Digital investment platform Bitpanda sets up operations in the Nordics

Austrian fintech unicorn Bitpanda continues on its mission to unlock the world of investing as it sets up local operations in the Nordics, with Denmark as the first country to launch.

Danish residents can already open a free Bitpanda account and start investing in minutes, 24/7, in the digital assets of their choice, ranging from cryptocurrencies to commission-free fractional stocks, ETFs or precious metals. Echoing its mission to become the leading investment platform in Europe and beyond, Bitpanda will open up an office in Copenhagen and is currently hiring a Country Manager to build the local team and lead the company’s growth efforts in the region. Bitpanda’s office in the Nordics will host a Country Manager and a lean growth team. Their work will be focused on growth, as they will work to position Bitpanda as the investment platform of choice for all people in the Nordics.

Bitpanda was founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer as a crypto-trading company and has since then evolved into a platform that offers investment options for any budget and risk appetite. More than 3 million people have created an account and trust Bitpanda with their money. Currently valued at $4.1 billion, Bitpanda plans to offer a state-of-the-art trading experience to more than 10 million Europeans.

Eric Demuth, Co-Founder & CEO of Bitpanda said: “We do believe that digital assets and blockchain technology are reinventing what it means to invest, and we’re committed to keep building simple, easy-to-use, and fully regulated financial products for everyone. More than ever, international expansion is a key priority for us and we’re delighted to enter the Nordics region by opening a local office. We’re currently hiring a Country Manager to lead our local growth efforts and we welcome applications from entrepreneurial people that think big, move fast, and want to make an impact from day one.” 

The fintech’s expansion comes just four months after raising $263M in a Series C round led by Valar Ventures. These proceeds are used to strengthen the team and design the organisation for scale, while doubling down on state-of-the-art technology, international expansion and growth.

Headquartered in Vienna, Austria, Bitpanda now has a diverse team of 600+ people who represent more than 50 nationalities, as well as physical tech hubs and offices in 8 cities across Europe, including Vienna, Paris, Berlin, Milan, Barcelona, Krakow, London, Madrid. The company recently announced the opening of its remote-first Blockchain Research & Development hub, focused on uniting talent around Europe to build state-of-the-art technologies that leverage blockchain for the future, and it plans to open new offices in Europe