Penta

Post-Takeover, SMB Bank Penta Secures Latest Funding
Post-Takeover, SMB Bank Penta Secures Latest Funding
August 07, 2019  |  Investments

About two years since launching its small business bank account service, challenger bank Penta announced new funding. Reports in Bloomberg this week said Germany-based Penta...

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Penta Hires CEO From Banking-as-a-Service Provider
Penta Hires CEO From Banking-as-a-Service Provider
June 04, 2019  |  B2B Payments

Germany-based digital small business bank Penta has announced its new chief executive officer. According to a report on Monday (June 3), Penta is bringing Marko...

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Developers Enter The World Of Banking
Developers Enter The World Of Banking
December 18, 2017  |  B2B Payments

Following the global financial crisis and a pullback among banks from small business (SMB) lending, some jurisdictions have recently begun introducing new initiatives to entice...

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Challenger Banks Penta, Arro Debut Small Business Accounts
Challenger Banks Penta, Arro Debut Small Business Accounts
December 13, 2017  |  B2B Payments

Two challenger banks in the European Union — U.K.-based Arro and Germany-based Penta — both announced Tuesday (Dec. 12) that their small- and medium-sized business (SMB)...

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Penta Launches To Help SMEs Cherry-Pick Banking Services
Penta Launches To Help SMEs Cherry-Pick Banking Services
March 13, 2017  |  B2B Payments

Small business and startup banking company Penta, based in Germany, is teaming up with solarisBank for faster access to bank accounts. An announcement Friday (March...

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