Bitpanda‘s newly-introduced investment-as-a-service for cryptocurrency is permitting crypto platforms and banks to combine buying and selling companies into their apps.
The European digital asset platform Bitpanda is launching an investment-as-a-service product for banks, cryptos and different platforms.
With its current white-label API, the Vienna-headquartered firm presently serves round 20 million prospects in Europe and internationally. Now, by the launch of Bitpanda Expertise Options (BTS), the corporate is including a number of options, asset courses and a number of other regulatory licences to its providing.
The platform now permits cryptos, conventional banks and on-line platforms to supply buying and selling, investing and custody companies throughout shares, exchange-traded funds (ETFs), cryptocurrencies, valuable metals and commodities.
Companions can leverage the answer to interact with the precise options they require, together with financial savings plans, asset-to-asset swaps, crypto staking, fractionalised shares and blockchain companies by way of one API connection.
Within the 9 years since its founding, the corporate has grow to be more and more linked with Europe’s neighborhood of buying and selling apps. On this means, its companions embody the European cell financial institution N26, French cash app Lydia, UK crypto Plum, the Italian cell financial institution Hype in addition to Italian open finance supplier Fabrick.
“Your design, our know-how”
Talking on the launch of the service, Eric Demuth, the corporate’s founder and co-CEO, describes BTS as “the best solution to allow the most effective funding expertise for finish customers in addition to institutional traders, with a easy integration of our API.”
“9 years on this enterprise has offered a battle-proven infrastructure functioning in any market situations,” continues Demuth. “With BTS, corporations have the possibility so as to add a buying and selling and investing product for crypto, shares and valuable metals to their companies that fulfils the wants of consumers within the yr 2023.”
Lukas Enzersdorfer-Konrad, deputy CEO of the Bitpanda Group, will lead the newly-launched investment-as-a-service enterprise as CEO of BTS.
“Monetary establishments immediately must ask themselves how they purpose to cater for the growing demand for contemporary investing options,” feedback Enzersdorfer-Konrad.
“Constructing these individually means a excessive startup value and merchandise which can be typically outdated earlier than they’re even launched. Merely put, establishments can’t do that themselves if they need each a quick time to market and excessive compliance requirements,” he continues.
“By partnering with us, they’ll open up new income streams whereas retaining their prospects. Absolutely customisable, totally protected, totally safe, and totally regulated. Your design, our know-how.”