In financing round: Fintech Penta secures fresh funds

It's not necessarily a lot of money, which receives the Fintech Penta: Four million euros are collected by the company, which specialises in business accounts

In financing round: Fintech Penta secures fresh funds

It's not necessarily a lot of money, which receives the Fintech Penta: Four million euros are collected by the company, which specialises in business accounts for the self-employed, investors. Thus, the company ended in March preceding financing round of € 18.5 million. New investors, among others, ABN Amro Ventures, RTP Global and the investment funds of the people's banks.

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editor in the economy.

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A little light it is. "In mid-March, we have noticed: Now all the bags are", Wenthin says CEO Marko. You have to imagine for the current year, a gloomy scenario, such that you get this year "not another Penny", so Wenthin. Have shown, what are the business models are also in times of crisis successfully. Some Start-ups in the travel industry have done it in the past year to huge ratings, now their sales have fallen to almost zero.

It was paid for Penta to have with Wirecard worked together, says Wenthin, who is also the founder of the White-Label Bank Solaris Bank. As the Wirecard Bank, this acts as a kind of Bank for Fintechs, which do not have their own banking license. The Solaris Bank could Wenthin assess, finally, quite good. For this reason, you have drawn a Wirecard as their Partner never seriously considered. Also, Wirecard was not a good Partner. At the end of June, the Solaris Bank of investors has raised € 60 million.

Updated Date: 08 July 2020, 11:20

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