Berlin Based Penta Secures €7 Million Funding

Inception Capital of London, while backing it one more time, has infused €7 million investment in Penta in Series A funding round on Monday.

The Berlin based financial technology startup plans to use the latest capital for the recruitment of more staff.

Founded by five serial entrepreneurs named as Aleksandar Orlic, Jessica Holzbach, Lav Odorovic, Luka Ivicevic and Sir Gabriel Holbach in April 2016, Penta is a challenger bank that provides business bank account service to small and medium size enterprises and startups. 

Previously, on Feb 5, 2018, Penta had raised seed capital worth of €2.2 million from the same Inception Capital, a London based venture capital firm.

Brenda Savoie

About Author:

Brenda Savoie is an English tutor, educational expert and a content marketing magician. She is writing her first romance novel and is seeking contentment through mindfulness

Leave A Comment

Your email address will not be published. Required fields are marked *