Bitpanda Technology Solutions launches an Investment-as-a-Service product for banks, fintechs and brokers – Padovanews
VIENNA, January 26, 2023 /PRNewswire/ — Bitpanda, Europe’s leading digital assets platform, announces the launch of Bitpanda Technology Solutions, the most scalable investment-as-a-service infrastructure available in Europe and beyond. Already serving over 20 million customers with its first White Label API, today Bitpanda Technologies Solution adds new features, asset classes and licenses to its offer.
The platform now allows fintechs, traditional banks and online players to offer trading, investment and custody services for stocks*, ETFs*, cryptocurrencies, precious metals and commodities*. Partners can build the user experience for their customers using a proven and ISO 27001 certified technology infrastructure. This infrastructure is designed in a modular system so partners can choose which features to integrate, including savings plans, asset swapping, cryptocurrency staking, fractional shares and more, by connecting with an API.
Already serving over 20 million people in more than 25 countries
Bitpanda Technology Solutions has already attracted leading fintech companies such as European mobile bank N26, French money management app Lydia, UK fintech Plum, Italian mobile bank HYPE and Italian open finance platform Fabrick, all partners who use the Investment-as-a-service features to serve the investment services demand of their more than 20 million clients in more than 25 countries.
Bitpanda Technology Solutions has been designed to be easily integrated: partners can launch the investment/custody services offering in less than 3 months, thus being able to establish new sources of revenue while minimizing operational costs. Lukas Enzersdorfer-Konrad, deputy CEO of Bitpanda, will lead the new Investment-as-a-Service business as CEO of Bitpanda Technology Solutions.
Eric Demuth, co-CEO and founder of Bitpanda, said:
“Bitpanda Technology Solutions is the easiest way to offer the best investment experience to both the end user and institutional investors, with the simple integration of an API. Nine years of experience in this sector have allowed us to develop a tested and functioning infrastructure in any market condition. With BTS, companies can add an investment and trading product in crypto, stocks or precious metals to their offer, responding to the needs of their clients”.
Lukas Enzerdorfer-Konrad, CEO of Bitpanda Technology Solutions, added: “Today, companies in the financial sector have to ask themselves how to respond to the growing demand for modern investment solutions. Doing it yourself means incurring high start-up costs for products that are often outdated before launch. Simply, if you want to be quick to market, while maintaining high regulatory standards, you cannot do it alone. With Bitpanda, you can create new sources of revenue while retaining your customers, thanks to a fully customizable, secure and fully regulated infrastructure”.
Commit to following the rules
The Bitpanda Group is registered with the Austrian FMA and the French AMF, and with the Czech Trade Authority as a VASP. It also holds a PSD2 license, a MiFID 2 license and became the first Electronic Money Institution (EMI) in Austria, in line with the European EMD2 law. Furthermore, it has a KYC processor perfectly aligned to AML5. Bitpanda recently obtained the most comprehensive crypto license available in Germany and registered as a VASP in Italy, with the OAM, and in Spain. Through Bitpanda Custody, the Group offers custody services in the UK.
*Stocks, ETFs and commodities are the underlying assets of the contracts offered as Bitpanda Stocks and Bitpanda Commodities, provided by Bitpanda Financial Services. Learn more at http://bitpanda.com
BITPANDA
Bitpanda makes it easier to grow your wealth. Founded in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer, Bitpanda exists to help people have the confidence to build their financial freedom for the future. The user-friendly platform allows both novice and experienced investors to invest in stocks, ETFs, cryptocurrencies, precious metals and commodities – 24/7, with any amount of money. With more than 700 team members and a user base that is steadily growing towards the 4 million mark, the company is one of the most successful European fintechs.
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