Deutsche Bank Partners with Bitpanda for Real-Time Transaction Solutions

• Deutsche Bank provides Bitpanda users with real-time payment solutions for deposits and withdrawals.
• Bitpanda users in Germany can now access local IBANs, enhancing trust and user experience.

In a landmark development for the digital asset industry, Bitpanda has expanded its partnership with Deutsche Bank. This collaboration will provide Bitpanda users with real-time payment solutions for both incoming and outgoing transactions, leveraging an API-based escrow account solution. This integration not only streamlines the payment process but also allows Bitpanda users in Germany to utilize local IBANs, significantly boosting trust and user experience.

As a premier platform for digital assets in Germany, Bitpanda has solidified its reputation through this strategic alliance. Deutsche Bank has been Bitpanda’s European banking partner since 2023, offering cross-currency solutions in Austria and Spain. This enhanced partnership signifies a substantial leap forward for Bitpanda, showcasing the company’s commitment to delivering tailored local solutions and reinforcing its position as a leading digital asset trading platform in Europe.

Enhanced User Experience through Local IBANs

The introduction of local IBANs for German customers is a pivotal enhancement, directly impacting user confidence and the overall experience. By providing real-time transaction capabilities, the partnership ensures that Bitpanda customers receive faster and more efficient service. This development is a testament to Bitpanda’s dedication to maintaining high standards of security, compliance, and innovation in the financial technology sector.

Bitpanda, a regulated multi-asset broker, offers private investors access to over 2,800 cryptocurrencies and indices, along with stocks, ETFs, and commodities. This broadened alliance with Deutsche Bank marks a significant milestone for the broker, which is currently experiencing a phase of significant growth.

Lukas Enzersdorfer, Deputy CEO of Bitpanda, remarked on the partnership: “By combining the best products and services from our industry, we create real value for our customers. Deutsche Bank’s commitment to working with new and innovative players in the financial sector enables and strengthens our partnership. Starting today, our customers will have access to even more of Deutsche Bank’s products, enhancing the user experience to a new level.”

Kilian Thalhammer, Global Head of Merchant Solution at Deutsche Bank, added:

“We are confident that together with Bitpanda, a recognized and regulated fintech provider, we can create a secure and trustworthy environment for investments in virtual assets. As a bank, we aim to be the first choice for high-potential platforms – and this partnership with Bitpanda is a crucial step in that direction.”

About Deutsche Bank

Deutsche Bank offers a wide range of financial services, including payments, lending, investment advisory, asset management, and focused capital market activities. The bank serves private clients, small and medium-sized enterprises, corporations, the public sector, and institutional investors. Deutsche Bank is Germany’s leading bank with strong European roots and a global network.

About Bitpanda

Founded in 2014 in Vienna, Bitpanda is one of Europe’s leading crypto brokers. With a selection of over 2,800 digital assets, including more than 400 cryptocurrencies, stocks, ETFs, precious metals, and commodities, the Austrian fintech unicorn offers one of the most comprehensive investment portfolios. Over 4.5 million users and numerous banks and financial institutions trust Bitpanda’s multi-asset investment platform. Bitpanda is licensed in several European countries and has maintained close and reliable relationships with local regulatory authorities for years, making it one of the safest and most strictly regulated trading platforms in the industry. Bitpanda has offices in Vienna, Amsterdam, Barcelona, Berlin, and Bucharest.