Dutch crypto platform Finst raises €8 million to support European expansion
Amsterdam-based cryptocurrency platform Finst has secured €8 million in Series A funding, marking a significant step toward expanding its services across Europe. This investment, led by Endeit Capital and supported by existing investors, underscores the growing interest in regulated crypto platforms within the European market and their potential for growth. Finst's success aligns with a broader trend of investment in the crypto and digital asset sectors across the continent. The funding round brings Finst's total funding to €15 million and will be used to accelerate the development of new products and services. Finst, founded in 2023 by ex-DEGIRO team members, provides a range of crypto services, including trading, custody, staking, and fiat on/off-ramps. The platform, approaching 100,000 verified users, has also scaled revenue approximately 14 times in three years while maintaining operational profitability. This expansion aligns with Finst's mission to make crypto investing safer, fairer, and more transparent, addressing the high fees and opaque practices prevalent in the crypto industry. The company plans to broaden its staking coverage, expand asset selection, and introduce new platform features for retail and professional users. This development will allow Finst to expand into multiple EU markets following the approval of its MiCA license. Finst's funding is part of a larger trend, including recent investments in other European crypto and digital-asset platforms, such as Deblock (€30 million), Bitstack (€12.9 million), Tangany (€10 million), and Agio Ratings (€5 million). These investments highlight the increasing maturity of the European crypto ecosystem.
Curated and translated by Europe Digital for our multilingual European audience.
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