This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024. What Is This About? In a single week, two major neobank deals reshaped the German fintech landscape: French unicorn Qonto confirmed its acquisition of Berlin-based Penta, while freelancer neobank Kontist sold at a steep discount for an estimated €10 million — highlighting the consolidation wave hitting Eu