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The cooperation will enable small businesses to access online loans quickly and easily through Penta. Penta further expands services for its more than 13,000 corporate customers.
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.”