Bitpanda raises $263m at $4.1bn valuation

August 23, 2021


Bitpanda raisesd

European cryptocurrency broker Bitpanda has closed a Series C funding round, raising $263m.

European cryptocurrency broker Bitpanda has closed a Series C funding round, raising $263m.

The round was led by Valar Ventures, owned by PayPal co-founder Peter Thiel. It was joined by billionaire Alan Howard and REDO Ventures, as well as existing investors LeadBlock Partners and Jump Capital.

Bitpanda's valuation has risen to $4.1 billion, and the company will use the funds to expand internationally and scale its business.

Earlier, Bitpanda raised $52 million, which it used to expand its staff and develop new products.

Recall that in March 2021, the brokerage company closed a $170m funding round, which was also led by Valar Ventures.

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Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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