#Spain #Madrid #Fintech #Bit2Me #Bankinter

Bankinter Partners with Bit2Me in €30 Million Investment

Bankinter, a leading Spanish bank, has officially joined forces with Bit2Me, a prominent digital asset company catering to the Spanish-speaking market. This collaboration stems from a recent funding round that raised an impressive €30 million. The strategic investment allows Bankinter to acquire a stake in Bit2Me, reinforcing its commitment to innovation within the fintech sector.

Exploring Synergies and Technological Innovation

The primary goal of this partnership is to explore technological synergies and share knowledge between the two entities. This collaboration highlights Bankinter's dedication to enhancing its technological capabilities through strategic investments in fintech startups like Bit2Me. The bank aims to stay ahead of future trends in the evolving financial landscape by aligning with innovative partners.

As part of the agreement, Bit2Me plans to leverage its newly acquired European regulatory license, which it obtained on July 29th, to accelerate its expansion throughout the European Union. Additionally, the partnership is set to strengthen Bit2Me’s presence in Argentina and other Latin American countries, solidifying its position as a key player in the cryptocurrency ecosystem across Europe and beyond.

Bankinter's Commitment to Innovation

Bankinter is recognized as the fifth largest bank in Spain and a resilient entity among eurozone listed organizations, as acknowledged by the European Banking Authority. Known for its profitability and operational efficiency, the bank has been an industry leader, pioneering digital banking solutions since its inception 60 years ago. It was the first to introduce mobile banking services in Spain, followed by establishing the first digital brokerage and robo-advisor from a bank.

Pioneering in Fintech Solutions
The strategic partnership with Bit2Me underscores Bankinter's ongoing commitment to technological innovation and its goal to collaborate with specialized fintech startups. Bankinter's approach focuses on integrating strengths rather than competing, demonstrating their understanding of the unique opportunities within the Spanish and European financial markets.

Pablo Casadío, CFO of Bit2Me, emphasized the positive implications of this alliance, stating, “This partnership confirms that the banking sector can benefit from our advanced industrial expertise to enhance its offerings. Spain and Europe present a unique context, and with our solid technological and regulatory foundation, Bit2Me is the ideal partner for financial institutions seeking to navigate the crypto environment securely.”

Bit2Me's Vision and Future

Bit2Me, Spain's first registered cryptocurrency services provider, has been instrumental in building robust crypto infrastructures for over a decade. With multiple certifications for cybersecurity and regulatory compliance, its reputation as a reliable exchange platform has positioned it favorably in the market. The company's educational initiative, Bit2Me Academy, aims to promote cryptocurrency adoption, offering extensive resources and certified courses in Spanish, catering to a growing audience eager to learn about digital assets.

This partnership not only strengthens Bankinter's role in the fintech ecosystem but also reinforces Bit2Me's capacity to expand its offerings securely and responsibly. As both entities move forward, they will create a powerful synergy that combines expertise in banking and blockchain technology, steering the future of digital finance in Europe and beyond.

For more information, visit www.bit2me.com.