Bitpanda are pleased to announce that Raiffeisenlandesbank NÖ-Wien, which forms part of Austria’s major banking group, has become the first major traditional bank in the European Union “to move into digital assets through a planned collaboration with Bitpanda Technology Solutions.”
Since launching their digital Investment-as-a-Service (IaaS) solution, Bitpanda Technology Solutions, they’ve given multiple fintechs and online platforms and their millions of customers the ability “to invest — simply and safely. Opening up what has been traditionally seen as a complex and exclusive financial market and making it accessible to everyone.”
In what’s a “first” among traditional banks in the EU, RLB NÖ-Wien is set to become a pioneer with its plans “to include cryptocurrencies and other asset classes in its digital investment offering.”
All this will be made possible via Bitpanda’s API-driven and fully secure ISO 271001-certified infrastructure, and “will come complete with the look and feel of Raiffeisen’s iconic branding — their design, our technology.”
Based in Vienna, RLB NÖ-Wien has always “had a forward-thinking approach to modern regional and commercial banking services.” And, just like Bitpanda, they claim to “have a clear goal and vision: to help their customers to take their financial future into their own hands.”
By committing to future collaboration with Bitpanda and the possible implementation of stocks* and ETFs, crypto, commodities* and precious metals as part of its offering — all from as little “as just €1 — they’re continuing to help their customers to reach their financial ambitions.”
By capitalizing from Bitpanda’s 9 years of experience, fintechs, traditional banks, and online platforms can “provide a swift and easy route to meet the rising demand for modern investing solutions.”
By partnering with Bitpanda, financial institutions like RLB NÖ-Wien are able “to hand-pick from our extensive range of asset classes and bring them to their audience fast, all complete with the look and feel of their brand.”
So far via Bitpanda Technology Services, German digital bank N26, German cloud banking platform Mambu, UK fintech Plum, Italian neobank Hype and more “have all successfully introduced a dependable investment platform that meets the highest regulatory standards to their customers.”