Penneo is a Danish digital signing and KYC compliance platform for auditors and finance teams. See features, pricing model and top alternatives.
Penneo is a Copenhagen-based digital signature and compliance platform founded in 2014 to simplify document signing for professional services firms. Its products, Penneo Sign, Validator and Penneo KYC, combine legally binding e-signatures with document verification and know-your-customer checks aimed at auditors, accountants, banks and law firms.
Penneo was publicly traded on the Nasdaq First North Growth Market Denmark from 2020 until it was acquired by Visma, the Nordic enterprise software group, through a tender offer completed in early 2025, after which it was delisted and became a wholly owned Visma subsidiary.
Penneo Sign provides legally binding electronic signatures with a full audit trail, multi-party signing workflows and an open API for embedding signing into other business applications. Validator lets recipients independently verify the authenticity of signed documents.
Penneo KYC, expanded through the 2020 acquisition of CLA Reply's KYC software, adds identity verification and anti-money-laundering screening, which is particularly relevant for regulated industries like auditing, banking and real estate that must document client due diligence alongside signed agreements.
Penneo does not publish list pricing; prospective customers request a quote based on document volume, the number of users, and which modules (Sign, Validator, KYC) are needed.
Pricing is typically structured for business and enterprise customers such as audit firms, accounting practices and financial institutions rather than individual consumers, reflecting its focus on regulated, high-volume document workflows.
Penneo is used for digital document signing, document verification and KYC/AML compliance, primarily by auditors, accountants, law firms and financial institutions in the Nordic region.
No. Penneo was listed on the Nasdaq First North Growth Market Denmark from 2020 until it was acquired by Visma through a tender offer completed in early 2025, after which it was delisted and became a Visma subsidiary.
Penneo is now wholly owned by Visma, a large Nordic enterprise software group, following a 2024-2025 acquisition.
Penneo was founded in 2014 in Copenhagen, Denmark by six Danish entrepreneurs.
Yes, Penneo KYC provides identity verification and anti-money-laundering screening, expanded through Penneo's 2020 acquisition of KYC software from CLA Reply.
Penneo does not publish pricing publicly; costs depend on document volume, user count and which modules are needed, and require contacting sales for a quote.
Common alternatives include DocuSign, Adobe Acrobat Sign, Signicat and Scrive.
Penneo is most widely used in audit and accounting, banking and finance, legal services, real estate, and administration and HR.