In 2015 the Vienna start-up Coinimal, with its bitcoin platform BitPanda, was regarded as the world’s first Bitcoin dealer to get a collaboration with the payer Neteller. An interesting partnership, probably as Neteller’s first advance into the crypto area. “This was preceded by monthly negotiations,” says founder and CEO Eric Demuth. “I think that Neteller has decided to start this project with us, because we are the most mature, most serious bitcoin gateway, and our compliance is top notch,” commented Coinimal’s second CEO, Paul Klanschek.

“We founded BitPanda in 2014 and currently account for over 200,000 users and reach an expected total transaction volume of well over 100 million euros by the end of the year,” explains Demuth, making BitPanda one of the largest bitcoin platforms in Europe, based in the 7th district of Vienna “Digital currencies such as bitcoins or ethereum, as a modern and secure currency system, will become central points in our daily lives, but absolutely not in direct conflict with classical currencies,” Demuth is convinced.

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