Subscribe
|
|
|
|
|
|
|
News

French fintech Pennylane raises GBP 13.2 mln

Friday 8 January 2021 14:40 CET | News

French fintech Pennylane has raised USD 18 million (approx. GBP 13.2 million) in a Series A round from its existing investors Global Founders Capital and Partech. 

This funding round follows the USD 4.3 million (approx. GBP 3.1 million) seed round back in May 2020. 

Pennylane enables businesses to access their complete, and up-to-date financial data at any time in order to make the right decisions.

In general, business leaders are close to their accountants but can sometimes get frustrated by the tools they use, which limit collaboration and real-time visibility into their company’s financial data.

And that’s where Pennylane comes into play with its solution that centralises all purchasing, sales, and banking transaction data to make it real management and decision-making tool for company managers. Notably, the managers will have the opportunity to give access to their accountants so they may keep the books.

Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Pennylane, fintech, data, banking, transactions
Categories: Banking & Fintech
Companies:
Countries: France
This article is part of category

Banking & Fintech

::: more





Industry Events

Free Headlines ::: subscribe now
RSS ::: follow ThePaypers via RSS ::: connect
LinkedIn ::: connect with ThePaypers on LinkedIn ::: connect
Twitter ::: follow ThePaypers on Twitter ::: follow
Facebook ::: like ThePaypers on Facebook ::: like