Bitpanda

Crypto service provider · Vienna, Austria

Bitpanda GmbH is a Vienna-based trading platform, founded in 2014, that lets retail and business customers buy, sell and hold cryptocurrencies, stocks, ETFs, and precious metals from a single app. The parent entity itself is licensed by Austria's FMA as a crypto-asset service provider under the EU's MiCAR framework since April 2025; its group's separate electronic money and payment-institution licences sit with a sister company, Bitpanda Payments GmbH. The company serves 7.4 million users and reported EUR 371 million of adjusted revenue in 2025, up 16% year over year, as it invests ahead of a planned Frankfurt stock exchange listing. Bitpanda Business accounts, aimed at companies wanting exposure to digital assets, are open to businesses registered in 45 European countries.

Legal name: Bitpanda GmbH
Regulated by: Austrian Financial Market Authority (FMA) - crypto-asset service provider under MiCAR (Bitpanda GmbH), Austrian Financial Market Authority (FMA) - e-money/PSD2 licence held by sister company Bitpanda Payments GmbH, Austrian Financial Market Authority (FMA) - MiFID II investment firm licence held by sister company Bitpanda Financial Services GmbH, UK Financial Conduct Authority (Bitpanda Broker UK Ltd), Dubai Virtual Assets Regulatory Authority (Bitpanda Broker MENA DMCC), BaFin (Bitpanda Asset Management GmbH, Germany, MiCAR CASP)
Licence confirmed: yes, on a regulator's own list
Established: 2014
Website: www.bitpanda.com

Scores, 0 to 10

9.0Ethereum

ETH and hundreds of tokens are available to business accounts, and more than 50 tokens can be staked from the same account. · source

8.5On-ramp: buy crypto with fiat

Companies deposit EUR, USD, CHF or GBP free of charge by bank transfer, card or other methods and buy from 680+ crypto assets 24/7, with a 0.99% trade fee on bitcoin and stablecoins. · source

8.5Bitcoin

Business accounts buy, hold, send and receive BTC under the MiCA licence, with savings plans, limit orders and margin up to 10x; no BTC-backed loans were found. · source

8.0Crypto wallet and custody for a business

Bitpanda Business accounts hold crypto in offline wallets under Bitpanda GmbH's Austrian MiCA CASP licence for custody dated 9 April 2025, with no account or custody fees; onboarding takes 2-4 weeks and transfers are limited to same-name bank accounts. · source

8.0Off-ramp: crypto to fiat in a business account

Crypto sells back to fiat inside the business account and withdraws to bank accounts in the company's own name, in the same currencies used for deposits. · source

7.5Stablecoins (USDC, USDT and others)

Businesses hold and transfer stablecoins such as USDC and EURCV and can earn up to 7% APY on them (not in Austria), but there is no stablecoin payout or supplier payment tool. · source

6.5Europe (EU, EEA, Switzerland)

Bitpanda GmbH's MiCAR crypto-asset service provider licence from Austria's FMA is passported across the EEA, and Bitpanda Business is open to companies registered in 45 European countries. · source

6.5Customer satisfaction

Trustpilot rates bitpanda.com 4.1 out of 5 from 15,718 reviews, with 73% five-star. · source

6.0Crypto-friendly bank

Bitpanda Enterprise offers custody, liquidity, payment and stablecoin services to trading firms, brokers and corporate treasuries, a real crypto-business offer, though Bitpanda GmbH is not itself a deposit-taking bank. · source

6.0Business cards (Visa, Mastercard)

The Bitpanda Visa debit card has no issuance or monthly fee and no FX fee on non-EUR spend, but charges a 2% (minimum EUR 2) ATM withdrawal fee. · source

5.0Fast digital onboarding

Individual verification is automated and same-day in supported countries, but business accounts require a Legal Entity Identifier and manual review with no published turnaround time. · source

5.0Financial strength & stability

FY2025 adjusted revenue of EUR 371 million (+16%), but adjusted EBITDA fell to EUR 13 million from EUR 52 million as spending rose ahead of a planned Frankfurt IPO; privately held and unrated. · source

4.5Lowest fees

Trading fees range from 0.00% to 2.49% depending on asset and payment method, and the debit card carries no issuance or monthly fee. · source

4.0United Kingdom

Bitpanda relaunched in the UK in August 2025 through the separately FCA-registered Bitpanda Broker UK Ltd, a different legal entity from Bitpanda GmbH. · source

4.0Middle East & Gulf

Bitpanda Broker MENA DMCC is regulated by Dubai's Virtual Assets Regulatory Authority, again a separate group entity from Bitpanda GmbH itself. · source

4.0Foreign-owned & non-resident companies

Business accounts are limited to companies registered in a published list of 45 European countries; businesses outside that list cannot register. · source

3.0Cross-border payments, FX and multi-currency accounts

The Bitpanda Card removes its own FX markup on non-EUR card spend, but there is no multi-currency business account or cross-border payment product. Bitpanda Business lets companies hold and manage digital assets, but there is no published multi-currency cash pooling or hedging product. · source

3.0Fintech companies that need a partner bank

The group's own EMI licence sits with sister company Bitpanda Payments GmbH; Bitpanda GmbH publishes no safeguarding-account or agency-banking product of its own for other EMIs. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

No published policy on gambling, adult-entertainment or cannabis verticals was found. · source

2.5Startups & VC-backed companies

Bitpanda Business onboards companies wanting digital-asset exposure, but has no venture-debt or startup-specific programme. · source

2.5Accept crypto payments

Business accounts can send and receive crypto on-chain under Travel Rule checks, but Bitpanda offers no merchant checkout, invoicing or settlement product for accepting crypto from customers. · source

2.0Best interest on business balances

No published interest or treasury-yield product on cash or crypto balances was found. · source

2.0Online businesses: e-commerce and SaaS

No merchant acquiring or e-commerce collection product is published; Bitpanda's business product is asset custody and trading, not payment acceptance. No product aimed at SaaS or subscription businesses is published. · source

1.0Trade, manufacturing & import-export

No trade finance, letters of credit or supply-chain finance product exists. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.