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Bitpanda wins N26 for its White Label Solution as its latest European banking partner

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  • Austrian fintech unicorn Bitpanda wins the largest digital bank in Continental Europe as a client for its Investing-as-a-Service solution.
  • German digital bank N26 will leverage Bitpanda’s trading and custody platform to provide its customers with 24/7 access to Europe’s broadest cryptocurrency offering.
  • Through this partnership, eligible N26 customers will be able to invest in almost 200 cryptocurrencies, depending on their budget and risk appetite. 
  • This partnership brings together two of the DACH region’s leading fintechs in a shared goal of using technology to give people simple, safe, and convenient control of their finances.

Vienna, 20. October 2022 – Austrian fintech unicorn Bitpanda wins German digital bank N26 for its White Label Solution to bring cryptocurrencies to the bank’s customers in Europe. The partnership reflects rising investor demand across Europe for access to safe and simple crypto trading, giving them the ability to diversify their investment portfolios. 

The collaboration has been made possible by Bitpanda’s White Label Solution, a cutting-edge API-driven infrastructure that enables fintechs and traditional banks to tap into 24/7 trading via Bitpanda’s market leading platform. 

ERIC DEMUTH, co-founder and CEO of Bitpanda, says

“As the industry evolves it is becoming increasingly clear that the best way for fintechs to truly have an impact on people’s lives is by working together. Bitpanda White Label, our investing-as-a-service solution, gives our B2B partners access to the whole Bitpanda infrastructure in a modular and individual way. It is our commitment to an exciting, collaborative vision for the future of finance and is built around 8 years of hard won trading experience. We’re excited to welcome N26 as Bitpanda White Label’s latest partner, and look forward to continuing our work to advocate for a financial services industry that works for everyone.”

N26 co-founder and Co-CEO, Valentin Stalf said:
“While cryptocurrencies have seen a decline in value over the last year, they remain a requested and interesting asset class for investors and a growing part of the financial system. Cryptocurrency trading is often the entrypoint to investing for a new generation of investors who are looking to explore ways to grow their wealth.  With N26 Crypto, we are offering a simple way to trade and invest, with a great user experience and low and transparent fees.”  

The partnership will initially be rolled out progressively to N26 customers in Austria before being made accessible across other markets in the coming months. 

Unlocking investing together

Just a year ago, Bitpanda entered the B2B market with the launch of its White Label Solution, which enables fintechs, traditional banks and online platforms to give their users access to a trading and custody infrastructure that is both compliant and secure and retains the look and feel of their brand. In general, this unique solution allows both established and innovative players to accelerate their digital transformation by offering their customers access to digital assets such as cryptocurrencies, fractional stocks, ETFs, commodities and precious metals, as well as a custody and wallet service.

Since the launch of Bitpanda’s API solution, a number of major fintech companies and online platforms have partnered with Bitpanda to make use of a trading infrastructure that is both compliant and secure. N26 is the largest bank to partner with Bitpanda to date, and is following other fintech companies such as French money app Lydia, UK fintech Plum and Italian open banking provider Fabrick, among others.

Committed to regulatory compliance

Bitpanda complies with the strictest regulatory standards – something that partners can rely on. The Bitpanda Group is also registered with the Austrian Financial Market Authority (FMA), the French Autorité Des Marchés Financiers (AMF), the Czech Trade Authority as VASP, holds the PSD2 licence, the MiFID II licence and became Austria’s first Electronic Money Institution (EMI) in accordance with European law (EMD2), plus has a fully AML5 compliant KYC process. Most recently, Bitpanda became the first foreign crypto provider to become fully licensed in Sweden, and also secured registration as Italian Virtual Asset Services Provider (VASP) and the Bank of Spain. 

About Bitpanda 

Bitpanda simplifies wealth creation. Founded in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer, Bitpanda exists to help people trust themselves enough to build financial freedom for their future. The user-friendly, trade-everything platform empowers both first-time investors and seasoned experts to invest in the cryptocurrencies, crypto indices, stocks, precious metals and commodities they want — starting from 1€ only, 24/7. With more than 730 team members and steadily approaching 4 million customers, the company is one of Europe’s most successful fintechs.

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