Marko Wenthin becomes head of Crosscard
Tom Schmidtgen
| 07.06.2021
The former Penta CEO has a new job. Crosscard is to become the new market leader for platform banking.
Marko Wenthin will become CEO of Munich-based fintech Crosscard, Finance Forward reports. Until September 2020, Wenthin was head of fintech Penta, which he turned around in just one and a half years. Then he left for private reasons and has since taken time off in the Tyrolean Pitztal. Now the manager is back.
"The situation is not dissimilar to when I joined Penta, it's about developing a new strategy and then implementing it in a targeted way," Wenthin tells Finance Forward. Crosscard is to be completely transformed. For this, founder Philipp Nieland together Wenthin bought out the previous investors.
Crosscard already has a turnover of 16 million euros. The fintech employs 70 people in Munich and Luxembourg, where the start-up holds an e-money license. Crosscard primarily offers credit cards to large companies. Its customers include Merck and Booking.com.
The Viabuy brand is also aimed at end customers. Already 120,000 customers use an account here. "It should go in the direction of a platform offering - so that other partners can also develop their products with Crosscard's infrastructure," the new CEO tells Finance Forward.
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Startup
2018
Berlin
Penta
Digital platform for business banking providing connected services around a bank account.
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