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New Deal


Announced

Completed

Qonto completed the acquisition of Penta.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Majority

Private

FinTech

Acquisition

Cross Border

fintech company

Single Bidder

Friendly

Completed

Synopsis

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Qonto, a financial solutions provider, completed the acquisition of Penta, a fintech services provider. Financial services were not disclosed. "Lukas Zörner and his co-founders have written a real fintech success story. With the combination of increasing customer numbers and rising revenues, we have gained even more substance in the past 18 months. We are very excited that we now have the chance to actively shape digital banking for business customers in Europe as a team with Qonto," Markus Pertlwieser, Penta CEO.

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