Penta, a digital platform for business banking aimed at SMEs and startups, has announced a partnership with the card reader giant, SumUp. Post this collaboration, the Berlin-based fintech startup will strive to serve customers like restaurants, craftsmen, healthcare, and architects.
To date, Penta was available to small and medium-sized companies that, by design, were more online savvy and eager to avoid the hassle with traditional banks. With the SumUp partnership and its move into the conventional midcap sector, Penta ́s position is strengthened as a platform for both online and tech-savvy businesses as well as traditional and offline businesses.