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Bitpanda expands partnership with Deutsche Bank – Fintech Schweiz Digital Finance News

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June 10, 2024

Austrian Fintech Unicorn Bitpanda is expanding its partnership with German bank to provide real-time payment solutions for inbound and outbound transactions for users in Germany.

This API-based account solution will provide Bitpanda with access to German IBANs, simplifying and enhancing users’ experience and ensuring trust, speed and efficiency.

Deutsche Bank already supports Bitpanda’s operational needs as its European Hausbank for cross-currency solutions in Austria and Spain.

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<p>Bitpanda is a regulated multi-asset brokerage platform that offers over 2,800 curated virtual assets and indices, as well as stocks, ETFs and commodities to retail investors.  Deutsche Bank represents another major institutional partnership for Bitpanda, which is currently experiencing a period of significant growth.  Cooperation with traditional financial service providers is a strategic objective throughout 2024 for the unicorn, which believes that such integration will shape the future of the financial services industry.</p>
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Lukas Enzersdorfer-Konrad

Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, commented:

“Bringing together the best parts of the industry 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 products, unlocking benefits for our team and our users.”

Kilian Thalhammer

Kilian Thalhammer, global head of merchant solutions at Deutsche Bank, added:

“We are always seeking partnerships with companies that share our commitment to the safety and protection of users. With Bitpanda, a recognized and regulated fintech provider, we are confident in helping build a safe and trustworthy environment for users in this innovative field of virtual asset investment. With our strategy to be the bank of choice for high-potential platforms, the partnership with Bitpanda represents an important milestone as we shape this emerging ecosystem through active engagement with key industry players.”

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