Tagged: penta

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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