Bitpanda announced record revenues of €393 million in 2024, more than doubling last year's performance. The company is targeting expansion into the UK and other European markets.
Bitpanda's Record Revenue
The Vienna-based fintech company, Bitpanda, achieved record profitability in 2024, with revenues reaching **€393 million**. CEO Eric Demuth stated that the focus on regulation and user experience played a key role in achieving these results. **“2024 is our strongest year ever, both in terms of results and financial performance,”** he emphasized.
Plans for European Market Expansion
Bitpanda aims to expand its presence in the UK and other European markets, further solidifying its position in the region. It is noteworthy that the company has secured approval for the UK market.
Impact of Partnerships and Regulation
Strategic partnerships, including collaborations with institutions such as Raiffeisen Bank and N26, significantly enhance service offerings for millions of users. A focus on security and regulation also bolsters confidence among European consumers and regulators.
Bitpanda's 2024 results and its plans for expansion in European markets underscore the success of the company’s strategy. With industry trends in mind, 2025 will be pivotal for the company and the broader cryptocurrency sector.
