Pennylane SAS, founded in 2020, builds a financial operating system for European small and medium-sized enterprises. The platform combines accounting production software for firms with a financial management tool for their SME clients, creating a single source of truth for financial and accounting data. It serves more than 700,000 SMEs and 5,000 accounting firms in France.
The company has grown to over 900 employees and has secured €225 million in funding. It maintains a remote-friendly culture, with approximately 30% of its team working from locations across Europe. Seven co-founders lead a product-led organisation that invests primarily in building an innovative and scalable platform.
Pennylane operates primarily in France with broader European ambitions, operating at the intersection of fintech, accounting, and SME services. Its technical domains centre on financial and accounting software development.
