Penny

Effortlessly manage your money and reduce financial stress with a personal finance app that simplifies and organizes your income and spending.

General Information
Company Name
Penny
Founded Year
2015
Location (Offices)
Founders / Decision Makers
Number of Employees
-
Industries
Finance, Financial Services, Mobile
Funding Stage
Pre Seed
Social Media

Penny - Company Profile

Penny is a personal finance app that aims to simplify and organize users' income and spending to reduce financial stress. The app accesses users' statement history with their permission to provide insights and assist in managing finances. Penny, founded in 2015, received a $120.00K Pre Seed Round investment on 20 March 2017 from Y Combinator. The app's slogan is "Effortlessly manage your money and reduce financial stress with a personal finance app that simplifies and organizes your income and spending." Penny operates in the Finance, Financial Services, and Mobile industries. With the growing awareness and demand for personal finance management tools, Penny's approach to simplifying financial management could resonate with consumers seeking an accessible and user-friendly solution.

Taxonomy: personal finance app, financial management, expense tracking, budgeting, money management, financial planning, financial organization, automated finance, financial stress reduction, statement history analysis

Funding Rounds & Investors of Penny (2)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round $120.00K 1 20 Mar 2017
Seed Round $1.20M 3 David King, Arjun Sethi 23 May 2016

Latest News of Penny

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No recent news or press coverage available for Penny.

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