Pennylane

Pennylane is a French fintech startup founded in Paris in 2020 that is reinventing the relationship between SMEs and their accountants. The platform acts as a central financial hub: businesses use it to manage invoices, expenses, cash flow, and bank connections, while their accountants can work in the same tool simultaneously, eliminating the back-and-forth of traditional accounting workflows. Pennylane integrates with all major French banks, as well as payment tools and e-commerce platforms. Its AI-powered bookkeeping automation categorizes transactions and prepares financial statements automatically. Having raised Series B funding, Pennylane is one of the fastest-growing accounting software companies in France and is expanding across Europe.