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Penny

Effortlessly manage your money and reduce financial stress with a personal finance app that simplifies and organizes your income and spending.

Founded 2015 Pre-Seed Total: $1.32M Finance, Financial Services +1

General Information

Company Name Penny
Founded Year 2015
Industries Finance, Financial Services, Mobile
Funding Stage Pre-Seed
Social

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About Penny

Penny is a personal finance app that aims to simplify and organize users' income and spending to reduce financial stress. The app accesses users' statement history with their permission to provide insights and assist in managing finances. Penny, founded in 2015, received a $120.00K Pre Seed Round investment on 20 March 2017 from Y Combinator. The app's slogan is "Effortlessly manage your money and reduce financial stress with a personal finance app that simplifies and organizes your income and spending." Penny operates in the Finance, Financial Services, and Mobile industries. With the growing awareness and demand for personal finance management tools, Penny's approach to simplifying financial management could resonate with consumers seeking an accessible and user-friendly solution.

Business keywords: personal finance app, financial management, expense tracking, budgeting, money management, financial planning, financial organization, automated finance, financial stress reduction, statement history analysis

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $120.00K 1
Y Combinator
20 Mar 2017
Seed Round $1.20M 3
Social Capital, David King +1
23 May 2016

Penny Alternatives & Competitors

View All Alternatives
Penny vs

The simplest way for couples to split expenses and save together.

Equity Crowdfunding
11 employees
Finance, Financial Services
Penny vs

اُحكم دراهمك.

Pre-Seed
58 employees
Finance, Financial Services
Penny vs
BudgetBakers
BudgetBakers Czech Republic

Stay on the top of your finance.

Venture round
31 employees
Finance, Fintech

FAQ About Penny

Effortlessly manage your money and reduce financial stress with a personal finance app that simplifies and organizes your income and spending.
Penny was founded in 2015.
Penny operates in Finance, Financial Services and Mobile. Its work centres on personal finance app, financial management, expense tracking and budgeting.
Penny has completed 2 funding rounds, raising a total of $1.32M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Penny include Lumio - Couples finance, Drahim | دراهم, BudgetBakers, PocketGuard, Money Dashboard (acquired by ClearScore). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Penny and Lumio - Couples finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Penny, https://bouncewatch.com/company/penny-1, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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