French fintech startup Pennylane has secured €75 million ($83 million) in a funding round that doubles its valuation to €2 billion, signaling strong investor confidence in its cloud-based accounting platform. The investment round was reportedly led by Sequoia Capital, along with participation from Alphabet’s CapitalG,… Read More
Read more in: Fintech, Global | Tagged europe, france, funding round, pennylane
Pennylane has reportedly raised €40M from Sequoia Capital and other investors, reflecting steady growth over the past two years. The company is also reporting a significant increase in the number of VSE-SMEs on its platform in 24 months thanks to the adoption of the tool… Read More
Read more in: Fintech, Global | Tagged arthur waller, funding round, pennylane, sequoia capital
The 2022 list of firms making up the French Tech Next40/120 indices was recently announced by the nation’s government. As a reminder to industry participants, these initiatives provide support intended specifically for French scaleups that are capable of becoming “world-class” technological leaders. The Next40 and… Read More
Read more in: Fintech, Global | Tagged digital technology, digital transformation, digitalization, europe, fintech adoption, fintech trends, france, october, pennylane, qonto, research, Research Report, spendesk, Tech Firms
GoCardless, an established Fintech firm offering account-to-account payments, has teamed up with Pennylane, a financial management and accounting platform for firms and their accountants. Through the partnership, the companies will provide SMEs and early-stage ventures with an easy and intuitive way to manage and collect… Read More
Read more in: Fintech, Global | Tagged accounting, arthur waller, cashflow, cashflow management, gocardless, payments, pennylane, recurring payments, small businesses, smbs, sme's, subscription management
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