--- title: French fintech Pennylane raises €175M | daily.dev description: Paris-based fintech Pennylane secured €175M in funding led by TCV and Blackstone Growth, reaching a €3.6B valuation. The company plans to invest heavily in... canonical: https://daily.dev/posts/french-fintech-pennylane-raises-175m-h5vzbew9e twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: French fintech Pennylane raises €175M | daily.dev og:description: Paris-based fintech Pennylane secured €175M in funding led by TCV and Blackstone Growth, reaching a €3.6B valuation. The company plans to invest heavily in... og:url: https://daily.dev/posts/french-fintech-pennylane-raises-175m-h5vzbew9e og:image: https://api.daily.dev/og/posts/h5VZbeW9e.png og:image:alt: French fintech Pennylane raises €175M og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # French fintech Pennylane raises €175M **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Paris-based fintech Pennylane secured €175M in funding led by TCV and Blackstone Growth, reaching a €3.6B valuation. The company plans to invest heavily in AI-powered features for its financial operating system, which serves SMEs and accounting firms across Europe. The funding will support generative AI development for automating bookkeeping, adapting to upcoming EU e-invoicing regulations, and expanding into markets like Germany. The raise signals continued investor confidence in European fintech despite a selective funding environment, with Pennylane positioning itself for market consolidation while maintaining founder control. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [FintechOS raises $28M in equity and debt after turning profitable](https://daily.dev/posts/fintechos-raises-28m-in-equity-and-debt-after-turning-profitable-dkgh2o1pt) · The Next Web · 0 upvotes · 0 comments - [Danish startup FlatPay joins the club of European fintech unicorns to track](https://daily.dev/posts/danish-startup-flatpay-joins-the-club-of-european-fintech-unicorns-to-track-kps3mdwyd) · TechCrunch · 0 upvotes · 0 comments - [Adfin raises $18m Series A from Index Ventures for agentic business finance](https://daily.dev/posts/adfin-raises-18m-series-a-from-index-ventures-for-agentic-business-finance-fl0cqnxew) · The Next Web · 0 upvotes · 0 comments - [Cape Town BNPL start-up Happy Pay raises R86-million in seed funding](https://daily.dev/posts/cape-town-bnpl-start-up-happy-pay-raises-r86-million-in-seed-funding-v5yqec2zp) · TechCentral · 0 upvotes · 0 comments - [Ventures Platform, one of Africa’s most active early-stage investors, has raised another $64 million](https://daily.dev/posts/ventures-platform-one-of-africa-s-most-active-early-stage-investors-has-raised-another-64-million-akgivfuxr) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#fintech](https://daily.dev/tags/fintech), [#venture-capital](https://daily.dev/tags/venture-capital) [View this post on daily.dev](https://daily.dev/posts/french-fintech-pennylane-raises-175m-h5vzbew9e) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"French fintech Pennylane raises €175M","url":"https://daily.dev/posts/french-fintech-pennylane-raises-175m-h5vzbew9e","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/french-fintech-pennylane-raises-175m-h5vzbew9e"},"datePublished":"2026-01-23T13:18:49.361Z","dateModified":"2026-03-15T04:53:06.061Z","description":"Paris-based fintech Pennylane secured €175M in funding led by TCV and Blackstone Growth, reaching a €3.6B valuation. 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