Penta logo — Penta provides a digital bank account for startups and SMEs...

Penta

Penta provides a digital bank account for startups and SMEs with all banking needs covered. Saves time and money.

Founded 2016 Germany Berlin, Germany 24 employees Acquired Total: $62.20M Financial Services, Fintech +1

General Information

Company Name Penta
Founded Year 2016
Location Germany Berlin, Germany
Employees 24
Industries Financial Services, Fintech, Banking
Funding Stage Acquired

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About Penta

Penta, founded in 2016, is a key player in the Fintech industry, headquartered in Germany. The company offers a robust digital banking solution aimed at startups and SMEs, claiming to cover all banking needs and aiming to save both time and money for its users.

Penta's strategic focus is on developing a comprehensive banking platform that integrates various services tailored for small to medium-sized enterprises. By automating and streamlining banking processes, Penta provides business owners the freedom to focus on their core operations instead of day-to-day financial tasks.

The company recently secured an acquisition investment from Qonto on 01 July 2022, signaling strong market validation and strategic interest from leading industry players. This positions Penta well for continued growth and strengthens its competitive edge in the dynamic Financial Services landscape.

Taxonomy: digital banking, business banking, startups, SMEs, cashflow management, bank account automation, invoice automation, online banking services, banking platform, cashless transactions, banking experience optimization, resource streamlining, banking innovation, fintech disruptor

Services & Products

Business Bank Accounts
Financial Management Tools
AI-Driven Financial Assistance
Integrated Accounting and Finance Solutions
Quick Business Registration Services

Target Customers

Startups Small and Medium Enterprises Freelancers Entrepreneurs Consulting Firms

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Jul 2022
Series B •••••• 5
Investor Investor Investor Investor Investor
01 Aug 2021
Series B •••••• 8
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
01 Feb 2021
Series B •••••• 3
Investor Investor
•••• ••••
01 Jul 2020
Series B •••••• 5
Investor Investor Investor Investor
•••• ••••
01 Mar 2020

View All 9 Funding Rounds

Penta Alternatives & Competitors

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FAQ About Penta

Penta provides a digital bank account for startups and SMEs with all banking needs covered. Saves time and money.
Penta was founded in 2016.
Penta is headquartered in Berlin, Germany.
Penta operates in the following industries: Financial Services, Fintech, Banking.
Penta has approximately 24 employees.
Penta has completed 9 funding rounds, raising a total of $62.20M. The latest funding stage is Acquired.
Penta offers: Business Bank Accounts, Financial Management Tools, AI-Driven Financial Assistance, Integrated Accounting and Finance Solutions, Quick Business Registration Services.
Top alternatives and competitors to Penta include Penta IT Services Pvt. Ltd., Institution, AAPNA Infotheek Pvt. Ltd., Pile, Satchel. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Penta and Penta IT Services Pvt. Ltd. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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