Insights

Tech-driven invoice finance Penny offers a tech-driven invoice finance solution tailored for B2B sole traders, startups, and small businesses, allowing next-day payment processing for UK SMEs, presenting an opportunity to streamline cash flow for potential clients.

Strategic partnerships Recent partnerships with CRIF Decision Solutions demonstrate Penny's commitment to leveraging open banking for instant invoice financing, signaling lucrative collaboration opportunities for businesses seeking innovative financial solutions.

Quick invoice payments With Penny, businesses can receive invoice payments within 24 working hours, regardless of customer payment terms, presenting a compelling proposition for companies looking to expedite their cash flow cycle.

Competitive market positioning Being in the financial services industry alongside major players like REWE, Real, and SPAR indicates Penny's competitive edge and potential for capturing market share in the invoice financing sector.

Targeted SME support Penny's focus on offering invoice financing specifically for small and owner-managed businesses paves the way for tailored sales strategies targeting this niche market segment, enhancing client acquisition and retention possibilities.

Penny Tech Stack

Penny uses 8 technology products and services including Amazon S3, Font Awesome, React, and more. Explore Penny's tech stack below.

  • Amazon S3
    Content Delivery Network
  • Font Awesome
    Font Scripts
  • React
    Javascript Frameworks
  • RequireJS
    Javascript Frameworks
  • Vue.js
    Javascript Frameworks
  • Tawk.to
    Live Chat
  • YouTube
    Video Players
  • LiteSpeed
    Web Servers

Penny's Email Address Formats

Penny uses at least 1 format(s):
Penny Email FormatsExamplePercentage
first@pennyfreedom.co.ukJohn@pennyfreedom.co.uk
50%
first@pennyfreedom.co.ukJohn@pennyfreedom.co.uk
50%

Frequently Asked Questions

Where is Penny's headquarters located?

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Penny's main headquarters is located at Wykes Bishop Street Ipswich, England IP3 0DT GB. The company has employees across 2 continents, including EuropeNorth America.

What is Penny's stock symbol?

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Penny is a publicly traded company; the company's stock symbol is PFSI.

What is Penny's official website and social media links?

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Penny's official website is pennyfreedom.co.uk and has social profiles on LinkedIn.

How much revenue does Penny generate?

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As of April 2024, Penny's annual revenue reached $1.8M.

What is Penny's NAICS code?

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Penny's NAICS code is 52 - Finance and Insurance.

How many employees does Penny have currently?

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As of April 2024, Penny has approximately 22 employees across 2 continents, including EuropeNorth America. Key team members include Chief Executive Officer: M. T.Chief Operating Officer: G. H.Head Of Revenue: B. K.. Explore Penny's employee directory with LeadIQ.

What industry does Penny belong to?

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Penny operates in the Financial Services industry.

What technology does Penny use?

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Penny's tech stack includes Amazon S3Font AwesomeReactRequireJSVue.jsTawk.toYouTubeLiteSpeed.

What is Penny's email format?

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Penny's email format typically follows the pattern of . Find more Penny email formats with LeadIQ.

When was Penny founded?

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Penny was founded in 2019.
Penny

Penny

Financial ServicesEngland, United Kingdom11-50 Employees

Penny is a tech-driven invoice finance solution developed for B2B sole traders, startups, small and owner-managed businesses. 


Since launching in 2019, Penny has helped tens of thousands of UK SMEs achieve next-day payments. 


With a free Penny account, your business can get its invoices paid in 24 working hours, regardless of customer payment terms. 

Section iconCompany Overview

Headquarters
Wykes Bishop Street Ipswich, England IP3 0DT GB
Stock Symbol
PFSI
NAICS Code
52 - Finance and Insurance
Founded
2019
Employees
11-50

Section iconFunding & Financials

  • $10M

    Penny's revenue is in the range of $10M

Section iconFunding & Financials

  • $10M

    Penny's revenue is in the range of $10M

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