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PennyWorks

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Serving customers since
2021
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PennyWorks

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PennyWorks is a full-service crypto bookkeeping platform designed to manage and reconcile 100% of your digital asset transactions across all chains, protocols, and custom smart contracts. By offering a comprehensive, transparent, and experienced approach, PennyWorks alleviates the complexities associated with decentralized finance (DeFi accounting, enabling clients to focus on their core activities without the headache of manual bookkeeping. Key Features and Functionality: - Comprehensive Coverage: Handles all digital asset transactions, regardless of the chain, protocol, or custom smart contract involved, ensuring no transaction is overlooked. - Transparent Reporting: Provides easily auditable books and journals with direct links to the source of each transaction, accessible through an intuitive dashboard and downloadable reports. - Experienced Team: Led by DeFi veterans who have firsthand experience in managing and reconciling complex digital asset portfolios, bringing a wealth of knowledge and expertise to the platform. Primary Value and User Solutions: PennyWorks addresses the critical challenge of managing and reconciling complex digital asset transactions in the DeFi space. By automating and streamlining the bookkeeping process, it eliminates the manual effort and potential errors associated with tracking diverse and intricate transactions. This allows investors and businesses to maintain accurate financial records, ensure compliance, and make informed decisions without being bogged down by the intricacies of crypto accounting.

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HQ Location:
Hoboken, US

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What is PennyWorks?

PennyWorks is a financial services platform that offers users the opportunity to earn interest on their digital assets. The platform aims to simplify access to decentralized finance by providing a secure and user-friendly way for individuals to grow their wealth through earning passive income. PennyWorks focuses on transparency and usability, ensuring users can benefit from the emerging DeFi space without needing extensive technical knowledge. The company emphasizes risk management and offers insights to help users make informed financial decisions.

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Year Founded
2021