Is Penta available in Spain?

Availability

Penta for business in Spain: Not available

Key eligibility: Penta no longer onboards customers under its own brand. It served businesses registered in Germany and Italy
Non resident position: Not offered to companies registered in Spain. Penta did not operate in Spain
Local currency support: Penta provided German IBANs in euro. There was no Spanish IBAN, and the brand no longer onboards
Headline monthly fee: Not applicable in Spain

Availability and fees as of 26 April 2026Last reviewed 26 April 2026

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

Penta does not serve business customers in Spain. As of 26 April 2026, Penta was a German business banking brand that was acquired by Qonto and fully migrated onto the Qonto platform, so Penta no longer onboards customers under its own brand. Penta served businesses registered in Germany and Italy and never offered accounts in Spain. Verify the current position with the provider.

Does Penta serve business customers in Spain?

No. Penta was a Berlin based business banking provider for small and medium companies, focused on Germany and later Italy. It was acquired by the European provider Qonto, and existing Penta customers were moved to the Qonto platform, with Qonto operating under its own brand in Germany from 2024. Penta does not open new accounts under its own brand, and it never served businesses registered in Spain. A company in Spain cannot open a Penta account as of 26 April 2026.

Eligibility for businesses in Spain

When it operated, Penta served businesses registered in Germany, and later Italy, with a German IBAN in euro. There was no onboarding route for a company registered in Spain. Because the brand has been folded into Qonto and no longer onboards customers itself, a business in Spain cannot open a Penta account as of 26 April 2026. Verify with the provider

What it costs locally

There is no local Spain pricing, because Penta never offered an account in Spain and no longer onboards under its own brand. The businesses it served used German euro accounts, not a Spanish IBAN. As of 26 April 2026

What local users report

Because Penta did not operate in Spain and has been merged into Qonto, there is no meaningful local user experience to report for businesses registered there as of 26 April 2026. Businesses in Spain that want a similar European provider can review Qonto, which does serve Spain, and other providers on the Spain country guide.

Penta does not appear to serve business customers in Spain as of 26 April 2026. Verify directly with the provider. Providers confirmed available in Spain are listed on the Spain country guide.

Questions about Penta in Spain

Is Penta available for business in Spain?

No. As of 26 April 2026, Penta has been merged into Qonto and no longer onboards under its own brand, and it never served businesses in Spain. Verify the current position with the provider.

Can a company in Spain open a Penta account?

Not as of 26 April 2026. Penta served businesses registered in Germany and Italy and no longer opens new accounts under its own brand after the Qonto migration. Confirm directly with the provider.

What happened to Penta?

Penta was acquired by Qonto and its customers were migrated to the Qonto platform, with Qonto operating under its own brand in Germany from 2024. As of 26 April 2026, Penta no longer onboards customers under its own name.

What can a business in Spain use instead?

Qonto, which acquired Penta, does serve businesses in Spain, and other providers confirmed to serve the market are listed on the Spain country guide. As of 26 April 2026, check each provider current eligibility before applying.

Availability, fees, and eligibility change. This page was last reviewed on 26 April 2026. Confirm the current position with Penta before applying.