Bitpanda, the most important European platform for buying and selling digital assets, closed 2024 with financial results never achieved before. The company, founded in Vienna in 2014, announced an operating revenue of 393 million euros, more than doubled compared to the previous year. This milestone marks the best year in the company’s history, laying solid foundations for further expansion in Europe and beyond.
The most surprising data concerns the adjusted EBITDA, which has grown more than fivefold, bringing the EBITDA margin above 30%. A result that demonstrates not only the ability to generate profits but also the sustainability and scalability of Bitpanda’s business model.
The words of leadership: a future of growth and innovation
Eric Demuth, CEO and co-founder of Bitpanda, emphasized how 2024 was “the strongest year ever, both in terms of results and financial performance.” Demuth highlighted the company’s ability to thrive in every market cycle, thanks to a strategy focused on regulation, security, and user experience. “2025 will be a decisive year for the crypto sector”, he stated, emphasizing how market adoption and the regulatory framework have never been so favorable.
Lukas Enzersdorfer-Konrad, Deputy CEO, added:
“We have climbed new markets, surpassed the boundaries of retail, and now we support the digital asset strategies of the most respected financial institutions in Europe. All this while maintaining profitability and planning for the long term.”
Expansion and strategic partnerships
The growth of Bitpanda in 2024 was driven by a continuous expansion in major European markets and constant investments in the range of assets, user experience, and security and regulatory standards. The focus on regulatory compliance is a pillar of the business strategy: all revenues come from regulated markets and products, strengthening the trust of users and institutions.
Today Bitpanda is chosen by over 7 million users and offers one of the widest selections of digital assets in Europe, with more than 3,200 instruments, including over 650 cryptocurrencies. This makes it the platform with the largest crypto offering on the continent.
Another key element of growth has been the strengthening of partnerships with leading financial institutions. In 2024, Bitpanda consolidated collaborations with LBBW, Raiffeisen, N26 and acquired new institutional partners such as Deutsche Bank and the National Bank of Ras-Al-Khaimah in the United Arab Emirates. These alliances expand access to digital assets and position Bitpanda as a reference point for the institutional segment as well.
Licenses, regulation, and new market opportunities
Looking to the future, Bitpanda has already obtained several MiCAR licenses and FCA approval to enter the UK market. This step paves the way for potential expansion towards over 500 million people across Europe.
The stated goal for the near future is clear: expand in the EU and the United Kingdom in full compliance with regulations, consolidate European leadership, localize the offering in regions with the highest growth rate, scale proprietary technological solutions towards new international markets, and lead the next wave of innovation in the digital asset sector.
Bitpanda: a model of security and reliability
Founded in Vienna, Bitpanda has established itself as an Austrian fintech unicorn and a go-to platform for those looking to invest in digital assets. The offering includes over 3,200 digital assets, including more than 600 crypto assets, stocks, ETFs, precious metals, and commodities. The company boasts a solid reputation for security and collaboration with local authorities, making it one of the most secure and regulated trading platforms in the industry.
In addition to the headquarters in Vienna, Bitpanda is present with offices in Barcelona, Berlin, Bucharest, Dubai, London, Malta, Milan, and Zurich, demonstrating an international vocation and a strategy of widespread growth.
An ambitious vision for the future of digital assets
The year 2024 marked a turning point for Bitpanda, which now looks to the future with an ambitious vision: consolidating its position as a leader in Europe, expanding into new markets, and continuing to innovate in the digital asset sector. The combination of financial solidity, focus on regulation, and ability to forge strategic partnerships places Bitpanda in a privileged position to lead the next phase of growth in the crypto sector.
With record financial results, a constantly growing user base, and a reputation for reliability, Bitpanda confirms itself as one of the most dynamic and promising players in the European digital asset ecosystem.