Bitpanda has expanded its partnership with Deutsche Bank to leverage the German bank’s real-time payment solutions for both incoming and outgoing transactions.
Bitpanda has expanded its partnership with Deutsche Bank to leverage the German bank’s real-time payment solutions for both incoming and outgoing transactions.
The API-based account solution will provide Bitpanda with access to German IBANs, streamlining and enhancing the experience for users, in order to reinforce Bitpanda’s position as a leading digital-asset trading platform in Europe.
Deutsche Bank already supports the operational needs of Bitpanda as its European Hausbank for cross-currency solutions in Austria and Spain.
Founded in Viena in 2014, Bitpanda has grown into one of Europe’s leading crypto brokers with a selection of over 2,800 digital assets, including more than 350 crypto assets and numerous stocks, ETFs, precious metals, and commodities. The Austrian fintech unicorn offers one of the most comprehensive ranges of digital assets available in Europe. Already trusted by over 4 million users, and dozens of institutional partners, Bitpanda
Holding licenses in several countries and maintaining partnerships with several banks and retail brokers, the Austrian fintech unicorn currently serves more than 4 million users. Deutsche Bank represents another major institutional partnership for Bitpanda. Cooperation with traditional financial services providers is a strategic goal throughout 2024 for the unicorn.
“A trusted environment for users in this innovative field of virtual asset investing”
Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, commented: “Bringing the best parts of the industry together is where we can create real value for people. Deutsche Bank’s commitment to working with new and innovative players in the financial industry continues to make our partnership possible. From today, we can access a range of Deutsche Bank’s products, unlocking benefits for our team and our users.”
Kilian Thalhammer, Global Head of Merchant Solutions, Deutsche Bank, added: “We are always looking to partner with companies who share our commitment to user safety and security. With Bitpanda, a recognized and regulated fintech provider, we are confident to help build a secure and trusted environment for users in this innovative field of virtual asset investing. With our strategy to be the bank of choice for the high-potential platforms, the partnership with Bitpanda represents a key milestone as we shape this emerging ecosystem through active engagement with leading industry players.”
