Solaris Secures Bitpanda as New Partner for KYC Platform

Solaris, Europe’s leading embedded finance platform, is proud to welcome Bitpanda, Europe’s premier crypto platform, to its KYC platform. Bitpanda will utilize Solaris’s fully digital and scalable KYC solution, Bankident, to identify customers in Germany.

This partnership marks an exciting new chapter in the ongoing collaboration between Solaris and Bitpanda, with Solaris already serving as the issuer and processor for Bitpanda’s debit card program across the European Economic Area.

Joerg Diewald, Chief Commercial Officer at Solaris, stated: “We are proud to provide our market-leading identification method for Bitpanda. By using Bankident, Bitpanda will benefit from a secure and compliant solution that enables its customers to identify themselves within seconds, thereby increasing conversion rates. Providing scalability to partners is at the heart of Solaris, and we support Bitpanda in its growth journey.”

Solaris offers a range of digital identification service components via RESTful APIs. Its KYC platform complies fully with anti-money laundering laws and can be tailored to meet the specific needs of a company, empowering partners to control the customer journey from start to finish while maintaining consistent corporate branding.

Maik Brodowski, Commercial Lead Germany at Bitpanda, added: “To enable our customers to start trading within minutes, we aim 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.”