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Penny Software

Penny Software

Penny Software develops cloud-based procurement software for enterprise source-to-pay workflows.

HQ
Riyadh, Riyadh Region, SA
Founded
2020
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Penny Software - Library

Official pages and third-party coverage in one index.

penny.co·5 items·

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Official pages and third-party coverage in one index

Coverage

5 items
  1. Penny Software Expands Global Footprint with new UK Office to Drive AI Procurementthefintechtimes.com/penny-software-expands-global-footprint-with-new-uk-office-to-drive-ai-procurement/

    Penny Software opens a new office in Derby, UK, to extend its Saudi source-to-pay platform into the UK and European markets. The company describes the office as a base to drive AI-enabled procurement and further expand its global footprint.

    Feb 2026 · The Fintech TimesNews article

  2. KPMG deepens procurement technology offering with Penny Softwareconsultancy-me.com/news/10321/kpmg-deepens-procurement-technology-offering-with-penny-software

    KPMG deepens its procurement technology offering through an alliance with Penny Software, pairing its advisory expertise with the Saudi source-to-pay platform. The combined offering serves enterprise procurement clients in the region.

    Mar 2025 · Consultancy Middle EastNews article

  3. Penny Software Secures Pre-Series A Fundingthesaasnews.com/news/penny-software-secures-pre-series-a-funding/

    Penny Software, a Saudi Arabia-based B2B SaaS procurement startup, secures a pre-Series A funding round led by Iliad Partners, with GSI and Knollwood Investments participating. Existing investors Dallah Investment, Hambro Perks Oryx Fund, Class 5 Global, the Altuwajiri family fund, and strategic angels also participate in the round.

    Apr 2024 · The SaaS NewsNews article

  4. Penny Software to launch Mastercard Track™ Business Payment Service in Saudi Arabia and Menawamda.com/2021/08/penny-software-launch-mastercard-track-business-payment-service-saudi-arabia-mena

    Penny Software announces a partnership to launch Mastercard Track Business Payment Service in Saudi Arabia and the MENA region. The launch extends its source-to-pay procurement and business payments offering across the region.

    Aug 2021 · WamdaNews article