Penta vs Starling Business

For spending abroad FX markup matters, and Penta does better (0% vs 0.4%). In our editorial rating Starling Business leads (4.5 vs 3.8). Neither wins across the board: weigh the points above against your use case before choosing between Penta and Starling Business.

Penta Starling Business
Tier B A
Rating ★ 3.8 ★ 4.5
Estimated net annual cost €0 €0
Account fee Free Free
IBAN dedicato · DE dedicato · GB
Multi-currency No (single currency) Yes · 3 currencies
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%
ATM withdrawal not declared not declared
Fund custody Custodial (platform holds funds) Custodial (platform holds funds)
KYC Full Full
Supported countries EEA · 1+ countries UK · 1+ countries
Regulator BaFin PRA, FCA
OAM Italy registration No No
Segment B2B B2B
Deposit guarantee FSCS £85,000 (UK)
Regions EU/EEA UK
Licences & safety Banking-as-a-Service (solarisBank) Full Banking License
Penta 3.8/5 · Tier B
Starling Business 4.5/5 · Tier A

Frequently asked questions

Penta vs Starling Business: which is better?

For spending abroad FX markup matters, and Penta does better (0% vs 0.4%). In our editorial rating Starling Business leads (4.5 vs 3.8). Neither wins across the board: weigh the points above against your use case before choosing between Penta and Starling Business.

Which is cheaper, Penta or Starling Business?

On the standard spending profile Penta has the lowest net annual cost: €0 versus €0 for Starling Business.

Is Penta custodial or self-custody?

Penta is custodial: funds are held by the platform, while Starling Business is custodial.

Which is better for spending abroad?

For foreign-currency spending Penta wins, with the lowest FX markup: 0%.