LaunchRadar

Pennylane

French all-in-one financial and accounting platform for SMEs and freelancers.

  • Data: EU
  • GDPR-native
  • EU-owned
P

Pennylane is a comprehensive cloud-based SaaS platform designed to unify financial management, accounting, and professional banking for businesses. Built and owned in France, it serves over 1 million users including entrepreneurs, SMEs, and accounting firms with features for invoicing, expense management, real-time cash flow monitoring, and electronic invoicing compliance.

Pennylane is a comprehensive cloud-based SaaS platform designed to unify financial management, accounting, and professional banking for businesses. Built and owned in France, it serves over 1 million users including entrepreneurs, SMEs, and accounting firms with features for invoicing, expense management, real-time cash flow monitoring, and electronic invoicing compliance.

Visit Pennylane

Highlights

  • ISO 27001 certified information security
  • Approved platform for mandatory French e-invoicing (Sept 2026)
  • Real-time cash flow and treasury visibility
  • Integrated professional banking accounts and corporate cards
Data location
EU
Pricing
Freemium
EU-owned
Yes
Self-hostable
No

Good for

  • Freelancers and solopreneurs managing invoices, expenses, and tax compliance without hiring an accountant
  • SMEs coordinating multi-user expense approvals, vendor payments, and accounting workflows in one dashboard
  • Accounting firms accessing client financials and offering managed bookkeeping services to multiple businesses

A European alternative to