{"id":501515,"date":"2021-07-08T05:29:55","date_gmt":"2021-07-08T04:29:55","guid":{"rendered":"https:\/\/ibsintelligence.com\/?p=501515"},"modified":"2021-09-21T12:11:21","modified_gmt":"2021-09-21T12:11:21","slug":"gocardless-and-pennylane-to-enable-smes-to-automate-payments","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/","title":{"rendered":"GoCardless and Pennylane to enable SMEs to automate payments"},"content":{"rendered":"<p><a href=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-496243 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg\" alt=\"\" width=\"210\" height=\"210\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg 300w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless-100x100.jpg 100w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless-60x60.jpg 60w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless-90x90.jpg 90w\" sizes=\"auto, (max-width: 210px) 100vw, 210px\" \/><\/a><a href=\"https:\/\/gocardless.com\/\">GoCardless<\/a>, a FinTech in account-to-account payments, has joined forces with Pennylane, a financial management and accounting platform designed for companies and their accountants, to offer SMEs and start-ups a seamless way to manage and collect recurring payments. The partnership will combine Pennylane\u2019s new subscription management functionality, enabling businesses to automate the creation of recurring invoices and accounting, with GoCardless\u2019 global bank debit network, allowing them to automatically debit their customers when each payment is due.<\/p>\n<p>Rachel Astall, Director of Partnerships at GoCardless, said: \u201cWe\u2019re excited to work with Pennylane, a company that is a great cultural fit with our own. With its vision to be the best financial operating system for startups and SMEs in Europe and our mission to take the pain out of getting paid, this partnership revolves around our mutual obsession to help merchants save time, reduce costs, maximise cash flow and, ultimately, focus on what they do best. We can\u2019t wait to grow with Pennylane and our joint customers.\u201d<\/p>\n<p class=\"css-jh3faj\">News of this partnership comes after Pennylane announced an $18m funding round in June led by Sequoia Capital, becoming the first French start-up the famed VC invested in after establishing its European team. Founded in 2020, Pennylane now supports more than 1,200 business leaders and 100 accounting firms.<\/p>\n<p>Arthur Waller, CEO at Pennylane, said: &#8220;We are very happy to work with GoCardless, with whom we share the same ambition: to facilitate the financial management of SMEs so that business owners can focus on their customers and the growth of their company. Automating sales management and providing companies with better visibility of upcoming payments are two key elements in achieving this ambition.&#8221;<\/p>\n","protected":false},"author":8,"featured_media":496243,"parent":0,"template":"","categories":[11378,11384],"tags":[11868,12902],"class_list":["post-501515","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-open-banking","category-payments","tag-america","tag-gocardless"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GoCardless and Pennylane to enable SMEs to automate payments<\/title>\n<meta name=\"description\" content=\"GoCardless has joined forces with Pennylane to offer SMEs and start-ups a seamless way to manage and collect recurring payments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GoCardless and Pennylane to enable SMEs to automate payments\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-21T12:11:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/\"},\"author\":{\"name\":\"Megha Bhattacharya\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1\"},\"headline\":\"GoCardless and Pennylane to enable SMEs to automate payments\",\"datePublished\":\"2021-07-08T04:29:55+00:00\",\"dateModified\":\"2021-09-21T12:11:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/\"},\"wordCount\":283,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg\",\"keywords\":[\"America\",\"GoCardless\"],\"articleSection\":[\"Open Banking\",\"Payments\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/\",\"name\":\"GoCardless and Pennylane to enable SMEs to automate payments\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg\",\"datePublished\":\"2021-07-08T04:29:55+00:00\",\"dateModified\":\"2021-09-21T12:11:21+00:00\",\"description\":\"GoCardless has joined forces with Pennylane to offer SMEs and start-ups a seamless way to manage and collect recurring payments.\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/04\/GoCardless.jpg\",\"width\":300,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/gocardless-and-pennylane-to-enable-smes-to-automate-payments\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GoCardless and Pennylane to enable SMEs to automate payments\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News &amp; 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