Add-on Acquisition • Financial Services

Qonto Acquires Penta

On July 1, 2022, Qonto acquired financial services company Penta

Acquisition Context

This is Qonto’s 1st transaction in the Financial Services sector.
This is Qonto’s 1st transaction in Germany.

Explore All 3084 Add-on Acquisition Financial Services Deals - Search the Database Free

M&A Deal Summary
Date	July 1, 2022
Target	Penta
Sector	Financial Services
Buyer(s)	Qonto
Deal Type	Add-on Acquisition

Target Company

Penta

Berlin, Germany

Penta offers fast and easy business banking for customers in the digital sector. Companies can sign up online in minutes and receive a German IBAN as well as other business banking services. Penta was founded in 2016 and is headquartered in Berlin.

Explore More Deals

Browse All 215,158 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Qonto

Paris, France

Category	Company
Founded	2017
Sector	Financial Services

DESCRIPTION

Qonto is a European business finance solution that simplifies everything from everyday banking and financing, to bookkeeping and spend management. Qonto energizes SMEs and freelancers so that they can achieve more. Qonto was formed in 2017 and is headquartered in Paris.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Financial Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Germany	1 of 1
Year: 2022	1 of 1

Explore Related M&A Activity

Financial Services M&A - Add-on Acquisition M&A Deals - Germany M&A - 2022 M&A