Bitpanda

A platform for trading digital assets and physical commodities

Basics

• Founded in 2014
• Based in Vienna
• Broker
• Verification needed
• Eurozone only

Products

Bitpanda Pro rebranded to One Trading & raised a $33M Series A (28-6-2023)

Team, Funding

Team

• Eric Demuth and Paul Klanschek; CEOs
• Said it’s going to fire about 270 employees (5-7-2022).

Funding

• From CoinDesk (29-9-2020):

"Announced the completion of a $52 million Series A led by PayPal legend Peter Thiel’s Valar Ventures. This fundraising round, plus a seed round in 2016 and an initial exchange offering in 2019, means the 240-employee company raised roughly $100 million to date, according to the team."

• From Decrypt (16-3-2021):

"Crypto broker Bitpanda has closed a $170 million Series B funding round. Reaching a valuation of $1.2 billion, it's now Austria's first "unicorn," the firm noted."

• Bitpanda announced a $263M funding round valuing the crypto broker at $4.1B (18-8-2021).