- Visa and Bitpanda will offer crypto, stock, commodity, ETF, precious metal investment services
- The exchange anticipates that crypto adoption will keep growing in the near future
Visa and Bitpanda, the fintech unicorn, have entered a partnership to enable financial institutions to offer their end clients rapid, highly effective crypto, stock, commodity, ETF, and precious metal investment and trading services, Bankless Times learned from a press release. With the partnership, Visa will access Bitpanda's full-scale investment infrastructure solutions.
Bitpanda to expand beyond Europe
Thanks to this partnership, Bitpanda will start to expand their investment infrastructure outside of Europe.
Fintechs and banks from all over the world have begun working on crypto use cases due to increasing user demand. These cases include offering investment services to all kinds of entities: corporates, high net worth persons, retail customers, etc.
These changes are evidenced in a series of collaborations that Bitpanda has launched, including with N26, the biggest challenger bank on the continent.
Crypto adoption will keep growing
The multi-asset exchange anticipates that crypto adoption will keep growing in the near future, especially as regulators work on clearer frameworks for the safe interaction between banks and the crypto industry. Ute Koenig-Stemmler, Head of Business Development for Visa in Central Europe commented:
We are excited to welcome Bitpanda to Visa´s Fintech Partner Connect Program. The partnership will assist banks to integrate an asset trading platform for crypto and other assets within their banking app.
Bitpanda CEO Lukas Enzersdorfer-Konrad added:
As the demand for cryptocurrencies continues to rise, banks must take proactive steps to meet the changing needs of their customers. Bitpanda Technology's SaaS solution provides financial institutions around the world with the infrastructure they need to deploy the most scalable and secure way to build all relevant crypto use cases. We are thrilled to partner with Visa and to be able to offer our solution to their outstanding networks of financial institutions around the world.
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