Fibank Bitcoin Integration: First Bank in Bulgaria to Offer Crypto Trading

First Investment Bank, widely known as Fibank, has announced a landmark partnership with Bitpanda Enterprise. This collaboration will bring cryptocurrency trading directly to the My Fibank mobile app. 

It marks a significant shift for the Bulgaria crypto bank sector, as it becomes the first bank in the country to offer such services to its extensive customer base. 

This article explores the details of the partnership, the timeline for the launch, and what it means for the future of banking in the region.

Key Takeaways

• Fibank is the first Bulgarian bank to integrate crypto.
• The service will launch in early 2027.
• Over one million customers will gain access via the My Fibank app.

The Bulgaria First Investment Bank Bitcoin Partnership

Fibank has partnered with Bitpanda Enterprise, the institutional infrastructure arm of the Austrian fintech company. The goal is to integrate crypto investing into the My Fibank app. This move makes Fibank the first bank in Bulgaria to offer crypto within its mobile application.

The service will provide more than one million Fibank customers with access to digital assets alongside their existing banking services. Nadeem Ladki, Global Head of Bitpanda Enterprise, commented on the shift. 

He noted that digital assets are becoming part of mainstream finance, and banks are playing a central role in that shift.

Nikola Bakalov, CEO of Fibank, emphasized that customer financial habits are evolving rapidly. He stated that the partnership with Bitpanda is a natural next step in developing the application as a digital platform. 

He also highlighted the importance of implementing this opportunity alongside an established European technology partner and in compliance with applicable European requirements.

Read also: Bitcoin 20-Year Investment Return: Expectations vs. Real ROI

When Will Fibank Offer Bitcoin?

The Fibank crypto trading launch date is slated for early 2027. This timeline gives the bank and Bitpanda Enterprise time to integrate the necessary infrastructure. The underlying technology and capabilities will be provided by Bitpanda Enterprise.

This partnership reflects a broader trend in how consumers access digital assets. The first phase of crypto adoption was largely driven by crypto exchanges and native users. Now, digital assets are increasingly becoming part of the banking and financial services people already use. 

Bitpanda Enterprise currently provides digital asset access to end users across the EU, the UK, the UAE, and Latin America. Its partners include major institutions like N26 and Societe Generale.

How to Buy Crypto on the My Fibank App

Once the service launches, the My Fibank mobile app cryptocurrency update will allow users to buy, sell, and hold digital assets. The process is designed to be seamless. Customers will not need to navigate external crypto exchanges. 

Instead, they will access crypto services directly through the app they already use for traditional banking.

The First Investment Bank crypto services will be powered solely by Bitpanda. This ensures a secure and regulated environment for users. The integration aims to simplify access to institutional grade digital asset infrastructure for everyday consumers.

Read also: Bitcoin Q3 ETF Inflows 2026: Reversal of Crypto ETF Outflows Nets $6.34B

FAQ

When will Fibank offer Bitcoin?

The service is expected to launch in early 2027.

How to buy crypto on My Fibank app?

Once launched, users can access crypto investing directly within the My Fibank app using infrastructure provided by Bitpanda Enterprise.

Is Fibank the first bank in Bulgaria to offer crypto?

Yes. Fibank is the first bank in Bulgaria to integrate access to crypto assets directly into its mobile application.

Who provides the technology for this integration?

Bitpanda Enterprise provides the underlying digital asset infrastructure and capabilities for the service.

How many customers will this affect?

More than one million Fibank customers will gain access to digital assets through this partnership.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.