Penta Penta (now Qonto)
A plan byPenta
Deposit guarantee €100K; 50–300 tx free/month; ATM €5K/day. No multi-currency; only Germany. No multi-currency native; only Germany; internazionali via Wise
Penta (now Qonto)
- Price
- Free
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 0%
- Cashback currency
- Nessuno
- Cashback cap
- Free
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- €5000/mese gratis, poi 0%
- Net annual cost
- Free
What's included
- Acquisita Qonto 2022 - integrato
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · DE |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | Yes |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | Free |
| Interest on balance | 0% |
| ATM withdrawal | Free |
| Free ATM limit | €5000/mese gratis, poi 0% |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | BaFin |
| OAM Italy registration | No |
| Segment | B2B |
| MiCA / License status | Banking-as-a-Service (solarisBank) BaFin (via Solarisbank) |
Strengths
- Deposit guarantee €100K; 50–300 tx free/month; ATM €5K/day.
- No notable sovereignty advantage documented.
Weaknesses
- No multi-currency; only Germany.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (BaFin (via Solarisbank)): reporting to authorities and freezes on order.
Verdict
Deposit guarantee €100K; 50–300 tx free/month; ATM €5K/day. No multi-currency; only Germany. No multi-currency native; only Germany; internazionali via Wise
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is Penta a real bank?
Penta is a digital financial service. The deposit-protection scheme is not documented for this service; check the official terms.
Can I send transfers to third-party IBANs with Penta?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Penta support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Penta support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Penta?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework Data verified on Jun 13, 2026
- fintech-consult.com Issuer · Company profile Data verified on Jun 14, 2026
- fintechmagazine.com Data verified on Jun 14, 2026
- settle-in-berlin.com Trust & safety · Pricing Data verified on Jun 14, 2026
Show 1 more source
- penta.com Founders Data verified on Jun 13, 2026