Our Vision: Bringing the Future of Wealth to the People of Today. – Innovative technologies are reshaping our world – all the way from decentralised banking systems to digital art. With Coinpanion you can participate in this revolution by investing in the world of tomorrow.
Mission: Simplifying Investing by Breaking Down the Barriers of Effort, Knowledge and Trust
Read more here: https://brand.coinpanion.com
Tell us about yourself?
I have been involved in the crypto scene since 2015 and was invited as an expert on cryptocurrencies on TV, radio and numerous newspapers. Before starting Coinpanion, I worked on several blockchain projects. I got started with crypto in 2014/2015 when I was in high school. Back then, I was buying and selling games on Steam by Valve corporation on different forums – a common medium of payment was bitcoin and PayPal. For me, bitcoin was just “cool internet money” which I used to buy other games or (by converting it to fiat) other real-life goods (like a motorcycle 😂).
Little did I know how it would influence my future life. Now I spend most of my day reading about crypto, DeFi, NFTs, or the future of the internet – #Web3.
If you could go back in time a year or two, what piece of advice would you give yourself?
I think the advice I would give myself would be that “try and error” are okay and part of the growth process.
What problem does your business solve?
Brokers, that let you buy shares, bonds, cryptocurrencies and all kinds of assets have sprung up like mushrooms. But with millions of inexperienced investors streaming in the markets many problems still have not been solved:
Just because you can invest with the press of a button doesn’t mean that investing is effortless. It takes time to research the “right” investments and to navigate between all the different opinions out there. Also, most people don’t want to spend several hours weekly doing research on new investments and markets.
Most people just don’t have the knowledge base to make their own investment decisions. Not everyone is passionate about investing and we agree that it can sometimes be a dull topic.
Especially in the world of alternative assets like cryptocurrencies where some investors make huge profits, there is a lot of room for scams. Many companies are headquartered in tax havens or away from jurisdiction.
What is the inspiration behind your business?
Coinpanion is a dynamic fintech, that was founded in 2019 and is based in Vienna. By providing smart portfolios for all types of investors, the start-up specialises in making the crypto world more accessible and transparent. Innovative technologies are reshaping our world – all the way from decentralised banking systems to digital art.
With Coinpanion you can join this revolution by investing in the world of tomorrow. There are already thousands of cryptocurrencies and more are added every month. The choice is enormous, and making the right decision can be overwhelming.
At Coinpanion, a team of industry experts carefully selects coins to be a part of your portfolio. So you don’t have to make that decision on your own and can rely on experts who ensure that only unique crypto projects that will stand the test of time are selected!
What is your magic sauce?
Our biggest USP is that we are offering diversified portfolios (principal of ETFs on the traditional market), everyone can already start with €50, you need no knowledge about trading or crypto markets since we are doing that for you.
What is the plan for the next 5 years? What do you want to achieve?
we will launch Coinpanion in multiple countries
we will launch more category-specific investment products (Gaming, DAO, NFT, etc.)
we will expand our offering to Defi and NFT based products (doing to Digital Assets what ETFs did to stocks)
we will raise a monster Series A to become the fidelity of digital assets
What is the biggest challenge you’ve faced so far?
End of 2018, my dear Co-Founder Matthias Zandanel (now CTO) and I started our entrepreneurial journey with Coinpanion at Startup Live Global!
Even though we didn’t know WHAT we were going to build, we already knew WHY we were building something.
Digital assets are a fundamental shift in how we perceive and exchange value. We wanted to make it an accessible asset class for everybody. No matter how much knowledge, time, or capital someone has. This opportunity is and has to be for everybody.
Driven by the vision to make the crypto market accessible for everyone, at first, we two came up with a concept of a platform where successful cryptocurrency traders could be copied. Soon, Aaron (Lead Developer), Matthias’s old partner in crime, joined the team. Just as the platform was picking up momentum in 2019, the three realized that they no longer believed in the concept. Everything was dependent on the traders, who acted in transparent and users were blindly following the traders with the highest recent profits.
By the end of 2019, they decided to close the copy trading platform and look for a better way to make the crypto market accessible for everyone. This was when Saad (CMO), who had already worked with Alex on other projects in the past, joined the founding team.
Armed with all the know-how accumulated over the past years, the team launched the first version of Coinpanion as we know it in July 2020 and also managed to close its first investment round in August 2020.
The beta was causing quite a buzz in the Austrian start-up scene and Coinpanion started gaining traction, which then led to explosive growth after Coinpanion was mentioned in an article of “Der Standard”, one of Austrian biggest newspapers, in February 2021. This led to so much demand that the team had to close the platform for three months in order to make it platform future-proof. Coinpanion relaunched in April 2021, stronger than ever.
In spring 2021, the team realised that the problem of accessibility was not only a problem in the world of cryptocurrencies but also for many other forms of investments. At this point, the team’s vision became much broader, aiming to make investing in the world of alternative investments as easy as they had already done with cryptocurrencies.
By August 2021, the team had grown to 7 and received €1.8 million seed investment from investors like Florian Gschwandtner (Founder Runtastic), Patrick Pöschl (Founder Scalable Capital) and one of Europe’s most active venture funds, High-Tech Gründerfonds.
Just in 2021, Coinpanion has grown from just the founding team of 4 to over 30 people, with over 15 different nationalities.
How do people get involved/buy into your vision?
- Creat an account and complete KYC
- Pay into Cash Account
- Choose Portfolios you want to invest in.
- Lean back
We also get a lot of partnership requests over LinkedIn or PR activities. We have a very appreciated Customer Support.