Penta apparently valued at more than 100 million euros
Tom Schmidtgen
| 17.08.2021
The banking start-up receives a further 15 million euros from existing investors. This brings the total investment to just under €60 million.
Penta is raising money again. This time, 15 million euros are being added by existing investors, reports Finance Forward. This brings the total investment in the Berlin-based fintech to about €60 million. The company is thus valued at more than €100 million, according to sources close to the start-up, writes Finance Forward.
Penta offers accounts for small businesses and startups. The fintech also wants to target SMEs more specifically. Fees for the various accounts range from €9.90 to €49.90. Penta scrapped the free account last year. In February this year, the fintech said that 30,000 customers had an account with Penta. In the same month, Penta raised its Series-B to €30 million. The latest round is led by Amsterdam-based ABN Amro Ventures. Other investors include Finleap, HV Capital, RTP Global, Presight Capital S7V and VR Ventures. Markus Pertlwieser has been CEO of Penta since mid-February. He came from Deutsche Bank where he was head of digital.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Investor
2017
München
Accelerator
2014
Berlin
Startup
2018
Berlin
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
