Bitpanda and Deutsche Bank Partnership

Fintech unicorn Bitpanda is expanding its partnership with Deutsche Bank to provide real-time payment solutions for incoming and outgoing transactions for users in Germany.

This API-based account solution will provide Bitpanda with access to German IBANs, streamlining and enhancing users' experience and ensuring confidence, speed, and efficiency.

This is just the latest step in Bitpanda's efforts to provide a tailored local solution and support the continued strengthening of its position as the leading digital-asset trading platform in Europe.

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

Bitpanda's Offerings and Growth

Bitpanda is a regulated broker platform. It offers retail investors over 2,800 virtual assets, indices, stocks, ETFs, and commodities.

Bitpanda prioritizes collaboration agreements with traditional financial services providers. It believes that such integration will shape the future of the financial services industry.

Leadership Perspectives

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 sector 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," the CEO added.

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 we can help build a secure and trusted environment for users in this innovative field of virtual asset investing," said Thalhammer.

"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," he said.

Bitpanda's Background

Founded in Viena a decade ago, Bitpanda has over 4 million users, dozens of institutional partners, and licenses to operate in several countries with whose regulators it collaborates.