Tagged: penta

SME Focused Digital Bank Penta Tops 10,000 Business Customers

Berlin based digital bank Penta has announced that after only 18 months of operation it has acquired over 10,000 business customers. User numbers have increased over 200% in the past two months, according to a release. Penta is a partner of Berlin-based solarisBank. In August,… Read More

Penta Secures €8 Million Through Latest Investment Round led By HV Holtzbrinck Ventures

Digital bank Penta announced on Monday it secured €8 million through its latest investment round, which was led by HV Holtzbrinck Ventures. Founded in 2017, Penta describes itself as a digital platform for business banking that is aimed towards SMEs and startups. Its key mission… Read More

Digital Bank Penta Announces New CEO, Co-Founder of solarisBank Marko Wenthin

Digital challenger bank Penta has appointed a new Chief Executive Officer. Marko Wenthin, co-founder of solarisBank, will move into the CEO role joining the management team consisting of Jessica Holzbach, Chief Customer Officer, Luka Ivicevic, Chief of Staff, Lukas Zörner, Chief Product Officer and Matteo Concas,… Read More

German Fintech FinLeap Announces Acquisition of Digital Business Banking Solution Penta

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Tuesday it has acquired digital business banking solution, Penta. According to FinLeap, Penta offers fast and easy business banking for digital companies. Penta, which counts over 5,500 digital businesses like AirHelp, bepro11, and Global Digital… Read More

Digital Bank Penta Launches New Team Feature for Businesses

Digital bank Penta has launched a new feature entitled “Team Access,” where founders and co-workers may better manage expenses. Services similar to this are frequently found in large enterprise software programs or may be leveraged as a separate service. Penta is seeking to differentiate itself… Read More

Fintech Penta Launches “Compass” to Help Businesses in Germany Incorporate Faster, Less Expensive

Penta, a Berlin-based Fintech, has announced a new feature to digitize company formation in Germany. Penta has launched “Compass” a platform that enables businesses to incorporate, create a share structure and open a bank account in less than 24 hours unlike the weeks long process… Read More

Challenger Bank Penta Raises €2.2 million Seed Funding One Month After Launch in Germany

Berlin based Penta, a challenger bank for startups and businesses, has raised €2.2 million in seed funding just one month after launching in Germany. The investment round was led by Inception Capital, a Fintech focused VC based in the UK. Penta is a partner of Berlin… Read More

German Challenger Bank Penta Throws Shade at Transferwise Borderless Debit Card Announcement

Yesterday, Transferwise, the UK based Fintech Unicorn, announced it had launched a borderless debit card for a group of trial users. Basically it is a current account that can be used anywhere minus the silly fees banks charge consumers. Transferwise will commence a wide release… Read More

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