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Pennylane

Unified financial operating system for SMEs

IT Manager

Full-TimePosted on 7/21/2026
No salary listed
Mid
Île-de-France, France
Hybrid
IT Operations

About the job

Requirements
  • Proven experience as an IT Lead, IT Project Manager, or in a similar role in a fast-growing SaaS or technology environment.
  • Experience managing operational IT projects and cross-functional initiatives.
  • Strong hands-on experience with SaaS administration tools such as Google Workspace, Jamf, Slack, Notion, Okta, and Cloudflare Zero Trust.
  • Solid understanding of Identity and Access Management concepts, including Single Sign-On and System for Cross-domain Identity Management.
  • Comfort working in Apple and macOS environments.
  • Good understanding of IT security, access governance, and compliance frameworks such as ISO 27001 or SOC 2.
  • Fluent in both English and French, written and spoken.
  • Ability to drive topics end-to-end, balance security, scalability, and user experience, communicate with stakeholders, document work rigorously, prioritize, and organize in a fast-moving environment.
Responsibilities
  • Lead the IT Projects team and oversee the evolution of the company’s internal IT environment.
  • Prioritize the team’s roadmap and initiatives.
  • Coach and develop team members.
  • Define quality standards and best practices.
  • Ensure successful project delivery and build a culture of ownership, collaboration, and continuous improvement.
  • Own the administration, security, and evolution of internal IT platforms, including Google Workspace, Okta, Jamf, Cloudflare Zero Trust, Slack, Notion, Identity and Access Management, Single Sign-On, System for Cross-domain Identity Management, and SaaS lifecycle management.
  • Lead cross-functional IT projects, automate repetitive tasks, standardize processes, improve internal documentation, optimize workflows and existing tools, and improve the employee experience.
  • Work with Security teams to apply ISO 27001 and DORA standards, conduct access reviews and internal audits, and continuously improve security practices.
Desired Qualifications
  • Previous experience leading or mentoring technical teams.
  • Scripting and automation skills, including Bash, Zsh, or Python.

About the company

Pennylane provides a financial operating system for European SMEs and their accountants. It unifies invoicing, payments, cash management, bookkeeping and tax filings into one collaborative platform. The system uses modular financial tools that sync data across modules and adds German localization, authorized e-invoicing infrastructure, and AI-powered copilots to assist accountants. Its goal is to become the standard end-to-end financial operations stack for Europe’s SMEs and their accountants, expanding payments capabilities and tax/compliance integration.

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$443.9M

Headquarters

Paris, France

Founded

2020

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Simplify's Take

What believers are saying

  • Pennylane raised €175 million in January 2026 led by TCV.
  • It serves 800,000 companies and 6,000 accounting firms, with 115 million euros ARR.
  • Germany expansion and 2026 e-invoicing demand create immediate adoption tailwinds.

What critics are saying

  • Qonto and banks attack Pennylane's SME workflows, compressing acquisition economics.
  • France's September 2026 e-invoicing rollout exposes implementation failures and support overload.
  • A failed German launch leaves Pennylane dependent on France's regulated market and invites commoditization.

What makes Pennylane unique

  • Pennylane combines accounting, banking, invoicing, and payments for French SMEs.
  • Its approved PDP e-invoicing status embeds French compliance competitors struggle to replicate.
  • Accountants collaborate on one platform with clients, creating workflow lock-in.

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Benefits

  • Remote Work Options
  • Company Equity
  • Home Office Stipend
  • Wellness Program
  • Paid Vacation
  • Health Insurance
  • Lunch Credits
  • Flexible Work Hours
  • Gym Membership
  • 401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%
Tech.eu
Jul 1st, 2026
Qonto and Pennylane: French fintech friends and foes vie for SME market dominance

Qonto and Pennylane, two Paris-based fintechs, operate as both partners and competitors in Europe's SME financial services market. Qonto, founded in 2016 and valued at $5 billion, serves over 600,000 customers across eight European countries with business banking, corporate cards and bookkeeping tools. Pennylane, founded in 2020 and valued at $4.25 billion, has over 800,000 customers using its all-in-one accounting and financial management platform. Whilst both companies integrate with each other's services, they increasingly compete for business. The rivalry will intensify as France introduces mandatory electronic invoicing for B2B transactions in September. Qonto is pursuing a French banking licence to offer lending products, whilst Pennylane recently raised $200 million to fund potential acquisitions. Qonto's managing director emphasises their different customer acquisition strategies, though both target traditional financial incumbents.

Tech.eu
Jan 20th, 2026
French accounting software platform Pennylane raises $200M

The funding round values Pennylane at $4.25bn, according to a report.

Tech Funding News
Jan 20th, 2026
French unicorn Pennylane raises $200M to lead Europe's AI accounting race

Pennylane, a French accounting software startup, has raised $200 million in a funding round led by TCV, with participation from Blackstone Growth and existing investors Sequoia, DST, CapitalG and Meritech. Founded in 2020 by Arthur Waller, Pennylane offers an all-in-one platform combining accounting production, financial management and payments, designed for seamless collaboration between accountants and their clients. The company differentiates itself from competitors like Xero and QuickBooks through its European regulatory focus and partnership approach with accounting firms. The platform features AI-driven automation, real-time financial insights and integrated payment tools. Pennylane now supports 6,000 accounting firms and 800,000 companies, employing 1,000 people. The funding will accelerate AI development and European expansion as the company approaches profitability.

Tech Funding News
Nov 26th, 2025
French unicorn Pennylane nears $200M raise at $4.25B valuation to reshape SME accounting — TFN

French company Pennylane is negotiating a fresh investment of around $200 million at a $4.25 billion valuation.

The French Tech Journal
Apr 18th, 2025
Pennylane Raises €75M, Eyes France Growth

Pennylane, a French fintech, has secured a €75 million funding round, doubling its valuation to €2 billion. The company plans to leverage new invoicing regulations and AI to expand, focusing on France before targeting continental Europe. With 4,500 accounting firms and 350,000 SMEs as clients, Pennylane aims to capitalize on France's mandatory e-invoicing reform by 2026. CEO Arthur Waller projects $100 million ARR this year, emphasizing AI's role in enhancing accountant services.

INACTIVE