Penta business account review fees, eligibility and availability

Snapshot

Penta was a business banking provider for companies in Germany. As of 11 June 2026 the Penta brand has been discontinued and its accounts were moved to Qonto, so Penta no longer accepts new customers.

Who it suits: No longer applicable. Penta stopped taking new customers and the brand was retired. Companies in Germany would look at current providers instead.
Broadly available in: None. The Penta brand was retired and is not available to new customers, as of 11 June 2026.
Headline monthly fee: Not applicable. Penta no longer offers accounts to new customers, as of 11 June 2026.
Account type: Former business banking provider in Germany. Brand discontinued.

Fees and features as of 11 June 2026Last reviewed 11 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Penta was a business banking provider for companies in Germany. It was acquired and its customers were migrated to Qonto, and the Penta brand was retired. As of 11 June 2026 Penta no longer accepts new customers and there is no Penta account to open. For a current business account in Germany, see the Germany country guide and verify current terms with each provider.

Overview

Penta launched as a digital business banking provider for small and medium companies in Germany. It was acquired and, through 2023 and into 2024, existing customers were invited to move to Qonto. The migration completed and the Penta brand was discontinued. This page records that status so readers are not sent to a product that no longer accepts customers. Figures here are as of 11 June 2026.

Strengths

Historic only. Penta was known as a digital business account for German small and medium companies before the brand was retired. There is no current Penta product to assess, as of 11 June 2026.

Limitations

Penta is no longer available to new customers and the brand has been discontinued, as of 11 June 2026. There is no current account, fee, or eligibility to compare. Former customers were moved to Qonto.

Fees and features

All figures as of 11 June 2026. Verify current terms with Penta.
Monthly fee	Not applicable. Penta no longer offers accounts, as of 11 June 2026.
Transaction fees	Not applicable, as of 11 June 2026.
FX fees	Not applicable, as of 11 June 2026.
Minimum deposit	Not applicable, as of 11 June 2026.
Multi currency	Not applicable, as of 11 June 2026.
Integrations	Not applicable, as of 11 June 2026.
Eligibility	Not applicable. Penta does not accept new customers, as of 11 June 2026.

As of 11 June 2026 Penta is discontinued and does not accept new customers, so there is no account to open or compare. Former Penta customers were moved to Qonto. For a current business account in Germany, see the Germany country guide below and verify terms with each provider.

Penta by country

Questions about Penta

Can I still open a Penta account?

No. As of 11 June 2026 the Penta brand has been discontinued and it does not accept new customers. Former customers were migrated to Qonto. Verify current details with the provider.

What happened to Penta?

Penta was acquired and its customers were moved to Qonto through 2023 and into 2024, after which the Penta brand was retired. As of 11 June 2026 there is no Penta product to open.

What can a company in Germany use instead?

Several digital and traditional business accounts serve companies in Germany. See the Germany country guide on this site and verify current terms with each provider.

Were Penta accounts closed?

Existing Penta customers were invited to move to Qonto, and the migration completed. As of 11 June 2026 the Penta brand is no longer operating. Verify your own account status with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 June 2026. Confirm current terms with Penta before applying.