Bitpanda will leverage Solaris full digital and scalable KYC solution Bankident to identify customers in Germany.

This signals an exciting new chapter in a longstanding partnership between Solaris & Bitpanda, with Solaris already acting as issuer and processor for Bitpanda’s debit card programme across the European Economic Area.

Joerg Diewald, Chief Commercial Officer at Solaris said: “We are proud to be providing our market-leading identification method for Bitpanda. Through using Bankident, Bitpanda will benefit from a secure and compliant solution that enables its customers to seamlessly identify themselves within seconds, which in turn helps to increase conversion rates. Providing scalability to partners is at the heart of Solaris, and support Bitpanda in its growth journey.”

Solaris provides a multitude of digital identification service components via RESTful APIs. Its KYC platform is fully compliant with anti-money laundering laws and can be adapted to the specific needs of a company, empowering partners to own the customer journey from start to finish while keeping consistent with corporate branding.

Maik Brodowski, Commercial lead Germany at Bitpanda added: “To enable our customers to start trading within minutes, we strive to consistently provide a secure, compliant, seamless, and accessible experience when creating and opening their Bitpanda account, regardless of the market. Solaris’s Bankident KYC solution empowers us to achieve this goal in Germany. We are excited to extend our partnership with Solaris.”