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§ Private Profile · Turin, Italy
Young Platform is a technology company.
Young Platform operates a digital asset exchange, enabling users to buy, sell, and accumulate various cryptocurrencies. Its platform offers an intuitive interface with real-time portfolio tracking and automated purchases. Additionally, it includes an educational academy and "Young Clubs" providing Web3 and NFT benefits, catering to both new and experienced crypto market participants.
The company was co-founded in 2017 by Alexandru Stefan Gheban, Andrea Ferrero, Andrea Carollo, Daniele Rinaldi, Marco Ciarmoli, and Samuele Raimondo. Their collective insight highlighted the need to simplify cryptocurrency investment. They aimed to create an accessible and transparent entry point into digital assets, demystifying blockchain technology for a broader audience.
Young Platform serves users from novices seeking knowledge to seasoned enthusiasts desiring a regulated trading environment. Its vision centers on empowering individuals to manage their financial futures through trusted digital asset ownership, fostering an informed and confident community within the digital economy.
Young Platform has raised $4.9M across 2 funding rounds.
Young Platform has raised $4.9M in total across 2 funding rounds.
Young Platform has raised $4.9M in total across 2 funding rounds.
Young Platform's investors include Massimiliano Magrini, Haymaker Ventures, Pareto Holdings, Michael Pennington, Luca Ascani, Max Ciociola, Pietro Invernizzi, Ithaca Investments.
Young Platform has raised $4.9M across 2 funding rounds. Most recently, it raised $4.0M Series A in May 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2021 | $4M Series A | Massimiliano Magrini | Haymaker Ventures, Pareto Holdings, Michael Pennington, Luca Ascani, MAX Ciociola, Pietro Invernizzi, Ithaca Investments | Announced |
| Sep 12, 2019 | $868K Venture Round | — | — | Announced |
Young Platform is an Italian fintech company founded in 2018 that operates as a cryptocurrency exchange platform, enabling users to buy, sell, and manage digital assets with fiat money through its ecosystem of products.[1][2] It serves retail users from beginners to advanced traders across Europe, solving accessibility barriers in crypto trading by offering simple interfaces, educational tools, and innovative features like the Stepdrop app, which converts daily steps into its native Young cryptocurrency for marketplace purchases.[2][4] The company has demonstrated strong growth momentum, raising $25.57M across 9 funding rounds, including a Series C of $2.94M in September 2025, while expanding as a crypto-native neobank aligned with EU MiCA regulations and securing licenses like France's trading permit.[2][5][6]
Young Platform was founded in 2018 in Turin, Italy, by Andrea Ferrero (CEO & Co-Founder), Stefan A. Gheban (COO & Co-Founder), Samuele Raimondo (CTO & Co-Founder), and Marco Ciarmoli (CSA & Co-Founder).[2] The idea emerged to democratize cryptocurrency access in Europe, starting with an educational approach to engage newbie users through games, quizzes, and wallets, which enabled low-cost customer acquisition.[4] Early traction came from building a product ecosystem covering all user segments, from basic exchanges to advanced trading, positioning it as Italy's leading crypto exchange within four years and expanding into France with regulatory approvals.[1][4]
Young Platform rides the wave of cryptocurrency mainstreaming and EU regulatory clarity via MiCA, timing its neobank pivot perfectly amid rising demand for compliant, user-friendly crypto-fiat bridges.[5] Market forces like tokenized assets capturing traditional finance (potentially trillions) favor its ecosystem approach, which lowers entry barriers for non-experts while serving pros, influencing Europe's startup scene by building the continent's largest crypto community from an Italian base.[4][3] As Italy's top exchange expanding multinationally, it drives fintech innovation in Web3 payments and education, fostering broader adoption in a fragmented market.[1][2]
Young Platform is poised to solidify as Europe's go-to crypto neobank, with upcoming robo-advisor services, debit cards, and enhanced earning tools completing its centralized platform.[4][5] Trends like MiCA enforcement, stablecoin growth, and gamified Web3 engagement will propel its user base, potentially amplifying influence through community-driven expansions and deeper TradFi integration.[3][4] This evolution from Italian exchange to pan-European powerhouse underscores its mission to make crypto practical for all, turning early momentum into ecosystem dominance.