Bitpanda, an Austrian investment platform that just recently attained unicorn status at a valuation of US$ 1.2 billion, has launched a new product called Bitpanda Stocks, which offers investments in fractional shares.
Existing and new users with a verified Bitpanda account can invest with as low €1 in fractional shares without service charges or recurring fees 24/7.
As a fully regulated derivative product, all stocks and ETFs are fully backed by Bitpanda’s custody bank partner BNP Paribas, and are also secured through a pledge agreement.
Bitpanda said that hundreds of assets will be added continuously in the next months and in order of investor demand, covering both the stock and ETF markets and offering thousands of brands more by the end of this year.
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Unicorn: Bitpanda Raises $170 Billion Series B Led by Valar Ventures, Plans to Expand Beyond Crypto-Assets into ETFs, Shares and More
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 led by Valar Ventures, with participation from the partners of DST Global.
It was just 6 months ago that Bitpanda raised $52 million in a Series A round and since that time its number of users have jumped from 1.3 million to over 2 million users.
Click HERE to find out ⭐ Bitpanda Joins Forces With Contis to Launch New Visa Debit Card. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Contis and Bitpanda issue multi-asset debit card finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.