Finst, one of the Netherlands’ leading regulated cryptocurrency platforms, has raised €8 million in Series A funding led by Endeit Capital, with participation from existing investors such as Eelko van Kooten (founder Spinnin’ Records) and DEGIRO co-founder Mark Fransen. This increases the company’s total funding to €15 million.
Accelerating Growth With a MiCAR-First Strategy
Finst, which launched in 2023, has quickly become one of Europe’s fastest-growing cryptocurrency investing platforms, thanks to its unique offering that focuses on ultra-low fees, maximum safety, and complete transparency. The company is now approaching 100,000 verified users, processes several billion euros in trading volume per year, and has scaled revenue ≈14× in three years, all while remaining operationally profitable.
This momentum is bolstered by Finst’s acquisition of competitor Anycoin Direct in 2024, as well as the recent approval of its MICAR licence by the Dutch Authority for the Financial Markets (AFM), paving the way for expansion into multiple EU markets.
A Mission to Make Crypto Investing Fairer
Finst was founded to challenge the high trading fees and opaque practices that have long dominated the cryptocurrency industry and are still the norm on most incumbent platforms. Finst offers institutional-grade security, one of the broadest EUR-denominated crypto coverages in Europe, and ultra-low trading fees of 0.15% without added spread or hidden costs.
“Our mission has been clear from day one: to make crypto investing safer, fairer and radically more transparent. With this Series A funding, we’re ready to bring that mission to every major European market.” said Julien Vallet, Co-founder and CEO of Finst.
Fuelling Expansion and New Product Development
The funding will support Finst’s rollout throughout Europe and accelerate the development of new products and services, such as:
- Broader staking coverage with market-leading interest rates
- Expanded asset selection and new platform features
- Additional product lines for both retail and professional users
Finst also intends to expand its institutional offering by developing advanced solutions for financial institutions, fintechs, asset managers, and corporations seeking regulated digital-asset exposure through a leading cryptocurrency broker and custodian.
“We’re delighted to welcome Endeit as a strategic investor who strongly supports our mission and vision. Together with their extensive network and expertise, we look forward to democratizing access to digital assets services and helping European investors save tens of millions of euros in unnecessary fees every year.” added Julien Vallet.
“Finst has shown exceptional execution and product innovation in a highly regulated market. Their MiCAR-first approach and focus on transparency align perfectly with our belief that Europe can lead the next phase of regulated digital-finance growth,” said Jonne de Leeuw, Partner at Endeit Capital. “We’re proud to partner with Julien and his team as they scale their category-defining trading platform across Europe.”
About Finst
Finst is a leading cryptocurrency platform in the Netherlands, providing ultra-low trading fees, institutional-grade security, and a comprehensive suite of crypto services such as trading, custody, staking, and fiat on/off-ramp. Finst, founded by DEGIRO’s ex-core team, is authorized as a crypto-asset service provider by the Dutch Authority for Financial Markets (AFM) and serves both retail and institutional clients in 30 European countries.
Key features:
- Access to 340+ tradable cryptocurrencies and more than 115,000 trading pairs through crypto-to-EUR and crypto-to-crypto trading
- Free EUR deposits and withdrawals via Instant SEPA and iDeal
- Crypto transfers to and from external wallets
- Flexible staking on 15 assets with no minimum or lock-up period
- Automated recurring investment plans
- “Crypto Bundles” for one-click exposure to diversified crypto baskets
- Customer support via chat, phone, and email
Security:
Security is a core part of Finst’s operating model. Client assets are segregated from company funds: uninvested euros are held with bunq and ING, while digital assets are secured on a 1:1 basis through Fireblocks’ wallet infrastructure. To enhance transparency, Finst was also the first platform in the Netherlands to publish an independently audited Proof of Reserves.
About Endeit Capital
Founded in 2006, Endeit Capital empowers Europe’s most promising tech companies through growth-stage investments. With offices in the Netherlands, Germany and Sweden, the firm invests its €300M+ fund in forward-thinking companies across Climate tech, Fintech, Future of Work, Sales Enablement, and Security sectors, with a focus on businesses that leverage AI to solve industry-specific challenges.
Source: https://beincrypto.com/finst-series-a-funding-europe-crypto/
