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Pennylane, based in Paris, offers a SaaS financial management and accounting platform designed for businesses. It simplifies financial tasks typically handled via spreadsheets, standalone software, or external accountants, addressing issues like errors, inefficiencies, and high management costs. Its comprehensive and user-friendly platform provides deep financial insights, enhancing productivity. Backed by Sequoia Capital and DST Global, Pennylane is well-positioned to improve financial workflows for businesses and capture substantial market share in the fintech space.