Penta, the German challenger bank account for SMEs, raises €7M Series A

Penta, the German fintech startup that offers a digital bank account targeting SMEs, has raised €7 million in Series A funding. Backing the company once again is Inception Capital, with total funding now at €10 million since Penta was founded in May 2016. Launched in Germany in December, and powered by Banking-as-a-Platform solarisBank (rather than […]

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Penta, the bank account for SMEs, adds multi-card support to manage expenses

Penta, the German fintech startup that offers a digital bank account targeting SMEs, has launched multi-card support to make it easier to manage company expenses. Dubbed ‘Team Access,’ the new feature — which affords similar functionality to the likes of Pleo, Spendesk, and Soldo — lets business owners issue multiple MasterCards to employees who need […]

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