Tagged: eric demuth

Digital Assets: LeadBlock Bitpanda Ventures to Focus on Providing Capital to High-Potential Initiatives

Eric Demuth, CEO at Bitpanda, reveals that they’re launching LeadBlock Bitpanda Ventures (focused on Venture Capital and Private Equity Principals). When the team first created Bitpanda, there wasn’t much help available to them. There also wasn’t enough funding and there wasn’t expertise they could draw… Read More

European Fintech Bitpanda Improves Savings Strategies with High-Yield Returns, 24/7 Availability for EUR, GBP, USD

Bitpanda Cash Plus is described as a new way for the community “to earn 2.57% yield and even more on their cash, and another big step towards our goal of simplifying wealth creation for everyone.” As explained in a blog post, Bitpanda Cash Plus claims… Read More

Bitpanda Technology Solutions Introduces SaaS Product for Banks, Fintechs

Bitpanda, the European digital asset platform, is pleased to announce the launch of Bitpanda Technology Solutions, the “scalable” Investing-as a-service infrastructure available in Europe and globally. Already serving 20+ million customers with its initial White Label API, Bitpanda Technologies Solution is now “adding features, asset… Read More

KPMG Report: Digital Asset Funds Held in Bitpanda’s Cold Storage Exceed Customer Holdings

Accounting firm KPMG has signed off that Bitpanda’s funds “exceed customer holdings following a special review held in light of the recent FTX collapse.” Bitpanda is in active exchange with the Austrian Financial Market Authority (FMA), which regularly “audits the company.” However, this “extraordinary,” additional… Read More

Austrian Fintech Bitpanda and France’s Super App Lydia to Offer Clients Access to Crypto-Assets

Austrian Fintech firm Bitpanda and France’s mobile financial services Super-App provider, Lydia, are teaming up to provide Lydia’s 5.5 million clients with access to investing in crypto-assets. Lydia will reportedly be using Bitpanda’s white-label solution, which is an API-powered infrastructure that allows Fintech platforms and… Read More

Digital Investment Platform Bitpanda Finalizes $263M Series C at $4.1B Valuation

The beginning of 2021 marked a key milestone moment for Bitpanda, as the digital investment platform achieved Unicorn status. Bitpanda notably became the very first Austrian firm to exceed the billion-dollar valuation mark. It took them around 7 years to go from 0 to a… Read More

Unicorn: Bitpanda Raises $170 Billion Series B Led by Valar Ventures, Plans to Expand Beyond Crypto-Assets into ETFs, Shares and More

Digital investment platform Bitpanda has raised $170 million in a Series B funding giving the company a $1.2 billion valuation making it Austria’s first unicorn. The Vienna-based company says the round is one of the largest Series B investments ever in Europe. The round was… Read More

ECB President Christine Lagarde Wants Global Regulation of Bitcoin Due to Money Laundering Concerns, FATF Plans Update on Implementation of VASP Rules

Last week, Christine Lagarde, the President of the European Central Bank (ECB) commented on the need to regulate Bitcoin on a global level last week during a virtual event hosted by Reuters. Speaking at the Reuters Next conference, Lagarde pointed to the “funny business” affiliated… Read More

Austria based Digital Asset Exchange Bitpanda to Hire 300 New Workers and Establish Hub in Poland

Austria-based digital asset exchange Bitpanda has announced that it will be allocating €10 million in capital toward the development of a technology and innovation hub based in Poland, which will employ 300 additional staff members. Based in Krakow, the new hub is expected to effectively… Read More

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