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Pennylane targets European expansion after $4.25B valuation

By Drooid · Oct 23, 2026, 4:01 PM UTC · How we work

Summary

Story summary

Pennylane aims to expand across Europe after achieving a $4.25 billion valuation this year.
Its bookkeeping software serves roughly one-third of France’s small and medium-size businesses.
Founder and CEO Arthur Waller said the firm could become a €500 billion enterprise.
AI and new regulations are forcing French accountants to modernize their advisory role.

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Story summary

Pennylane aims to expand across Europe after achieving a $4.25 billion valuation this year.
Its bookkeeping software serves roughly one-third of France’s small and medium-size businesses.
Founder and CEO Arthur Waller said the firm could become a €500 billion enterprise.
AI and new regulations are forcing French accountants to modernize their advisory role.