The Problem We Couldn't Ignore
Back in 2018, our founders were working with mid-sized Australian businesses who were drowning in outdated financial systems. Spreadsheets everywhere, manual processes eating up hours, and banking tools that felt like they were designed in the 1990s.
We realized something important: the financial technology industry was obsessed with flashy features but ignored the fundamental need for systems that actually make daily work easier.
That's when penavotelo was born. Not from a boardroom brainstorming session, but from countless conversations with business owners who just wanted their financial tools to work without constant headaches.