Pennylane
AccountingÎle-de-France, France1001-5000 Employees
Pennylane is a Paris-based company in the accounting industry with between 1,001 and 5,000 employees, located at 5 Rue Des Italiens, Paris, Île-de-France 75009, France. It is developing a financial operating system for European SMEs that serves as a single source of truth for financial and accounting data, used by entrepreneurs to manage invoicing, paying suppliers, expense management, cash flow and profitability, and by accountants for bookkeeping and tax filings. The platform aims to streamline processes and enable third parties to offer value-added personalized financial services. Pennylane launched in France and planned to expand to other markets in Continental Europe in 2024. In January 2026, the company announced a Series E round led by TCV and Blackstone Growth, with participation from other investors.