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Penta, the digital platform for business banking, expands its customer group to include further type of businesses to serve more traditional midcap companies. The Berlin-based Fintech is partnering with SumUp to offer the card reader to its customers.
Penta starts its international expansion together with solarisBank, the technology company with a banking license. Italy is the first country outside Germany where Penta offers its business banking product, starting with immediate effect.
Penta, the digital platform for business banking, rolled out its first billboard campaign, targeting the most prominent spots in Berlin, Germany. CEO Marko Wenthin: “With #BYE BYE BANKS, we are pointing out that the end of traditional banking is near.”
HV Holtzbrinck Ventures is one of the largest European venture funds. In the last few months Penta has experienced significant customer growth, extended its management team and developed from a business banking provider to a full financial service platform for companies