French fintech Pennylane becomes Europe’s latest unicorn

The accounting software startup plans to double-down on growth and expand its AI services, including the release of its first chatbot.

February 8, 2024 · 1 min · 71 words · Melissa Chavez

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The fresh funds have doubled the companys valuation to 1bn, making it the first French unicorn of 2024.

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This will include the set-up of a chatbot specifically aimed at accountants.

French fintech Pennylane becomes Europe’s latest unicorn

While it is scant on details so far, it wouldnt be the first fintechto launch its own chatbot.

Story bySion Geschwindt

Sion is a freelance science and technology reporter, specialising in climate and energy.

Siôn Geschwindt