Penta for business in Austria: Not available
- Key eligibility
- Penta no longer takes on new customers. It was a German business account that Qonto acquired and merged into the Qonto brand
- Non resident position
- No account for a company registered in Austria. Penta served businesses registered in Germany and has been folded into Qonto
- Local currency support
- Penta offered euro accounts with a German IBAN, but it no longer onboards customers under its own brand
- Headline monthly fee
- Not applicable in Austria
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does Penta serve business customers in Austria?
No. Penta was a German business account provider that Qonto acquired, with customers moved onto the Qonto platform and the Penta brand wound down, so Penta no longer onboards customers under its own name. Its account was built for businesses registered in Germany rather than Austria. As of 8 June 2026, a company in Austria cannot open a Penta account, and Qonto is the brand that continues the offering. Confirm the current position with the provider.
Eligibility for businesses in Austria
Penta expected a business registered in Germany with a euro account and a German IBAN. It no longer accepts new customers under its own brand after the move to Qonto, so a company registered in Austria cannot open a Penta account as of 8 June 2026. Businesses that want the continuing product would apply with Qonto instead. Verify with the provider
What it costs locally
There is no local Austria pricing, because Penta does not offer an account there and no longer onboards customers under its own brand. Its former German plans are not a local euro account for a business in Austria. As of 8 June 2026. As of 8 June 2026
What local users report
Because Penta no longer onboards customers and never offered a local Austrian account, there is no meaningful current local user experience to report for companies registered in Austria as of 8 June 2026. Businesses that need a euro account should look at providers confirmed to serve the market, including Qonto.
Questions about Penta in Austria
Is Penta available for business in Austria?
Can a company in Austria open a Penta account?
What happened to Penta?
What can a business in Austria use instead?
Availability, fees, and eligibility change. This page was last reviewed on 8 June 2026. Confirm the current position with Penta before applying.