Penta Raises €18.5 million

Penta is a Berlin-based business bank which also has operations in Italy; RTP Global led the round with investors HV Holtzbrinck Ventures, ABN AMRO Ventures, VR-Ventures and Finleap also participating; Penta focuses on banking services for small and medium sized enterprises; Penta recently partnered with the card reader company SumUp, which is backed by BBVA; this strategy they hope will attract more offline businesses to the startup. Tech Crunch

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