Yes, Penta offers you a regular business account with a German IBAN in partnership with Solarisbank AG.
Penta itself does not have its own banking license. Therefore, we have entered into a partnership with Solarisbank AG. Solarisbank AG provides us with the technical and legal basis that enables us to offer you a full Penta business account with a German IBAN.
Solarisbank is regulated by the European Central Bank and the German Federal Financial Supervisory Authority (BaFin).
This structure was chosen so that we at Penta can focus on implementing new features and providing quality customer service to you.
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