Bitpanda co-founder Eric Demuth steps down as CEO after 11 years to become Executive Chairman and President.

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Vienna-based Bitpanda, a fintech unicorn, has announced a leadership transition as Eric Demuth, co-founder and long-time CEO, steps into a new role as Executive Chairman and President of Bitpanda Group AG.

In this position, Eric will focus on shaping Bitpanda’s long-term vision and strategy, while driving the company’s global expansion and growth agenda.

Eric Demuth, Co-Founder and Executive Chairman & President of the Board, says, “Over the past ten years, Bitpanda has evolved from a bold idea into one of Europe’s most trusted digital investment platforms. As we enter the next phase of our global journey, I remain fully involved in shaping Bitpanda’s strategy and expansion.” 

“In my new role as Executive Chairman and President of the Board, I’ll continue to work closely with Lukas and our teams to push the company forward, strengthen our strategic foundation, and ensure Bitpanda remains a driving force of financial innovation in Europe and beyond.],” adds Demuth. 

Lukas Enzersdorfer-Konrad becomes CEO

With this move, Lukas Enzersdorfer-Konrad will become the sole CEO.

Lukas says, “Eric’s vision and growth mindset have been and continue to be fundamental to Bitpanda’s success. As he transitions into his new role as Executive Chairman, we’ll continue working closely together to execute our global growth strategy and make investing simple, secure, and accessible for everyone, everywhere.”

Bitpanda: Simplifying wealth

Founded in 2014 by Eric Demuth, Paul Klanschek, and Christian Trummer as a crypto trading platform, Bitpanda‘s mission is to simplify wealth creation. 

The platform removes complicated financial barriers through digitised assets and blockchain technology. It lets users trade Bitcoin, Ethereum, gold, and over 100 other digital assets.

The Austrian platform offers low fees, 24/7 trading, and real-time settlements. As a result, everyone can start investing (from as little as €1) and take ownership of their financial future.

The company operates a business based on various VASP registrations, as well as MiFID II, E-Money and PSD II licences amongst all its core markets.