German challenger N26 partners Bitpanda to offer crypto trading services
German digital bank N26 has partnered with Bitpanda to bring cryptocurrency trading services to its customers in Europe.
N26 partners Bitpanda for crypto trading product
N26 will use Bitpanda’s white-label solution, an API-driven infrastructure enabling banks and fintechs to tap into 24/7 trading via Bitpanda’s platform, to power its in-app N26 Crypto offering.
The partnership will enable eligible N26 customers to buy and sell almost 200 cryptocurrencies, depending on their budget and risk appetite. The product will be rolled out “progressively” to N26 customers in Austria before being made accessible across other markets over the next six months.
“While cryptocurrencies have seen a decline in value over the last year, they remain a requested and interesting asset class for investors and a growing part of the financial system,” says Valentin Stalf, co-founder and co-CEO of N26.
“Cryptocurrency trading is often the entry-point to investing for a new generation of investors who are looking to explore ways to grow their wealth.”
N26 becomes the latest firm to implement Bitpanda’s white-label solution following French payments app Lydia, UK fintech Plum and Italian open banking provider Fabrick.
