Pennylane

Pennylane is a French accounting and financial management platform based in Paris. The company launched at the end of 2019 and has grown quickly. According to French trade press it works with more than 6,000 accounting firms and about 800,000 companies, and in 2025 it raised 175 million euros with the US fund TCV joining its shareholders. Its capital is spread across several venture funds, and the largest holds 13 percent, so the company describes its model as independent.

Features

• Accounting in a shared workspace for companies and their accountants.
• E-invoicing and purchase management.
• Cash flow monitoring with dashboards that update in real time.
• A business account and other financial services.
• AI features built into the product.

Limits

Pennylane is built for the French market and French accounting practice. Businesses in other countries should check local tax support and availability before choosing it, and prices are not listed on the French homepage.