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Bitpanda invests 10 million euros in Poland.Will open the Center for Technology and Innovation in Krakow

Bitpanda invests 10 million euros in Poland.Will open the Center for Technology and Innovation in Krakow

Launched in 2014.In Vienna, Bitpanda is a trade platform and a digital assets exchange, both for novices and experts.Bitpanda currently has 1.2 million users.It enables trade in popular digital assets such as Bitcoin or Ethereum, as well as digital investments in gold and over 30 other digitized assets.Bitpanda works under the supervision of the Austrian Supervision Office - FMA (FinanzmarktaufsichtsBehörde).

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EUR 10 million investments in Krakow

It has now been announced that Bitpanda is planning to invest at least EUR 10 million in Poland to create a technology and innovation center in Krakow.The center is to employ 300 people, which will double the size of the Vienna Bitpanda team, which currently has 280 full -time employees representing nearly 50 nationalities.

Bitpanda inwestuje w Polsce 10 mln euro. Otworzy Centrum Technologii i Innowacji w Krakowie

- Bitpanda specializes in breaking the barriers that stand in the way of investment democratization.We set a direction of development for the industry, so we must be sure that we employ the best specialists in all areas of our activity - says Eric Demuth, co -founder and CEO of Bitpanda in a message.- We focus on the development of truly innovative products, as part of our activity in various European countries.Locating the first BitPanda technology and innovation center in Krakow, a city of the world -class developers, with its lively technological scene, located so close to Vienna, was a clear choice for us.We hope that the center will help us attract talented employees who, together with Bitpanda, will create innovations at the highest, world level.

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The investment at the Center for Technology and Innovation is to contribute to the further expansion of the company.This move was possible thanks to Bitpanda realization in September 2020.Series A financing rounds worth $ 52 million., with the participation of Valar Ventures Peter Thiel and other investors from the fintech industry, such as Speedinvest.

A few days ago, Bitpanda introduced the Polish language version of its services.Earlier, the company entered new markets in France, Spain, Turkey and Italy.

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