Penta is the digital platform for business banking aimed at SMEs and startups with a mission to disrupt business banking in Europe and worldwide.
Penta offers more features than traditional banks, such as the ability to get multiple Mastercards per company, low foreign transfer rates, fast online support in English & German, flexible pricing, and more.
Penta was founded in 2017 by Lav Odorović, Luka Ivicevic, Jessica Holzbach, Aleks Orlic, Igor Kuschnir, and Sir Gabriel Holbach. The company is headquartered in Berlin, Germany.
Penta's vision is to build a platform of connected services around a bank account which would allow business owners to use one platform for all their financial needs.
Penta is designed to let business owners save time and money on banking so that they can focus more on their core business.
Penta is backed by HV Holtzbrinck Ventures, RTP Global, Finleap, ABN AMRO Ventures, Berliner Volksbank Ventures, Fabrick and others. The company raised an additional €4M to expand its Series B round to €22.5M on Jul 07, 2020. This additional financing brings Penta's total funding to €39.7M to date.