Penta Bank raises €7.5m in extended Series B funding round
German challenger bank brings total raised this round to €30 million.
Penta Bank
German business bank Penta raises €7m
The bank’s kicks off its Series A successfully.
New digital bank for SMEs gearing up for launch in Germany
Penta Bank is a new digital banking player in Germany working towards a spring 2017 launch. Penta’s initial target market will be German and French SMEs. “Our target businesses are funded start-ups and SMEs that are cashless,” says Luka Ivicev, Penta’s head of product. Penta has been in the making since February this year. Usability […]
