Polish fintech XTB has launched two new products as part of its 2024 expansion. The company unveiled a virtual wallet with a multi-currency card, supporting seven currencies including EUR, USD, and PLN. Already available in Portugal and the Czech Republic, it will launch in Poland soon. The card offers enhanced security features like two-factor authentication and instant spending control.
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XTB also introduced Individual Retirement Accounts (IKE) for Polish investors, allowing retirement savings with tax benefits. These accounts offer access to a wide range of Polish and international stocks, including fractional shares for smaller investments. The company plans to roll out desktop access for IKE in 2025.
XTB’s CEO, Omar Arnaut, emphasized the company’s growth, with 80% of first-half 2024 transactions involving stocks and ETFs. The broker’s revenue reached $938 million, with net profits of $463 million and 232,000 new clients added this year.
