<ul><li>Paris-based Pennylane has raised €75 million in funding to strengthen its position as a leading solution for European businesses and accounting firms in the electronic invoicing sector.</li><li>The round was led by Sequoia Capital, Capital G, and Meritech, with DST also participating.</li><li>Pennylane aims to provide integrated financial management and electronic invoicing services for SMEs and their accountants.</li><li>The funding will be used to support the company's growth and expand their team, as well as develop additional services for businesses and firms.</li></ul>

Unicorn Pennylane bags an additional €75 million for electronic invoicing

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