Berlin, December 19, 2023 – In a remarkable development in the fintech world, Bitpanda, the European fintech unicorn, and payment service provider PayPal have joined forces. From now on, German and Austrian customers of Bitpanda can use PayPal as a free option for deposits. This innovation is not only an expansion of the already diverse range of deposit methods, but also a clear sign of the adaptability and customer focus of both companies.
A new era of user-friendliness
Eric Demuth, CEO of Bitpanda, commented on the integration of PayPal: “The introduction of PayPal as a payment method in our ecosystem marks an important step towards maximum user-friendliness.” The cooperation offers German and Austrian customers more flexibility and convenience and makes it easier to enter the world of digital assets.
Bitpanda and PayPal: Two market leaders hand in hand
The partnership between Bitpanda and PayPal is more than just an addition of payment methods. It represents the commitment of both companies to focus on innovation and customer orientation. PayPal is known for its fast, simple and secure processing of online payments. The integration into the Bitpanda platform will further develop the crypto payment ecosystem and pave the way for wider adoption of digital assets.
Extensive offering and advanced features
With over 2600 tradable digital assets, including more than 350 cryptocurrencies, Bitpanda is one of the leading multi-asset investment platforms in Europe. The offering goes far beyond cryptocurrencies, with advanced features in stock trading, indices and the Bitpanda Spotlight feature for early access to new coins. In addition, Bitpanda has offered staking for 30 different coins since 2023, including Ethereum, and has introduced an attractive yield offering with Bitpanda Cash Plus.
Bitpanda: a pioneer in the FinTech sector
Since its foundation in Vienna in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer, Bitpanda has developed into one of the most successful FinTechs in Europe. With a user-friendly trading platform suitable for both beginners and experienced investors, Bitpanda provides access to a wide range of investment options. With over 4 million customers, including more than 1 million from Germany, and an international team, Bitpanda is a pioneer in the field of digital asset management.
Conclusion
The partnership between Bitpanda and PayPal marks an important milestone in the FinTech industry. It significantly simplifies the entry into crypto investments and shows how companies can pave the way for innovation through collaboration and customer focus. With the continuous expansion of its offering and the integration of new payment methods, Bitpanda continues its journey to provide investors with a secure, diverse and user-friendly platform for digital investments.
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