Buy bitcoin directly in the banking app? This is exactly what Banca Generali offers!

What was previously only possible on real Bitcoin exchanges is now changing suddenly: the Italian Banca Generali has an integrated Conio app that enables all customers to purchase Bitcoin directly via the app.

The plan is to offer direct and integrated Bitcoin trading at Banca Generali from the beginning of 2022, as reported by various media. This option should be made possible with the help of the wallet app Conio. Specific information about the bank’s plans can be found in a section of the “We Wealth” magazine. Thanks to the app, the approx. 300,000 customers of Generali Bank are authorized to create a Bitcoin wallet directly via their own bank accounts. The Italian bank has invested several million US dollars in the Conio app to enable the full potential and good opportunities for customers.

The Chief Operation Officer and Head of Innovation at Bank Generali, Riccardo Renna, was very satisfied with the development. He sees the integration of the app as a further step towards completing the company’s own services and platforms. At the same time, the boss also stated that this asset class is an option that could be risky if used incorrectly.

Basically, it is planned to expand the Generali Bank’s mobile banking app with Conio and to interlink the systems. All customers of the bank benefit from this and have direct access via their own wallet to purchase bitcoins. Salespeople can also use their own access so that complete administration can be carried out. A great advantage for customers is that no further account with a further login is required. Customers can carry out and manage all financial transactions via one access. An optimal solution that will drive the development of Bitcoin. With this simple method, the potential for Bitcoin increases significantly, as other banks will follow suit.

Will the Sparkasse have a Bitcoin wallet in the future?

The Sparkasse and other banks such as Commerzbank are working on projects to introduce their own crypto services. The banks do not yet know when the introductions will take place. Because of the many advantages for customers and banks, how the number of providers will increase significantly in the future.

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Buy bitcoin directly in the banking app? This is exactly what Banca Generali offers!