German Banking Titan Backs Bitcoin Financial Service with €2.1 Million

German Banking Titan Backs Bitcoin Financial Service with €2.1 Million

FIOR Digital GmbH, the company behind 21bitcoin, one of Europe’s leading Bitcoin platforms, has announced that it has secured a €2.1 million financing round, with the funding being provided by Volksbank Raiffeisenbank Bayern Mitte eG, one of Germany’s most established banks, according to a press release sent to Bitcoin Magazine.
“We are investing in this company because it has the potential to revolutionize the industry and become a lasting market leader” said Andreas Streb, board member and managing director of Volksbank Raiffeisenbank Bayern Mitte. “21bitcoin has succeeded in attracting a generation of customers in Europe with a platform for Bitcoin that is significantly different from the incumbents’ offerings – simpler, more humane and with a user experience that gives customers the experience they want.”
The additional capital injection will be directed towards expanding market presence, diversifying the product range, and growing its team. Notably, 21bitcoin aims to b

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