Austrian Investment Platform Bitpanda Launches Fractional Shares Trading | Fintech Schweiz Digital Finance News – FintechNewsCH
Bitpanda, an Austrian investment platform that just recently attained unicorn status at a valuation of US$ 1.2 billion, has launched a new product called Bitpanda Stocks, which offers investments in fractional shares. Existing and new users with a verified Bitpanda account can invest with as low €1 in fractional shares without service charges or recurring fees 24/7. As a fully regulated derivative product, all stocks and ETFs are fully backed by Bitpanda’s custody bank partner BNP Paribas, and are also secured through a pledge agreement. Bitpanda said that hundreds of assets will be ad...