German FinTech Penta closes Series B+ round at €30 million

German FinTech Penta, the digital platform for business banking aimed at SMEs and startups, closed €30 million in a Series B+ top-up round backed by existing investors such as finleap, HV Capital, RTP Global, Presight Capital, S7V and VR Ventures, ABN AMRO Ventures.

Recently, the FinTech announced a partnership with savings marketplace Raisin along with the release of a new range of corporate term and overnight deposits. The partnership is expected to allow Penta’s business customers to access higher interest rates by investing in Raisin deposit products through their accounts.

Read more: IBS Intelligence