Bitpanda Technology Solutions, a major European Investing-as-a-Service provider, has expanded its partnership with Raiffeisen, a banking giant. Customers of Raiffeisen banks in Burgenland and Lower Austria can now invest in cryptocurrencies and digital assets through Bitpanda’s mobile banking app Mein ELBA. This service was previously available to customers of Raiffeisenlandesbank NÖ-Wien in Vienna. The partnership will now be extended to an additional 55 Raiffeisen banks. Through the app, customers have secure and easy access to over 2,000 digital assets. Bitpanda’s white-label integration provides a user-friendly platform for trading and offers a clear overview of all assets. Both new investors and experienced traders can benefit from this customized service. The collaboration with Raiffeisenlandesbank Niederösterreich-Vienna, launched in January, was successful and led to a significant increase in customer demand. This expansion sets a new milestone for the partnership. RLB Burgenland CEO Rudolf Suttner stated that the integration of Bitpanda into the Mein ELBA app makes them one of the first traditional banks in Europe to enable trading in digital assets. Bitpanda has over four million users and is heavily regulated, holding various licenses and registrations as a provider of virtual assets. They recently announced an operations expansion to the Middle East, with the opening of a regional office in the United Arab Emirates, led by Walid Benothman.
