Finst, a cryptocurrency platform based in Amsterdam, has raised €8 million in a Series A funding round led by Endeit Capital, bringing its total funding to €15 million, which will be used for European expansion and the development of new services.
Information on the target
Finst, a cryptocurrency platform based in Amsterdam, has successfully completed a Series A funding round, raising €8 million. The investment was led by Endeit Capital, with participation from existing investors including Eelko van Kooten and Mark Fransen, co-founder of DEGIRO. With this latest round, Finst has raised a total of €15 million since its inception.
Launched in 2023, Finst has experienced rapid growth, driven by its ultra-low trading fees, maximum security measures, and commitment to full transparency. The platform is nearing 100,000 verified users and processes billions in trading volume annually, achieving operational profitability. The new funding will be utilized for European expansion and the development of new services, including an extensive staking offering, additional digital assets, and tailored solutions for both retail and institutional investors.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry overview in the target’s specific country
The cryptocurrency industry in the Netherlands has seen significant growth in recent years, driven by increasing adoption among both retail and institutional investors. The Dutch government has taken a progressive stance towards cryptocurrency reg
Similar Deals
Endeit Capital
invested in
Finst
in 2023
in a Series A deal
Disclosed details
Transaction Size: $8M
Equity Value: $15M