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Bitpanda has announced an expansion of its partnership with
Deutsche Bank, aimed at providing real-time payment solutions for users in
Germany.
API-Based Account Solution
The collaboration will enable seamless incoming and outgoing
transactions through an API-based account solution, granting Bitpanda access to
German IBANs. This move is part of Bitpanda’s efforts to enhance user
experience and solidify its position in Europe as a digital-asset trading
platform.
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.”
Partnership for Seamless Transactions
Deutsche Bank, already serving as Bitpanda’s European
Hausbank for cross-currency solutions in Austria and Spain, further strengthens
the relationship between the two institutions.
The regulated multi-asset broker platform, Bitpanda, offers
a diverse range of over 2,800 virtual assets, indices, stocks, ETFs, and
commodities to retail investors.
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 recognised 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.”
This article was written by Tareq Sikder at www.financemagnates.com.
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