Fibank of Bulgaria collaborates with Bitpanda to integrate cryptocurrency assets
On October 12, 2026, Bulgarian bank Fibank (First Investment Bank) signed a strategic cooperation agreement with the Austrian licensed cryptocurrency service provider Bitpanda GmbH. The cooperation will allow Fibank customers to directly access cryptocurrency asset service technology provided by Bitpanda through the My Fibank mobile application. The article states that Fibank thus becomes the first bank in Bulgaria to offer integrated cryptocurrency trading access to its customers.Customers can apply and, once approved, use the related services through the embedded Bitpanda interface in My Fibank around the clock, with a minimum investment threshold of 1 euro. The cryptocurrency asset services are provided by Bitpanda, and access depends on Bitpanda's acceptance of potential customers and its applicable terms and standards. The article explains that these digital products are different from traditional deposits and financial instruments, and do not come with guarantees or compensation plans.Fibank CEO Nikola Bakalov stated that the cooperation with Bitpanda is the next step for My Fibank to expand financial services as a digital platform, emphasizing collaboration with European technology partners and compliance with applicable regulatory requirements. Bitpanda Enterprise's global head Nadeem Ladki stated that the two parties will bring cryptocurrency services to over 1 million customers in Bulgaria. Fibank claims to be the largest bank in Bulgaria by capital holdings, with core operations in Bulgaria and branches in Cyprus and a subsidiary in Albania.
