The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Professional Services Professional Legal And Technical Acconuting Activities Legal And Accounting Activities 69.20 - Accounting, bookkeeping and auditing activities; tax consultancy
100 jobs Number of planned job creations
Announcement Date
8 October 2020
Employment effect (start)
9 October 2020
Foreseen end date
Description
The fintech accounting platform Pennylane, announced the recruitment of 100 employees. The company is offering permanent contracts, mainly for accountants, chartered accountants and developers positions. In its 10 months of existence, Pennylane has generated a turnover of €1 million, recruited more than 55 employees and now supports more than 350 clients on a daily basis (including Luko, the consulting agency Klox, Liberkeys, the Barak, R-PUR, Yuka and Pricemoov restaurants). In May, the young company raised €4 million.
Pennylane offers an alternative to entrepreneurs who often use Excel with a platform entirely dedicated to accounting.
Eurofound (2020), Pennylane, Business expansion in France, factsheet number 102077, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102077.
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