Penta vs N26 Business
On cashback N26 Business wins (up to 0.5%). Neither wins across the board: weigh the points above against your use case before choosing between Penta and N26 Business.
| Penta | N26 Business | |
|---|---|---|
| Tier | B | A |
| Rating | ★ 3.8 | ★ 4.1 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | dedicato · DE | dedicato · DE |
| Multi-currency | No (single currency) | No (single currency) |
| Outbound transfers to third-party IBANs | Yes | Yes |
| Utility direct billing | Yes | Yes |
| SEPA direct debit (SDD) | Yes | Yes |
| On-chain crypto withdrawal | No | No |
| SEPA transfer | Free | Free |
| Interest on balance | 0% | 0.25% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | EEA · 1+ countries | EEA · 21+ countries |
| Regulator | BaFin | BaFin |
| OAM Italy registration | No | Yes |
| Segment | B2B | — |
| Regions | EU/EEA | EU/EEA |
| Licences & safety | Banking-as-a-Service (solarisBank) | Full Banking License |
Frequently asked questions
Penta vs N26 Business: which is better?
On cashback N26 Business wins (up to 0.5%). Neither wins across the board: weigh the points above against your use case before choosing between Penta and N26 Business.
Which is cheaper, Penta or N26 Business?
On the standard spending profile Penta has the lowest net annual cost: €0 versus €0 for N26 Business.
Which offers more cashback, Penta or N26 Business?
N26 Business has the highest cashback: up to 0.5%. Note the top rate often requires token staking and is subject to spending caps.
Is Penta custodial or self-custody?
Penta is custodial: funds are held by the platform, while N26 Business is custodial.