Amsterdam-based Finst, a cryptocurrency exchange founded by the ex-core team of DEGIRO – an online stockbroker in Europe, announced on Wednesday that it has secured €4M in an oversubscribed Seed round of funding.
This news follows the company’s successful launch in the Netherlands earlier this year.
Finst has already drawn thousands of active cryptocurrency investors to the Dutch market through its trading fees that are, on average, 82 per cent less expensive than those of other major Dutch platforms and its focus towards safety and transparency.
What does Finst offer?
Founded in 2022 by Julien Vallet and Marcel Putina, Finst aims to offer a cryptocurrency investment platform with the lowest trading fees in the Netherlands. It will charge 0.15 per cent per transaction without minimum amount, volume commitment, or added spread.