News

Bux raises USD 80 mln in funding round

Friday 23 April 2021 14:03 CET | News

Bux – a Netherlands-based startup that lets people invest in shares and exchange-traded funds (ETFs) without paying commissions – has picked up some investment of its own, an USD 80 million round that it will be using to grow its business.

The funding is coming from a group of investors, jointly led by Prosus Ventures and Tencent, it also included ABN Amro Ventures, Citius, Optiver, and Endeit Capital – all new investors – as well as previous backers HV Capital and Velocity Capital Fintech Ventures.

The startup has around 500,000 customers across the Netherlands, Germany, Austria, France, and Belgium, using not just its main Bux Zero app, but also Bux Crypto and Bux X (a contracts for difference [CFDs] app).


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: funding, expansion, startup, fintech, cryptocurrency
Categories: Banking & Fintech
Companies:
Countries: Netherlands
This article is part of category

Banking & Fintech






Industry Events