In today’s top news from Europe, the Middle East and Africa (EMEA), Fidel API CTO Andre Elias discusses APIs, Pan-African payment solutions provider Bizao announces a funding round and French digital bank Qonto says it will acquire German rival Penta. Real-Time Payments, APIs and Infrastructure...
Qonto, the French digital bank for small businesses and freelancers, on Friday (July 22) announced its intent to acquire German rival Penta. The purchase price was not disclosed. The deal, which is expected to close in the coming weeks, represents a “natural next step” in...
In today’s top Europe, Middle East, and Africa news, a coalition has asked EU lawmakers for changes in the Digital Markets Act to allow consumers to sue tech giants for law violations, while global payments platform Flywire Corporation has collaborated with Adapt IT Education to digitize cross-border education...
In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup Stitch is striving to make it easier for businesses on the continent to build and scale innovative products. Additionally, Berlin’s...
July 22, 2022
Qonto, the French digital bank for small businesses and freelancers, on Friday (July 22) announced its intent to acquire German rival Penta. The purchase price was not disclosed. The deal, which is expected to close in the coming weeks, represents a “natural next step” in Qonto’s long-term ambition to become the finance solution of choice […]
February 23, 2022
German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million to 500 million euros). As...
March 17, 2020
Germany’s Penta, which works in banking for small- to medium-sized businesses (SMBs), has completed a 18.5-million-euro ($20.4 million) funding round, according to a TechCrunch report. Penta’s lead contributor was RTP...
