European investment platform Bitpanda achieves unicorn status
Bitpanda, the European investment platform that just recently reached unicorn status at a valuation of $1.2bn.
Over the last seven years, Bitpanda has been working on enabling the public to easily invest in cryptocurrencies, precious metals and digital assets by building a successful investment platform used by millions across Europe.
Bitpanda is opening the door to stocks investing for anybody, giving everyone access to their investments whenever they want. As a fully regulated derivative product, all stocks and ETFs are fully backed by our custody bank partner BNP Paribas, and are also secured through a pledge agreement. Plus, when it comes to being commission-free with tight spreads, Bitpanda has no service charges and no recurring fees.
Eric Demuth, Bitpanda CEO and co-founder commented: “This is a really exciting day for Bitpanda. We founded the company on the idea that everyone would have the same access to the financial world. Investing should be simple, accessible and available to everyone – and that’s what Bitpanda Stocks is about. Historically, the financial system has been too complex and too restrictive. We want everyone to be able to access and manage their portfolios at a time that suits them, not the market. No matter their financial means, everyone should be able to make their money work harder. We even added the new product to our existing Bitpanda Savings feature, allowing people to save up with their preferred asset, without stress or high app usage.”