Fibank has signed a strategic partnership agreement with Bitpanda to offer crypto asset services through the My Fibank mobile app, as announced in a press release on October 16, 2026. This initiative makes Fibank the first financial institution in Bulgaria to facilitate crypto asset trading.
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Unlike traditional financial assets, these digital assets lack guarantees or compensation schemes. Customers will be able to utilize Bitpanda's tools for managing and tracking their digital investments.
Nikola Bakalov, CEO of Fibank, stated, "Customer financial habits are evolving rapidly, and it is vital for My Fibank to innovate alongside them. The partnership with Bitpanda is a natural next step in the development of the application as a digital platform through which customers can conveniently use an ever-wider range of financial solutions. For us, it is particularly important that this new opportunity is being realized alongside an established European technology partner and in compliance with applicable regulatory requirements."