Our Story
Penta is changing how businesses do their banking.
We are on the mission to disrupt business banking in Europe and worldwide. Our 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.
Today, Penta offers more features than traditional banks, such as the ability to get multiple Mastercards per company, low foreign transfer rates, fast online support, flexible pricing, and more. The account can be opened online in simple steps via our website.
Penta’s story begins with stories of deep frustrations among bank users. Our founders, all serial entrepreneurs, many times had terrible experiences with their business banks. In February 2016, they happened to discuss the issue with a group of fellow entrepreneurs and soon after they set out on a journey to create the most advanced bank for SMEs. Penta launched in Germany in January 2018 and already reached more than 7500 customers. We will be expanding to Italy and other European countries very soon.