Bitpanda, the European digital asset platform, is pleased to announce the launch of Bitpanda Technology Solutions, the “scalable” Investing-as a-service infrastructure available in Europe and globally.
Already serving 20+ million customers with its initial White Label API, Bitpanda Technologies Solution is now “adding features, asset classes, and several regulatory licenses to its offering.”
The platform now “allows fintechs, traditional banks and online platforms to offer trading, investing and custody services across Stocks/ETF’s, Cryptocurrencies, Precious Metals, and Commodities.”
Partners can “build their own user experiences on an ISO 27001 certified and battle-proofed infrastructure.” This infrastructure is “set up as a modular system to enable their partners to pick and choose from their features such as savings plans, asset-to-asset swaps, crypto staking, fractionalised Stocks, our full blockchain and more services via one API connection.”
Bitpanda Technology Solutions has already “attracted major fintech companies like European mobile bank N26, French money app Lydia, UK fintech Plum, the Italian mobile bank Hype as well as Italian open finance provider Fabrick as ongoing partners utilizing the Investment-as-a-Service functionalities to serve the demand in simplified investment opportunities of their 20+ million plus users in over 25 countries.”
Bitpanda Tech has been “designed to be easy to integrate, allowing our partners to launch a world-class investment and custody offering in as little as 3 months.”
This allows them “to establish additional revenue streams while minimising operational costs across the business.” Lukas Enzersdorfer-Konrad, Deputy CEO of the Bitpanda Group, “will lead the newly launched 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 enable the best investment experience for end users as well as institutional investors, with a simple integration of our API. 9 years in this business has provided a battle proven infrastructure functioning in any market conditions. With BTS, companies have the chance to add a trading and investing product for crypto, stocks and precious metals to their services that fulfils the needs of customers in the year 2023.”
Lukas Enzerdorfer-Konrad, CEO of Bitpanda Technology Solutions said:
“Financial institutions today have to ask themselves how they aim to cater the increasing demand for modern investing solutions. Building these Individually, means a high startup cost, and products that are often outdated before they are even launched. Simply put, institutions can’t do this themselves if they want both a fast time to market and high compliance standards. By partnering with us, they can open up new revenue streams while retaining their customers. Fully customizable, fully safe, fully secure, and fully regulated. Your design, our technology.
In addition to being licensed to hold and trade cryptocurrencies for its own account, 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 license, the MiFID II license 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 secured “the most comprehensive crypto license offered by German regulator BaFin, was the first foreign crypto provider to become fully licensed in Sweden, and also secured registration as an Italian Virtual Asset Services Provider (VASP) and the Bank of Spain.”
Through Bitpanda Custody, the Group is also able “to provide custody services in the United Kingdom in addition to Bitpanda’s existing licenses in the European Union.”