The total number of unicorns around the world is erupting! With the transformation into a neobroker, Bitpanda is setting new standards in Europe. The Austrian fintech just got closer to their big goal of being a ‘global player’ with their latest $170 million (nearly £122.5 million) Series B funding.
With this, it became one of Europe’s largest-ever capital raises at the Series B stage and marks Bitpanda out as the country’s first “unicorn” – a firm worth over $1 billion.
The funding round was led by Valar Ventures along with participation from the partners of DST Global. This round comes just six months after the Series A funding of $52 million (nearly £37.5 million). Notably, the company achieved unicorn status with a valuation of $1.2 billion (nearly £0.9 billion)....