Bitpanda’s B2B app for cryptocurrencies, Bitpanda Business, has launched new improvements for its business clients, with new perks available with no administration fees.
Bitpanda Business: What’s new for your B2B app that deals with cryptocurrencies?
Bitpanda Business, Bitpanda’s B2B product for businesses, has introduced new improvements to its cryptocurrency-related app.
Best of all, there will be no fees for business accounts, crypto storage or any other type of investment – ​​everything will be free.
Other news concerns Bitpanda Cash Plus, which allows businesses to receive yields of 2.99% to 4.85% on their cash reserves, as well as increased flexibility to deposit and withdraw funds fee-free from their business banking accounts in a number of currencies, including EUR, USD, CHF and GBP.
Bitpanda Business’s corporate clients can invest in over 3,000 digital assets, including cryptocurrencies, precious metals, stocks, and ETFs.
Bitpanda’s B2B product has already attracted over 3,000 European companies from various sectors, including agriculture, real estate, private equity, IT services, e-commerce and wholesale, and its new features will be available to client companies of all sizes.
Bitpanda Business and the growth of B2B apps dealing with cryptocurrency
The innovations introduced by Bitpanda Business appear to be in response to a surge in demand from businesses looking for a safe and secure way to manage their reserves.
In this regard, Bitpanda Deputy CEO Lucas Enzersdorfer Conrad commented:
“We already have an interesting offer in place that opens up possibilities for businesses of all sizes to buy and store crypto assets in a safe and regulated way, while benefiting from liquidity reserves.
With Bitpanda Business, corporate clients can use Europe’s most regulated cryptocurrency platform and choose from over 400 cryptocurrencies and 3,000 digital assets. In the future, corporate clients will have access to even better service, more personalized support and a smoother onboarding process, allowing them to manage their finances safely, simply and confidently.
500,000 new registered users in Q2 2024
Recently, Bitpanda announced that it added 500,000 new users to its cryptocurrency trading platform in the second quarter of 2024 alone.
Thus, while Bitpanda Business has 3,000 companies using its B2B app, the crypto broker has already attracted a total of 5 million retail investors.
Specifically, Bitpanda, a fintech unicorn founded in 2014, appears to be continuing to grow and expand at an accelerating pace.
In fact, in 2019, the total number of users on the platform was just 1 million, but in 2023 it reached 4 million, and in Q2 2024 (i.e. June) the total number increased to 5 million.
