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Bitpanda launches in Spain

Source: Bitpanda

Bitpanda, the leading European digital investment platform, officially arrives in Spain.

Starting today, Spanish users can set up a Bitpanda account within minutes via web and app fully in Spanish and start investing with a minimum of one euro.

Founded in 2014 in Austria with a vision to accelerate the transition to a tokenised world, Bitpanda provides new users with the easiest and fastest access to the world of over 30 digital assets form cryptocurrencies as bitcoin to precious metals as gold, while giving experienced users full control over their portfolio.

The fintech has managed to attract 1.2 million users all around Europe, whilst leading the industry with regulatory compliance. In March alone, Bitpanda recorded €200 million in trade volume and €3 million in net revenue. The trade volume has grown by 200% year-over-year.

Eric Demuth, Co-CEO and Founder of Bitpanda said “Spain is a country we have been looking forward for years. For Bitpanda, landing in this country is a great opportunity, with thousands of already registered users, who, despite not having the service in their mother tongue, carry out all kinds of operations on a daily basis. Our arrival in Spain is a boost to this market and will allow us to offer a more complete and personalized service to our Spanish users”.

In each market, compliance standards are fully in accordance with the latest financial regulations, including the recently introduced AML5. With a PSD2 payment service provider license, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular investment platform for newbies and experts alike.

Prior to the launch in Spain, the private investment company, headquartered in Vienna (Austria) had successfully launched in France on May and Turkey is planned for August, “Our goal for the next several years is become Europe’s leading neobroker by adding stocks and ETFs and giving everyone in the world access to the financial market”, adds Demuth.

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