Expansion of Partnership Between Bitpanda and Our Site Announced
In a significant move that underscores its commitment to expanding its footprint in the financial services industry, Bitpanda, a regulated multi-asset broker platform, has entered into a partnership with a prominent financial services provider. This partnership aims to streamline and enhance the user experience, ensuring confidence, speed, and efficiency.
Bitpanda, which offers more than 2,800 virtual assets, indices, stocks, ETFs, and commodities, views the partner as a trusted ally in building a secure environment for virtual asset investing. The partnership will see Bitpanda offering real-time payment solutions for both incoming and outgoing transactions, providing local IBANs for users in Germany, and expanding its real-time payment solutions in the country.
Kilian Thalhammer, Global Head of Merchant Solutions at the financial services provider, emphasised the shared commitment to user safety and security with Bitpanda. He stated, "This partnership is a testament to our shared values and our dedication to providing the best possible experience for our users."
The partnership is a major institutional partnership for Bitpanda, currently undergoing significant growth. Bitpanda's Global Head of Merchant Solutions, Lukas Enzersdorfer-Konrad, stated that the partnership with the financial services provider enables access to a range of the provider's products.
This partnership is a key milestone in shaping the emerging ecosystem of the virtual asset industry. It continues Bitpanda's strategic goal of cooperating with traditional financial services providers, such as the financial services provider, throughout 2024.
While there is no specific information about a real-time payment solution partnership in Germany, Bitpanda's existing partnerships and infrastructure suggest it is well-positioned to offer innovative financial services in the region. For instance, Bitpanda's collaboration with Deutsche Bank aims to provide secure and regulated cryptocurrency storage for institutional clients, leveraging Bitpanda's innovative technology and Deutsche Bank's financial expertise.
Additionally, Bitpanda's participation in Visa's Fintech Partner Connect programme could enhance its ability to offer payment solutions. This program allows Bitpanda to expand its services and integrate them seamlessly with other financial institutions. Furthermore, Bitpanda's regulatory approvals, such as the Crypto Custody and Proprietary Trading license from Germany's BaFin, indicate its growing presence in the European market.
This partnership marks an exciting step forward for Bitpanda, as it continues to work with leading industry players and innovate in the financial services sector. As Bitpanda's Deputy CEO, Lukas Enzersdorfer-Konrad, stated, "We believe that such integration will shape the future of the financial services industry."
Bitpanda, through this partnership with a prominent financial services provider, seeks to extend its real-time payment solutions for user transactions and offer local IBANs in Germany, signifying its dedication to expanding services within the finance sector. The alliance also underscores shared values in user safety and security within the fintech industry, as both parties aim to provide the best experience for users.