Fabrick and Bitpanda to offer White Label Solution for Italian banks and brokers
Fabrick clients won’t have to build the technical infrastructure from scratch. The trading technology firm has already designed the market-ready solution which is integrated with Bitpanda for trade execution and custody of assets.
Bitpanda will be facilitating access to digital assets trading for the end-consumers of Italian traditional banks and fintechs via partnership with Italian Open Finance provider Fabrick.
The White Label Solution from Bitpanda features a portfolio of more than 170 digital assets, enabling both established and innovative new players to accelerate their digital transformation by offering their customers access to digital assets such as cryptocurrencies, fractional stocks, ETFs, and precious metals, as well as custody and wallet services.
Bitpanda has grown rapidly with the ambition to become one of Europe’s leading investment platforms with its low-cost offering. It offers commission-free fractional stocks, cryptocurrencies, and precious metals, from as little as 1€.
Fabrick has partnered with Bitpanda for its White Label Solution. By connecting its services to Bitpanda’s backend tech through a set of APIs, Fabrick is allowing its customers to gain access to Bitpanda’s tool, portfolio monitoring, and future asset trading, while interacting with Fabrick’s front end.
Fabrick clients won’t have to build the technical infrastructure from scratch. The trading technology firm has already designed the market-ready solution which is integrated with Bitpanda for trade execution and custody of assets.
Orlando Merone, Country Manager Bitpanda Italy, said: “Bitpanda has been successfully enabling people to invest in cryptocurrencies, commission-free fractional stocks, ETFs, and precious metals through its investment platform used by more than 3 million users across Europe. We are delighted to announce our strategic partnership with Fabrick, which will accelerate the digital transformation of the Italian banking ecosystem, enabling both established and innovative players to offer their clients digital assets, as well as custody and wallet services.”
Paolo Zaccardi, Co-founder and CEO of Fabrick, commented: Fabrick is proud to partner with a trusted operator such as Bitpanda and consequently make a truly innovative and accessible investment service available in Italy through our Open Finance ecosystem.
“The collaboration is a testament to Fabrick’s philosophy and belief that when different players in the financial ecosystem work together, it enables all operators to easily integrate new services and quickly respond to the needs of their customers and emerging market demands. The co-creation of highly customised digital projects for the benefit of the end-customer is amongst Fabrick’s key goals and an increasingly rich Open Finance ecosystem is making this possible.”
Bitpanda has recently opened a new office in Milan and is expanding the local team as it expects to reach 100,000 customers within the year.
