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What is Penta?

Discover a groundbreaking method for business banking through our company cards, which stand in stark contrast to the slow and often frustrating processes of traditional banks. We take pride in our commitment to efficiency and innovation, allowing you to open a company account in as little as 48 hours and bypass the lengthy waits typical of conventional banking systems. With our user-friendly online account setup, you can secure a German IBAN with ease. Equip your employees with VISA debit cards to facilitate their spending independently, eliminating the complications of sharing a single card among team members. This empowers each team member to prepare payments for your final approval, while batch transactions can be simplified through a single TAN authorization. Employees, armed with their own Penta cards, can effortlessly manage payments, attach receipts, and include notes without any hassle. You can monitor expenses in real-time, establish personalized spending limits for each card, and get instant notifications on all transactions. Whether you're using a desktop or mobile device, attaching receipts and notes to transactions is as easy as a single click. Additionally, you can grant access to your accountant or finance team, enabling them to categorize all transactions effectively to maintain alignment with your accounting practices. This modern banking solution not only improves financial oversight but also fosters a culture of accountability within your team, ensuring everyone is responsible for their spending. By embracing this innovative approach, you can streamline your financial processes and enhance collaboration among your employees.

What is Monzo Business?

Monzo Business is tailored to help small businesses manage their finances efficiently, all while avoiding monthly fees. By opening a Monzo Business account, you gain improved visibility and control over your financial assets, which allows you to focus more on what truly matters to your business. As a fully regulated bank, we meet the same high standards as traditional institutions and provide the convenience of setting up your business account straight from your smartphone. Our award-winning customer support is available 24/7, guaranteeing that assistance is always readily accessible. Enjoy the benefits of free, instant bank transfers within the UK, along with real-time notifications to keep you informed about your transactions. Additionally, our Pots feature enables you to allocate funds separately from your primary balance, facilitating better budgeting. Manage your business finances seamlessly through online access available on both mobile and web, while integrating essential accounting tools to maintain organization. The use of in-app invoicing and digital receipts further simplifies your operations, keeping everything in one place. For any questions or support, you can chat with us via the app at any time, or opt to call or email for assistance. With no need for in-person branch visits or scheduled appointments, all your financial management needs are just a few taps away, making it easier than ever to keep your business running smoothly. Moreover, the seamless integration of various financial tools ensures that your business remains on a successful path, providing you with the peace of mind to concentrate on growth and innovation.

Media

Media

Integrations Supported

Apple Pay
Aurelia
FreeAgent
Google Pay
QuickBooks Online
Xero

Integrations Supported

Apple Pay
Aurelia
FreeAgent
Google Pay
QuickBooks Online
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

€9 per month
Free Trial Offered?
Free Version

Pricing Information

$7 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Penta Fintech

Date Founded

2016

Company Location

Germany

Company Website

getpenta.com/en/

Company Facts

Organization Name

Monzo

Date Founded

2015

Company Location

United Kingdom

Company Website

monzo.com/i/business/

Categories and Features

Business Bank Accounts

Bank Wires
Bill Pay
Billing & Invoicing
Business Credit Cards
Checking Account
Checks
Expense Management
Instant Payouts
No Fee Payments
Rewards
Savings Account
Spend Management

Categories and Features

Business Bank Accounts

Bank Wires
Bill Pay
Billing & Invoicing
Business Credit Cards
Checking Account
Checks
Expense Management
Instant Payouts
No Fee Payments
Rewards
Savings Account
Spend Management

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