Pennylane, founded in 2020 in Paris, combines accounting, invoicing and financial management software for small businesses and their accountants. In January 2026 it raised €175 million at a valuation reported at $4.25 billion, led by TCV and Blackstone Growth.
At a glance
| Price from | Custom |
| Best for | European small businesses and accounting firms |
From Pennylane's own website.
What stands out
- Serves both businesses and accountants
- Backed by Sequoia, CapitalG and DST Global
Worth knowing
- Mainly focused on France
- Early in other European markets
How it ranks
Pennylane is ranked 9th of 10 in Best Fintech Startups (Lister Score 86.7).
#9 in Best Fintech Startups · Lister Score 86.7
The January 2026 round valued Pennylane at about €3.6 billion, up from €2 billion in April 2025..
| Rank | Best Fintech Startups | Score |
|---|---|---|
| 1 | Revolut | 96.9 |
| 2 | Ramp | 95.7 |
| 3 | Kalshi | 94.4 |
| 4 | Airwallex | 93.2 |
| 5 | Polymarket | 91.9 |
| 6 | Plaid | 90.6 |
| 7 | Bilt Rewards | 89.3 |
| 8 | Mercury | 88.0 |
| 9 | Pennylane | 86.7 |
| 10 | Tide | 85.4 |
Frequently asked questions
How does Pennylane rank on Lister?
Pennylane is ranked 9th of 10 in Best Fintech Startups (Lister Score 86.7).
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