
PenTech
Founded Year
2019Stage
Seed VC | AliveTotal Raised
$830KLast Raised
$830K | 4 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-25 points in the past 30 days
About PenTech
PenTech is a company that focuses on digital financing and corporate financing. The company offers digital factoring, digital loans, digital leasing, and supplier financing services, providing businesses with quick and flexible financing solutions. The company primarily serves the small and medium-sized enterprise sector. It was founded in 2019 and is based in Budapest, Hungary.
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PenTech's Product Videos

PenTech's Products & Differentiators
B2B BNPL
Payment solution enabling merchants to offer longer payment terms without sacrificing their own liquidity.
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Expert Collections containing PenTech
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
PenTech is included in 2 Expert Collections, including SMB Fintech.
SMB Fintech
1,648 items
Fintech
13,413 items
Excludes US-based companies
Latest PenTech News
Aug 6, 2022
PETALING JAYA: The Golden Bull Award, which acknowledges SME who have shown outstanding resilience and quick thinking to adapt and evolve in an ever-changing market environment, has recognised over 200 Malaysian SME in its 20th edition this year, with nine Malaysian SME awarded the coveted Super Golden Bull Award yesterday.The nine Super Golden Bull Award winners are Asteel Sdn Bhd, EB Frozen Food Sdn Bhd, Eostre Bhd, Koike (M) Sdn Bhd, Kok Construction (M) Sdn Bhd, Mingu International Trading Sdn Bhd, Pentech Solution Sdn Bhd, Syarikat Sri Minyak Tenaga Sdn Bhd and Terengganu Silica Consortium Sdn Bhd.These are businesses with an annual sales turnover of RM100 million and above in the last three financial years (or RM50 million and above for those in the service sector). However, sales turnover is not the only criteria for the Super Golden Bull Award.The Golden Bull Award also saw 105 winners in the Outstanding SME category (SME with an annual sales turnover of RM5 million to RM100 million in the last three financial years, or up to RM50 million sales turnover for service sector); as well as 87 winners in the Emerging SME category (SME with an annual sales turnover below RM5 million). This year, the Golden Bull Award also presented 11 businesses the inaugural Digital Transformation Award.Golden Bull Award organising chairman Datuk William Ng said the common traits of these successful SME, who thrived despite the pandemic, are that they have a strong business foundation and were quick to adapt to the adverse situation. “The same companies are now among the first to rebound from the pandemic - proving that businesses must focus on getting their basics right.“The Golden Bull Award symbolises strength and growth. This year, it also represents resilience, and the idea that we must not give up, no matter how tough the road ahead will be,” said Ng.For the first time ever, the Golden Bull Award gala dinner and award presentation was held for two nights. 2022 sets an all-time record for having 2,183 nominees, more than double that of 2021, as businesses grasp opportunity for a stimulus to restarting and growing their businesses post-pandemic.Since its inception in 2003, the Golden Bull Award has recognised over 2,000 Malaysian businesses with about 17,000 nominees participating in the program. A Malaysian brand, the Golden Bull Award has since expanded to, and organised in Singapore, Taiwan and China – helping bridge businesses across the region.The Golden Bull Award is organised by Business Media International, a B2B publisher with brands such as SME Magazine, HR Asia, Capital Asia, World Halal Business, and SME100.
PenTech Frequently Asked Questions (FAQ)
When was PenTech founded?
PenTech was founded in 2019.
Where is PenTech's headquarters?
PenTech's headquarters is located at 2481 Velence, Ősz utca 5., Budapest.
What is PenTech's latest funding round?
PenTech's latest funding round is Seed VC.
How much did PenTech raise?
PenTech raised a total of $830K.
Who are the investors of PenTech?
Investors of PenTech include Hiventures and MKB Fintechlab.
Who are PenTech's competitors?
Competitors of PenTech include Hokodo and 4 more.
What products does PenTech offer?
PenTech's products include B2B BNPL.
Who are PenTech's customers?
Customers of PenTech include Javoli Disney Goods and Best4You.
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Compare PenTech to Competitors

Billie is a leading provider of Buy Now, Pay Later (BNPL) payment methods for the B2B sector, offering innovative digital payment services. The company's main offerings include modern checkout solutions that enable businesses to pay and get paid on their terms, with features such as upfront payment for sellers and flexible payment terms for buyers. Billie's services cater to a variety of sectors, including e-commerce, telesales, and in-person sales channels. It was founded in 2016 and is based in Berlin, Germany.

Hokodo specializes in B2B (business-to-business) payment solutions, offering a digital platform for trade credit and financing services within various industries. The company provides credit terms to businesses, enabling a frictionless checkout experience and real-time credit decision-making. Hokodo's solutions cater to sectors such as B2B marketplaces, food and beverages, agriculture, industrial supplies, construction and building materials, freight and logistics, freelance and workplace management, and corporate travel. It was founded in 2018 and is based in London, United Kingdom.
Defacto is a fintech company specializing in business-to-business lending and financing solutions. The company offers instant, flexible financing options for small and medium-sized businesses to cover expenses such as stock, marketing, and business-to-business receivables, without the need for paperwork or complex setup processes. Defacto primarily serves sectors such as e-commerce, retail, and small business through its lending platform and Application Programming Interface integrations. It was founded in 2021 and is based in Paris, France.

Mondu specializes in Buy Now, Pay Later (BNPL) solutions for B2B transactions within the financial services sector. The company offers a suite of payment solutions that allow businesses to provide their customers with various deferred payment options, including flexible payment terms, installment plans, and digital trade accounts. Mondu primarily serves the ecommerce industry, B2B marketplaces, and multichannel sales sectors. It was founded in 2021 and is based in Berlin, Germany.
Sprinque is a B2B crossborder payments platform that specializes in facilitating global expansion for businesses. The company offers a suite of payment solutions, including the ability for business buyers to pay by invoice with net payment terms or in installments, and provides merchants with instant payment while managing credit and fraud risks. Sprinque primarily serves businesses looking to streamline their payment processes and expand their customer base internationally. It was founded in 2021 and is based in Amsterdam, Netherlands.
Flaist specializes in digital solutions for banking and finance. It offers a plug-and-play digital toolkit of microservices aiming at enhancing customer experience and managing costs for banks and financial institutions. It was founded in 2020 and is based in San Francisco, California.
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