1. Khatabook
India · Financial Services Software
Khatabook is the fintech startup that provides a digital ledger app targeted primarily at small businesses
- Revenue
- $68.5M
- Funding
- $186.5M
- Team size
- 772
Pennylane Alternatives & Competitors
The closest alternatives to Pennylane are Khatabook, Khatabook and Pontera. Pennylane generates $68M in revenue with 899 employees. Every one of the 20 alternatives below is compared with Pennylane on revenue, funding, customers, team size and founding year.
Pennylane at a glance
- Revenue
- $68M
- Valuation
- $2.2B
- Funding
- $224.6M
- Team size
- 899
- Founded
- 2020
Pennylane vs its top alternatives
Pennylane is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  PennylaneThis company | Khatabook | Khatabook |  Pontera |  Cegid for retailers |  Snapmint |  Finally | Finally | Finally |  Perfios |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $68M | $68.5M | $68.5M | $69.1M | $66.4M | $66.1M | $66.1M | $66.1M | $66.1M | $65.7M |
| Valuation | $2.2B | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $224.6M | $186.5M | $186.5M | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | $429M |
| Team size | 899 | 772 | 772 | 338 | 4.6K | 276 | 262 | 262 | 262 | 1.5K |
| Growth | 61.9% | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Founded | 2020 | 2018 | 2018 | 2012 | 1983 | 2015 | 2018 | 2018 | 2018 | 2008 |
| HQ | Paris, France | India | India | United States | France | India | United States | United States | United States | India |
Top Financial Services Software companies similar to Pennylane
2. Khatabook
India · Financial Services Software
Khatabook is the fintech startup that provides a digital ledger app targeted primarily at small businesses
- Revenue
- $68.5M
- Funding
- $186.5M
- Team size
- 772
3. Pontera
United States · Financial Services Software
Pontera is a fintech company on a mission to help millions of Americans retire better by enabling their financial advisors to manage, balance, and trade clients' retirement accounts securely and compliantly.
- Revenue
- $69.1M
- Team size
- 338
4. Cegid for retailers
France · Financial Services Software
Elevate Your Retail Experience. Our mission is to enable retailers to seize all growth and sales opportunities by accelerating omnichannel and digital transformation, worldwide, thanks to Cegid Retail’s Unified Commerce…
Cegid for retailers revenue & fundingPennylane vs Cegid for retailers
- Revenue
- $66.4M
- Team size
- 4.6K
5. Snapmint
India · Financial Services Software
Snapmint is a fintech company that provides no-credit-card EMI payment solutions for online purchases, allowing shoppers to buy electronics, appliances, and more on installments.
- Revenue
- $66.1M
- Team size
- 276
6. Finally
United States · Financial Services Software
Finally is a Miami-based financial services company providing an AI-powered finance automation platform tailored to small and mid-sized businesses. Founded in 2018, Finally's mission is to streamline bookkeeping…
- Revenue
- $66.1M
- Team size
- 262
7. Finally
United States · Financial Services Software
Finally is a Miami-based financial services company providing an AI-powered finance automation platform tailored to small and mid-sized businesses. Founded in 2018, Finally's mission is to streamline bookkeeping…
- Revenue
- $66.1M
- Team size
- 262
8. Finally
United States · Financial Services Software
Finally is a Miami-based financial services company providing an AI-powered finance automation platform tailored to small and mid-sized businesses. Founded in 2018, Finally's mission is to streamline bookkeeping…
- Revenue
- $66.1M
- Team size
- 262
9. Perfios
India · Financial Services Software
Perfios Software Solutions is India’s largest SaaS-based B2B fintech software company empowering 1000+ FIs to take informed decisions in real-time. Headquartered in Bangalore, India Perfios specializes in real-time…
- Revenue
- $65.7M
- Funding
- $429M
- Team size
- 1.5K
10. Advisor360°
United States · Financial Services Software
Leverage our SaaS WealthTech platform to increase productivity and revenue, streamline operations, and reduce costs and regulatory risk.
- Revenue
- $63.9M
- Team size
- 581
11. Allvue Systems
United States · Financial Services Software
Allvue Systems is a recognized leader of cloud-based technology, data, and services solutions for alternative investment managers in the private capital markets. Our integrated suite of software empowers firms of all…
- Revenue
- $63.9M
- Team size
- 581
12. Nextlane
France · Financial Services Software
Nextlane is the leading automotive business ecosystem in Europe, secure, open and smart. We provide cutting-edge software solutions that empower dealers and manufacturers to drive business growth and elevate the…
- Revenue
- $72.4M
- Team size
- 658
13. Advensus
Dominican Republic · Financial Services Software
Advensus serves companies that operate in multiple industries, such as retail, e-commerce, fintech, healthcare, logistics, cable/streaming services, and travel. It offers inbound, interpretation, and social CRM services.
- Revenue
- $72.8M
- Team size
- 548
14. inDinero
United States · Financial Services Software
inDinero is a financial management company that provides accounting, tax, and payroll services to small businesses. Their platform aims to simplify financial management for small businesses by providing them with…
- Revenue
- $63M
- Funding
- $9.9M
- Team size
- 158
15. RedCloud Technologies
United Kingdom · Financial Services Software
Provider of digital financing services. The company offers a cloud-based platform that enables banks to deliver digital financing services such as digital accounting, mobile and e-commerce to the customers.
RedCloud Technologies revenue & fundingPennylane vs RedCloud Technologies
- Revenue
- $63M
- Team size
- 428
16. inDinero
United States · Financial Services Software
inDinero is a financial management company that provides accounting, tax, and payroll services to small businesses. Their platform aims to simplify financial management for small businesses by providing them with…
- Revenue
- $63M
- Funding
- $9.9M
- Team size
- 158
17. RedCloud Technologies
United Kingdom · Financial Services Software
Provider of digital financing services. The company offers a cloud-based platform that enables banks to deliver digital financing services such as digital accounting, mobile and e-commerce to the customers.
RedCloud Technologies revenue & fundingPennylane vs RedCloud Technologies
- Revenue
- $63M
- Team size
- 428
18. Ramco Systems
India · Financial Services Software
Ramco is a next-gen enterprise software product & platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise solutions in Global Payroll, ERP and M&E MRO for Aviation. Part of the…
- Revenue
- $63M
- Funding
- $52M
- Team size
- 3.9K
19. Stoneridge Software
United States · Financial Services Software
Specializing in business technology solutions, including the entire suite of Microsoft Dynamics and other Microsoft business applications
Stoneridge Software revenue & fundingPennylane vs Stoneridge Software
- Revenue
- $73.1M
- Team size
- 303
20. Bemobi
Brazil · Financial Services Software
Bemobi is a pioneering technology company specialized in payments and digital journeys for essential recurring service segments companies. Through a B2B2C SaaS model we support companies in Telecom, Utilities…
- Revenue
- $62.8M
- Team size
- 571
Pennylane vs the Financial Services Software market
Pennylane ranks #59 of 687 Financial Services Software companies by annual revenue, putting it in the top 9% of the market.
- Companies tracked
- 687
- Median revenue
- $4M
- Median funding
- $20M
- Median team size
- 35
Pennylane funding
| Date | Round | Amount | Valuation |
|---|---|---|---|
| Apr 2025 | Series D | $75M | $2.2B |
| Feb 2024 | Series C | $43.2M | Not disclosed |
| May 2023 | Series C | $31.9M | Not disclosed |
| Jan 2022 | Series B | $54M | Not disclosed |
| Jan 2021 | Series A | $16.2M | Not disclosed |
| May 2020 | Seed | $4.3M | Not disclosed |
Pennylane competitors FAQ
What companies are similar to Pennylane?
The closest alternatives to Pennylane are Khatabook, Khatabook and Pontera, all active in Financial Services Software. This page compares each of them with Pennylane on revenue, funding, customers and team size.
What is the best alternative to Pennylane?
Khatabook is the closest alternative to Pennylane, generating $68.5M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.
How much revenue does Pennylane generate?
Pennylane generates $68M in revenue.
How much funding has Pennylane raised?
Pennylane has raised $224.6M in funding.
Is Pennylane bigger than Khatabook?
No. Khatabook generates $68.5M in revenue versus $68M at Pennylane.
