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Penta is a digital bank account for SMEs and startups designed to let business owners save time and money on banking. The vendor says it offers more features than traditional banks, such as the ability to get multiple Mastercards per company or low foreign transfer rates.
Penta says its 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 launched in Germany in January 2018 and will be expanding to other European countries soon.