What is Bux?
Founded in 2018 and headquartered in Amsterdam, Netherlands, Bux provides a user-friendly mobile application designed to make stock investing and trading accessible to millennials. The platform aims to demystify financial markets, offering tools and educational resources to empower a new generation of investors. Bux operates within the rapidly expanding fintech sector, competing with other digital brokerage platforms that are increasingly targeting younger demographics seeking convenient and intuitive ways to manage their investments.
How much funding has Bux raised?
Bux has raised a total of $108.9M across 5 funding rounds:
Series A
$1.9M
Series B
$6.9M
Series C
$11.8M
Other Financing Round
$12.5M
Other Financing Round
$75.8M
Series A (2015): $1.9M with participation from Initial Capital
Series B (2016): $6.9M led by Orange Growth Capital, Velocity Capital Private Equity Hoofdstraat, and Holtzbrinck Ventures
Series C (2017): $11.8M supported by HV Holtzbrinck Ventures, Velocity Capital Private Equity Hoofdstraat, Thierry Schaap, and Arthur Kosten
Other Financing Round (2019): $12.5M featuring Velocity Capital Private Equity Hoofdstraat, Kreos Capital, and Holtzbrinck Ventures
Other Financing Round (2021): $75.8M backed by Prosus
Key Investors in Bux
Prosus
Prosus is a global consumer internet group and one of the largest technology investors in the world, focusing on building leading consumer internet companies and investing in high-growth sectors.
Holtzbrinck Ventures
Holtzbrinck Ventures is a venture capital firm that invests in technology and media companies, with a focus on supporting growth-stage businesses.
Velocity Capital Private Equity Hoofdstraat
Velocity Capital Fintech Ventures is a venture capital firm that provides early-stage capital funding to companies, particularly within the fintech sector.
What's next for Bux?
With substantial enterprise-level backing, Bux is poised for continued expansion and product development. The company's strategic focus will likely involve enhancing its platform features, broadening its user base, and potentially exploring new markets. The recent capital infusion suggests a commitment to scaling operations and solidifying its market share in the digital investment landscape, aiming to become a leading platform for millennial investors.
See full Bux company page
