leading retail broker for buying and selling cryptocurrencies.
Bitpanda's mission is to tear down the barriers to investing and bring traditional financial products to the 21st century.
Bitpanda was founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. The company is headquartered in Vienna, Vienna, Australia.
Bitpanda's first worldwide product allows crypto-to-crypto trading around the world and fiat-to-crypto trading. The platform offers users the flexibility to invest in a range of products such as fractional stocks, cryptocurrencies and precious metals — from as little as $1.
The Bitpanda Ecosystem Token (BEST) is the Bitpanda coin that offers users a wide range of benefits and perks within the company's ecosystem. Bitpanda has expanded into the B2B market — with a white label platform offering that lets other fintechs and banks offer trading to their own clients.
Bitpanda currently has 3 million users and presence in eight European countries. Users can easily invest (commission-free) in precious metals (like gold) or in any established stock they fancy.
Bitpanda is backed by Valar Ventures, DST Global, Speedinvest, Jump Capital, LeadBlock Partners, FFG, Uniqa Ventures and others. The company raised $263M in Series C round on Aug 17, 2021. This brings Bitpanda's total funding to $546M to date. The new round more than tripled the company's valuation to $4.1B post-money. Bitpanda previously valued $1.2B from a Series B raised in Mar 2021.