Pennylane

Pennylane is a financial OS for European SMEs, providing a unified platform for financial and accounting data. This comprehensive solution streamlines invoicing, payment processing, expense management, cash flow monitoring, and profitability analysis for entrepreneurs, while also facilitating bookkeeping and tax filings for accountants. The company aims to save time for entrepreneurs and accountants, empowering them to make informed decisions and enabling personalized financial services from third parties. Founded in 2020 and based in France, Pennylane has secured a €40.00M Series C investment from prominent investors DST Global and Sequoia Capital on 08 February 2024. The firm is set to expand into other Continental European markets by 2024. Furthermore, Pennylane's product-led approach, rapid growth, and backing by strong investors highlight its potential, with the company actively seeking software engineers across Europe to join its remote-first engineering team.