Bitpanda Expands into the Middle East
A team under the direction of Walid Benothman will lead Bitpanda's MENA office at the DMCC Crypto Center in Dubai.
Bitpanda, a European fintech and Austria's first unicorn company, has unveiled its plans to expand to the Middle Eastern market with the introduction of Bitpanda MENA.[1]
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This expansion will help banks, fintech entities, (neo-)brokers, and crypto-native firms across the Middle East collaborate with Bitpanda Technology Solutions (BTS) to swiftly launch tailored trading solutions.
Once Bitpanda MENA secures its local license later this year, partners can anticipate deploying trading solutions in as little as three months.
BTS currently facilitates trading infrastructure for over 20 million customers throughout the continent.
A team under the direction of Walid Benothman will lead Bitpanda's MENA office at the DMCC Crypto Center in Dubai, with the goal of customizing offerings for the regional market.
Founded in 2014 by Eric Demuth, Paul Klanschek, and Christian Trummer, Bitpanda GmbH is an Austrian company headquartered in Vienna. Bitpanda's mobile app provides access to its trading platform, which provides a cryptocurrency exchange, commodities and securities trading, and ETFs.