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Qonto and Penta join forces to strengthen European leadership in digital business finance and further accelerate growth in Germany

Paris and Berlin, July 22, 2022 - Qonto, the leading European business finance solution, announced today its intent to acquire German fintech champion Penta. The deal, which is expected to close in the next few weeks, comes amid continuous growth for both companies. This acquisition represents the logical next step in Qonto’s long-term ambition to become the finance solution of choice for one million European SMEs and freelancers by 2025.  


Created in 2017, Penta is the leading German digital business finance solution for Small- and Medium-sized Enterprises (SMEs), sole proprietors and freelancers. The company serves 50,000 customers in Germany and counts 200 employees, who are mainly based in Berlin and Belgrade. Penta is one of the rising German fintechs and has significantly contributed to the growing demand for digital finance solutions in Germany. Joining forces is a great opportunity for both Qonto and Penta and the resulting union promises to be greater than the sum of its two parts. Both companies are seeking to create more value at a faster pace for customers, not just in Germany but across Qonto's other markets. They share the same mission, culture and robust business models.


With Qonto’s brand, license and Core Banking System allied to Penta’s precious local expertise, Qonto is primed to achieve its strong ambitions for the German market.


Since its launch in France in 2017, Qonto has been committed to building the leading all-in-one finance solution for SMEs and freelancers. Qonto simplifies everything from everyday banking and financing to invoicing, bookkeeping and spend management, allowing its customers to focus on what truly matters. From the very beginning, Qonto founders Steve Anavi and Alexandre Prot have had the ambition to build a pan-European brand. The company currently serves more than 250,000 clients across four markets (France, Germany, Italy and Spain) and employs more than 700 people. 


In 2021, Germany was the fastest growing market at Qonto, with 170 percent customer growth YoY. The acquisition of Penta will enable Qonto to become the market leader in Germany - the largest SME banking market in Europe - and to further accelerate profitable growth across all markets. Combined, Qonto and Penta are creating the European digital business finance leader with more than 300 000 customers and 900 employees, who will together design the future of business banking.


“When Steve Anavi and I founded Qonto in 2016, we had the ambitious goal of simplifying everyday banking for SMEs and freelancers across Europe. Today, we’re already present in four European markets and, while I’m very proud of what we’ve achieved so far, we want to go even further: the natural next step was to join forces with Penta. We are thrilled to welcome the Penta team onboard. Together we’re going to be the finance solution of choice for one million European SMEs and freelancers by 2025!” explained Alexandre Prot, Qonto CEO.  


Markus Pertlwieser, CEO of Penta, said: "Lukas Zörner and his co-founders have written a real fintech success story. With the combination of increasing customer numbers and rising revenues, we have gained even more substance in the past 18 months. We are very excited that we now have the chance to actively shape digital banking for business customers in Europe as a team with Qonto." 


Both teams are already working intensively on the details of the future joint work, which should also offer opportunities for talent to grow within the company. The two companies intend to announce details in the coming months.


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From left to right: Lukas Zörner, Co-Founder of Penta; Steve Anavi, Co-Founder of Qonto; Markus Pertlwieser, CEO of Penta; Alexandre Prot, Co-Founder of Qonto (Copyright: Qonto/Penta)

About Qonto

Qonto is the leading European business finance solution. It simplifies everything from everyday banking and financing to bookkeeping and spend management. With its fast and innovative product, highly responsive customer service and transparent prices, Qonto energizes SMEs and freelancers so that they can achieve more. 

Founded in 2017 by Steve Anavi and Alexandre Prot, Qonto serves more than 250,000 clients in 4 countries (France, Germany, Italy and Spain) and employs more than 700 talents in Paris, Berlin, Milan and Barcelona. Since its creation, Qonto has raised a total of €622 million from Valar, Alven, the European Investment Bank, Tencent, DST Global, Tiger Global, TCV, Alkeon, Eurazeo, KKR, Insight Partners, Exor and Gaingels to support its global growth ambitions.

Qonto has been listed by the French government in the Next40 index, which brings together the 40 most promising scale-ups in France with the potential to become a global leader.

Contact for media


Penta Communications

E: press@getpenta.com

T: +49 170 33 84 868



Henric Abraham-Winter


+49 172 522 9803 








About Penta

Penta is the leading neo-bank for Small- and Medium-Sized Enterprises (SMEs), sole proprietors and freelancers. Penta’s home market is Germany, Europe's largest economy.

As a curated digital platform, Penta has an attractive offering for daily banking, a marketplace for loans, deposits and insurance from first-class partners, as well as many beyond-banking services for entrepreneurs.

Since 2017, Penta has been working alongside SMEs day by day as their digital finance expert (Digital CFO) so that entrepreneurs can concentrate fully on what they are passionate about: their customers and their business.

As a young company, Penta chose to do things differently - both in relation to its customers and also in terms of sustainability and diversity. Today, Penta has 200 employees from 30 nations serving 50,000 customers. And since 2020, Penta has been doing this in a climate-neutral way.

Über Penta

Penta ist die führende Neo-Bank für kleine und mittelständische Unternehmen (KMU) Selbständige und Freiberufler. Der Heimatmarkt von Penta ist Deutschland, die größte Volkswirtschaft Europas.

Als kuratierte digitale Plattform verfügt Penta über ein attraktives Angebot für das tägliche Banking, einen Marktplatz für Kredite, Einlagen und Versicherungen von erstklassigen Partnern sowie viele darüber hinausgehende Dienstleistungen für Unternehmer.

Seit 2017 begleitet Penta KMU Tag für Tag als ihr digitaler Finanzexperte (Digital CFO), damit sich Unternehmer voll und ganz auf das konzentrieren können, was ihnen am Herzen liegt: ihre Kunden und ihr Geschäft.

Als junges Unternehmen hat sich Penta entschieden, Dinge anders zu machen - sowohl in Bezug auf seine Kunden als auch in Bezug auf Nachhaltigkeit und Vielfalt. Heute hat Penta 200 Mitarbeiter aus 30 Nationen, die 50.000 Kunden betreuen. Und seit 2020 tut Penta dies klimaneutral.

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