Thiel's Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based Bitpanda's valuation has shot up to $4.1 billion, three times its value during the crypto broker's last private funding round in March. Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures. Raising $263 million, and drawing in new investments from British billionaire hedge fund manager Alan Howard and REDO Ventures, the company is now valued at $4.1 billion. That’s three times its last valuation at $1.2 billion for its $170 million raise in March of this year. Bitpanda has now raised close to $500....
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With $100 million raised to date, crypto brokerage Bitpanda will be "Europe's next fintech unicorn," says lead investor Valar Ventures.
The funding round was led by Valar Ventures and partners from DST Global. Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm's international growth.The latest Series B funding round was led by Valar Ventures, a venture capital firm backed by PayPal co-founder Peter Thiel, Bitpanda announced on Tuesday, and featured partners from Yuri Milner’s investment firm DST Global, which is known as a major investor in American crypto-friendly stock trading app Robinhood. While DST is a new investor in Bitpanda, Valar previously led a $52 million....
Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall valuation of $4.1 billion. Crypto Unicorn Bitpanda Is Now Valued at $4.1 Billion After Capital Raise Digital investment platform Bitpanda revealed on August 17 that the company raised $263 million in a Series C investment round. The Austrian fintech unicorn is now valued at $4.1 billion, which....
Bitpanda GmbH, the Vienna-based crypto trading platform backed by billionaire investor and PayPal co-founder Peter Thiel, is reportedly considering a range of strategic options, including a potential initial public offering (IPO) in Frankfurt. According to a Bloomberg report, the company is currently in discussions with major financial institutions such as Citigroup Inc. and JPMorgan Chase […]
Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding round. The capital raise, which is Yellow Card’s largest, was led by Valar Ventures, Third Prime, and Castle Island Ventures. Square, Coinbase Ventures, and Blockchain.com Ventures also participated in the round.
Making Cryptocurrencies Accessible
According to the exchange platform’s blog post, part of the funds raised will be used to “ramp up hiring and continue its expansion across the continent.” On the other hand,....