Penny is a cloud-based Procure-To-Pay system. penny helps you digitize and manage your full procurement cycle from request to approval. Manage RFQs, RFP, and RFIs to vendors, compare quotations, send POs, and even payment. penny was designed to make things easy and consolidate all of your organization’s spending needs into one intelligent system.See more
Legal Name
:
Penny Software
Headquarters
:
Riyadh, Ar Riyad, Saudi Arabia
Business Model
:
B2C,
B2B,
B2B2C,
B2G
Founding Date
:
2020
No. of Employees
:
41 to 60
Core Team
:
1.
Iyad Aldalooj
Co-Founder & CEO
2.
Majid Aldalooj
Co-Founder & CFO/COO
Timeline
2020
true
Sep | Raised Funding
Penny Software Raises $1.35 Million in Seed Funding Round.
2021
Aug | Strategic Partnership
Penny Software signs partnership to launch Mastercard Track™ Business Payment Service in Saudi Arabia and the MENA region.