Bitpanda Business Further Improves Offer for Business Customers

Bitpanda, Europe’s leading crypto platform, is further expanding its B2B offer – Bitpanda Business. The product, which is already trusted by over 3,000 European businesses, allows them to earn returns on their cash reserves and diversify their corporate treasuries, with no management fee.

Bitpanda Business, which relaunched last year, is currently experiencing a strong increase in demand as businesses look for a safe and secure way to manage their reserves.

The offering, which is available to companies of any size, is already used by firms across several industries including farming, real estate, private equity, IT services, e-commerce & wholesale. As part of the expansion, Bitpanda Business is focusing on offering its business clients even more personalised support so that the full range of benefits can be used with confidence.

By using Bitpanda Business, companies can unlock:

• Inflation beating yields: Bitpanda Cash Plus is available to business customers, allowing companies to receive a return of between 2.99% and 4.85% on cash reserves. Deposits of up to 100 million Euros can be made either as a lump sum, or in stages, at any time 24/7, 7 days a week, with returns paid out monthly.
• Flexible deposits and withdrawals: Deposits and withdrawals can be made in EUR, USD, CHF, GBP and many other currencies. All deposits and withdrawals are free of charge and can be made directly from Business Banking accounts.
• No fees: Business accounts, as well as the custody of cryptocurrencies and other investments, are also free of charge.
• Access to a broad range of assets: Business customers can invest in more than 3,000 digital assets including cryptocurrencies, precious metals, stocks, and ETFs.
• Full regulatory confidence: Bitpanda is licensed in numerous European countries and has been working closely with the local supervisory authorities for years. Bitpanda is recognised as one of the safest and most strictly regulated trading platforms in the industry, and with local regulatory oversight you can trust Bitpanda Business to keep deposits safe and secure.
• A trusted partner: Bitpanda is partnered with some of Europe’s biggest banks, including LBBW, N26, and Raiffeisen. These relationships are built on a shared commitment to regulatory compliance.

Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, comments: “We have already created an attractive offering for companies of all sizes to earn income on their cash reserves, while also unlocking the ability to buy and store crypto assets in a secure and regulated way. With Bitpanda Business, our business customers use the most highly regulated crypto platform in Europe and can choose from over 400 cryptocurrencies and 3,000 digital assets. In the future, corporate customers can look forward to an even better service, more personalised support, and a smoother onboarding processes so they can manage their finances safely, simply, and with confidence.”

Bitpanda Business is headed by Stefan Paul

Stefan Paul (Stefan.paul@bitpanda.com), Bitpanda’s new Manager for Corporate Clients, is now leading Bitpanda Business. With over 20 years of experience in e-commerce and fintech, Stefan has extensive expertise. In the past, Stefan Paul has worked for renowned companies such as Ebay, Groupon and the French fintech unicorn Qonto (formerly Penta).