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April 2, 2019 03:30 am GMT

German fintech company builder Finleap acquires SME banking provider Penta

Just since months after raising $7 million in Series A funding, German SME banking provider Penta has been acquired by Finleap. Terms of the deal remain undisclosed, although I understand that the acquisition sees Finleap and Penta’s co-founders becoming the challenger bank’s sole owners, with all other shareholders exiting. Launched in late 2014 by Hitfox […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JBYj9-EzlmM/

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