Bitpanda Technology Solutions are now available to financial institutions via Visa’s Fintech Partner Connect program
- Austrian fintech unicorn Bitpanda has partnered with Visa, a world leader in digital payments, to strengthen crypto trading and custody services for banks and FinTechs.
- Bitpanda Technology Solutions, Bitpanda’s Software-as-a-Service solution, enables banks, brokers, fintechs and online platforms to quickly offer trading and investment services for asset classes such as Cryptoshares/ETFs, precious metals and raw materials to their end customers.
- Beyond this partnership, Bitpanda Technology Solutions will now start its expansion outside Europe.
VIENNA, March 23, 2023 /PRNewswire/ — In collaboration with Austrian fintech unicorn Bitpanda, Visa’s partners will have the opportunity to access Bitpanda’s comprehensive investment infrastructure solutions. This enables financial institutions, banks and fintechs to quickly offer trading and investment services for asset classes such as Crypto, shares/ETFs, precious metals and commodities to their end customers. Alongside this partnership, Bitpanda Technology Solutions will begin expanding its investment infrastructure outside of Europe.
Due to increasing user demand, many banks and financial technologies from around the world have started working with theirs crypto use-cases, ranging from offering investments to retail clients, private banking High Net Worth individuals to even corporates for their treasury activities. This increase in focus can be seen in the series of collaborations recently launched by Bitpanda, which includes the largest challenger bank in Continental Europe, N26. Driven by market competition, Bitpanda expects adoption to continue to grow exponentially in the years ahead, as regulatory bodies in parallel provide clearer frameworks for banks to safely engage in the industry.
LUKAS ENZERSDORFER-KONRAD, CEO of Bitpanda Technology Solutions, says:
“As the demand for cryptocurrencies continues to increase, banks must take proactive steps to meet the changing needs of their customers. Bitpanda Technology’s SaaS solution provides financial institutions worldwide with the infrastructure they need to deploy the most scalable and secure way to build all relevant crypto utility cases. We are thrilled to partner with Visa and to be able to offer our solution to their outstanding network of financial institutions around the world.”
Ute König-Stemmler, Visa’s Head of Business Development in Central Europe, comments: “We are pleased to welcome Bitpanda to Visa’s Fintech Partner Connect program. The partnership will help banks integrate an asset trading platform for crypto and other assets in their banking app.”
How Bitpanda Technology Solutions brings crypto to the financial industry
Bitpanda, already known for providing digital trading services to several European banks, including European Neobank N26, announced the expansion of its B2B offering with the launch of Bitpanda technology solutions earlier this year. By being part of Visa’s Fintech Partner Connect program, their customers can connect to digital-first, next-generation solutions and open up new opportunities. The unicorn already provides access to over 20 million European customers crypto By acting via their infrastructure, partners can build their own user experiences on an ISO 27001-certified and combat-proof infrastructure.
In addition, Bitpanda’s infrastructure is set up as a modular system to enable our partners to pick and choose among our features such as savings plans, asset-to-asset swapping, crypto staking, fractional shares, full blockchain service and many more via one simple API integration. Custody for cryptocurrencies is provided by Bitpanda custodyan institutional custody provider regulated by the FCA.
Bitpanda offers its services on a global level, enabling banks and fintechs from around the world to build one crypto trade offer in less than three months. This, combined with Bitpanda’s more than 8 years in investment and crypto industry, making it a unique product that can educate and empower financial institutions to offer tailored crypto trading and investment experiences.
Current partners include German digital bank N26, French money app Lydia, UK fintech Plum and Italian open banking provider Fabrick, among others.
ABOUT BITPANDA
Bitpanda facilitates value creation. Founded in 2014 in Vienna, Austria of Erik DemuthPaul Klanschek and Christian Drummer, Bitpanda exists to help people trust themselves enough to build financial freedom for the future. The easy-to-use platform for trading everything allows both first-time investors and seasoned experts to invest in the cryptocurrencies, crypto indices, stocks, precious metals and commodities they want — 24/7. With more than 700 team members and steadily approaching 4 million customers, the company is one of the Europe’s most successful fintechs.
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SOURCE Bitpanda