Pennylane
French all-in-one financial and accounting platform for SMEs and freelancers.
- Data: EU
- GDPR-native
- EU-owned
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.
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
Frequently asked questions
- Is Pennylane EU-owned and GDPR-native?
- Pennylane — European-owned: Yes; GDPR-native: Yes; self-hostable: No; data stored in: EU.
- How much does Pennylane cost?
- Pricing model: Freemium. Check Pennylane's own site for current plans and numbers.
- What are European alternatives to Pennylane?
- Compare GDPR-native European alternatives to Pennylane — where each one is built, owned and hosted.
More European tools
- Agicap CashCollectAutomate customer payment collection with intelligent dunning and real-time receivables visibility across Europe
- AssoConnectCloud-based association management unifying accounting, payments, members, and communications
- BillabexAI-powered payment reminder automation that reduces collection workload while maintaining client relationships.
- CashOnTimeIntelligent cloud platform automating accounts receivable, debt collection, and cash flow optimization for European mid-market and enterprise finance teams.
- CleavrAI-powered accounts receivable automation transforming invoice-to-cash workflows
- DolibarrThe easiest open-source ERP and CRM system for all-in-one business management