10 fintech startups to watch out in 2019 and beyond | EU-Startups
Summary
A graduate of Startupbootcamp Amsterdam, Bita was founded in 2018 and a year later, they secured €1.25 million from a group of local and international investors and are already counting some of the largest trading platforms in the world as clients. Based in Barcelona, this Startupbootcamp alumni enables secure connection of all your accounts, and then provides statistics, expense and income reports, payments, and even customer support over chat. The app is based on a simple system that first understands the user’s profile and habits through questions and answers, and then offers automatic ways and methods to save money effortlessly. Penta’s banking experience offers real-time spending overview, low foreign transfer rates, Mastercards for the employees, with custom rules and permissions per card/employee and even some accounting features. In April 2019 Penta was acquired by finleap, a fintech company builder, which simplified their entry into the German market and helped them raise €8 million in August 2019 in an investment round led by HV Holtzbrinck Ventures.
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