INSUBCONTINENT EXCLUSIVE:
Penta, the Berlin-based business banking challenger that also now operates in Italy, has partnered with BBVA-backed card reader company
SumUp in a bid to attract more offline businesses.Up until recently, Penta had been targeting digital businesses, such as startups and
e-commerce SMEs, but has since re-positioned itself for wider business banking appeal.By partnering with a POS provider offering easy card
reader-enabled payments, the German challenger bank wants to extend that of offline, such as restaurants, craftsman, healthcare and
architects.Specifically, Penta says businesses can order a SumUp Card Reader via Penta, and in doing so will save money on the initial SumUp
features, such as being able to open a business banking account entirely digitally, issue multiple payment cards, grant limits and
permissions per card for staff, facilitate expense management and integrating with popular accounting tools.In future, the SumUp integration
This will include the ability to use SumUp payments data to forecast future sales and feed into a businesses credit worthiness when they
and make the payment experience as convenient as possible for their customers
