Austrian Crypto Broker Bitpanda Raises $263M In Series C Round Led By Valar Ventures

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Vienna based crypto trading platform Bitpanda raised $263 million in Series C round led by Peter Thiel’s Valar Ventures, bringing the total amount of funds raised by the fintech startup to over $500 milion. The round also witnessed participation of new investors REDO Ventures and British billionaire hedge fund manager Alan Howard, along with existing investors LeadBlock Partners and Jump Capital. The Series C round valued the crypto startup a little north of $4 billion.

Founded in 2014 by Christian Trummer, Eric Demuth and Paul Klanschek, Bitpanda is a digital assets platform used to facilitate the buying and selling of cryptocurrencies.

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