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Bitpanda Business, the B2B app that involves Bitpanda’s cryptocurrencies, has launched new improvements for its business clients. The new benefits are available without management fees.
Summary
Bitpanda Business: what are the new features of the B2B app that involves cryptocurrencies?
Bitpanda Business, the B2B product of Bitpanda dedicated to companies, has introduced new improvements to its app that involves cryptocurrencies.
Among other things, there is the elimination of any commission cost, on business accounts or crypto custody, and on other types of investment, making everything free.
Other news concerns Bitpanda Cash Plus which will allow companies to receive from 2.99% to 4.85% returns on cash reserves. Alternatively, greater flexibility on deposits and withdrawals that can be made in EUR, USD, CHF, GBP and many other currencies and free of charge from Business Banking accounts.
Corporate clients of Bitpanda Business, then, have the possibility to invest in over 3,000 digital assets, including criptovalute, precious metals, stocks, and ETFs.
The B2B product of Bitpanda has already conquered over 3000 European companies from various sectors, including agriculture, real estate, private equity, IT services, e-commerce, and wholesale trade. Its new features will be available for client companies of any size.
Bitpanda Business and the growth of the B2B app that involves cryptocurrencies
The innovations introduced on Bitpanda Business prove to be a response to the strong increase in demand from companies looking for a safe and secure way to manage their reserves.
In this regard, Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, commented:
“We have already created an interesting offer for companies of all sizes to earn on their liquidity reserves, while unlocking the possibility to buy and store cryptocurrency assets in a secure and regulated manner.
With Bitpanda Business, our corporate clients use the most regulated cryptocurrency platform in Europe and can choose from over 400 cryptocurrencies and 3,000 digital assets. In the future, corporate clients will be able to rely on an even better service, more personalized support, and a smoother onboarding process, so they can manage their finances in a secure, simple, and confident manner.
The new 500,000 registered users in Q2 2024
Recently, Bitpanda announced that only in Q2 2024 it added 500,000 new users to its crypto trading platform.
Thus, while on Bitpanda Business there are 3000 companies using the B2B app, the crypto broker has already conquered a total of 5 million retail investors.
Specifically, it seems that the fintech unicorn Bitpanda, which was founded in 2014, is increasingly accelerating its growth and expansion.
In fact, while in 2019 the total number of users on the platform was only 1 million, in 2023 it reached 4 million and in the second quarter of 2024 (that is, in the month of June), the total number rose to 5 million.