Penneo | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Penneo is a software company based in Copenhagen, Denmark, offering a signing and KYC workflow platform for anti-money-laundering...
Penneo is a software company based in Copenhagen, Denmark, offering a signing and KYC workflow platform for anti-money-laundering regulated B2B companies. Their platform enables companies to optimize and automate critical business processes throughout the client lifecycle, from onboarding to document signing and risk assessment. Penneo is trusted by thousands of companies, including leading auditors, and is focused on saving time on administrative tasks while ensuring regulatory compliance and peace of mind for clients.
Website
Headquarters
København V, Capital Region of Denmark
Size
51-200 employees
Industry
Software Development
Specialities
Electronic Signature, eID, Digital Signature SaaS, Electronic Signature Solutions, Online Digital Signature Service, KYC, AML compliance, Client onboarding
🛍️ Penneo Product and Pricing News →
👔 Penneo CEO, Management and Leadership Team →
⚔️ Penneo Alternatives and Competitors →
💼 Penneo Hiring and Layoffs →
🤖 Penneo Developer, Integration and Automation News →
📈 Penneo Financials, Fundraising and Valuation News →
🛍️ Penneo Product and Pricing News
- Penneo, listed on First North in 2020, faced a tax issue in 2021 where they had to pay taxes on unrealized earnings, and a new law proposal to address this is set for its final reading on November 28, 2024.
- Penneo has successfully expanded in the Belgian market with over 350 accountancy firms using Penneo Sign.
- Penneo is poised to expand in the rapidly growing compliance market, focusing on KYC and anti-money laundering solutions, according to CEO Christian Stendevad.
- Penneo announced a new integration with Tripletex AS to streamline KYC processes by automatically syncing new customers.
- Penneo now offers AdES with national eIDs in the Nordics and SES or AdES for continuous client monitoring as part of Penneo KYC at no extra cost.
- Penneo no longer completes an annual ISAE 3000 audit.
- Penneo showcased their solutions for optimizing KYC processes and digitalizing document signatures at the ITAA 2024 Congress in Brussels Expo on November 7-8.
- Casper Nielsen Christiansen, CFO of Penneo, will speak at Pleo's Beyond event in Copenhagen on November 7th.
👔 Penneo CEO, Management and Leadership Team
-
Chief Executive Officer
[email protected]
⚔️ Penneo Alternatives and Competitors
- DocuSign |
- Adobe Acrobat Sign |
- PandaDoc |
- Xodo Sign |
- GetAccept |
- Box |
- Adobe Acrobat |
- Foxit PDF Editor |
- Scrive eSign |
- OpenText AppEnhancer |
- Diligent Boards |
- AODocs |
- Jotform |
- SignWell |
- Dropbox Sign |
- pdfFiller |
- CryptoESIGN |
- Turbo eSigner |
- Soda PDF |
- Adobe Document Cloud |
- Adobe Sign |
- HelloSign |
- SignNow |
- Signeasy |
- HoneyBook |
- Freshdesk |
- Teamwork |
- ShiftBase |
- TravelPerk |
- Digio |
- PandaDoc Notary |
- eSigns |
- Intapp |
- ART Technology and Software |
- Emergya |
- Certa |
- legaldesk.dk |
- trustpilot.com |
- ase.dk |
- lexly.se
💼 Penneo Hiring and Layoffs
- Penneo's Chief Commercial Officer & Co-founder steps down to pursue new opportunities.
- A co-founder of Penneo has stepped down.
- André Clement, Chief Commercial Officer and co-founder of Penneo, is stepping down to pursue new opportunities in the startup environment.
- Anders Nordstokke Rønning has left Penneo as Director of Sales Norway to join Visena AS as Head of Marketing & Sales in Norway.
- Anders Just Raae Andersen has joined Penneo as an Associate Software Developer in Denmark, previously working in a similar role at another company.
- Joy L. has left Penneo as Engineering Manager to join JOE & THE JUICE as Engineering Manager in Denmark.
- Josefine Nissen joined Penneo as an Office Trainee in Denmark, previously working as a Terminal Worker at Dagrofa Logistik.
- Lisanna Q. has joined Penneo as a Communications Consultant in Denmark, previously working as an Internal Communications at Bavarian Nordic.
🤖 Penneo Developer, Integration and Automation News
- Penneo's Sales Director Belgium, Werner Temmerman, announced a partnership with itsme® to enhance digital compliance for accountancy firms, highlighted in AccountancyVandaag.
- Penneo is used for sending contracts as part of a transition from Google to MS Office at Behandlingsstederne Søbæk.
- Penneo is listed as a key client of 1902 Software Development Corporation, which has an overall rating of 5 stars.
📈 Penneo Financials, Fundraising and Valuation News
- Penneo's Q3-2024 report shows a focus on profitability and plans to achieve cash neutrality by the end of 2025, according to CFO Casper Nielsen Christiansen.
- André Clement, CCO and Co-Founder of Penneo, sold about 40% of his shares to pay a tax bill of approximately 8.5 million DKK after the company's successful IPO.
- On 28 August 2024, Penneo announced its H1 2024 financial results and maintained its 2024 guidance.
- Penneo projects its 2024 EBITDA to be between DKK 5 million and DKK 10 million, with an ARR growth rate of 18-25%.
- Penneo achieved growth and reduced its deficit in the third quarter.
- Penneo reported customer growth in international markets, turning operations to a modest profit in Q2 2024.
- Penneo achieved a 21% year-on-year ARR growth in H1-2024, with ARR from foreign markets growing by 35% to 29.8M DKK and EBITDA improving to negative 2.2M DKK from negative 10.3M DKK in H1-2023.
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