Bitpanda Raises 263$ Million in Series C Finance Round Firm Aims to Double Down on Technology

Bitpanda a digital investing platform said on August 17 that it has raised 263$ million in a Series C funding round. The Austrian fintech startup is now valued at 4.1$ billion more than three times its prior private estimate of 1.2$ billion.The money will be used to strengthen the team double down on technology and expand internationally according to Bitpanda. The Series C was signed this month according to Bitpanda and will need to be cleared by the Austrian Financial Market Authority (FMA).