SOLUTIONS FOR YOUR BUSINESS

We provide specialised software and expert services to help your business grow.
From compliance and ESG tools to tech team support, our portfolio delivers what you need to succeed.

THE PENGUIN

WHY? 
We believe software has the power to solve meaningful challenges.
Penguin Formula exists to create and grow digital products that enable innovation, foster growth, and deliver sustainable impact. Our mission is to build solutions with purpose.

HOW? We incubate and scale high-potential software ventures that solve real problems—across identity, compliance, collaboration, and operational efficiency.
Each company under Penguin Formula shares a strong foundation of product vision, ethical innovation, and long-term value creation.

WHAT? Penguin Formula is a European holding company of digital product ventures.
We develop and operate purpose-built software tools that help businesses thrive in an increasingly complex digital landscape.

From talent shortage to software excellence

In 2016, faced with a shortage of skilled developers in the Netherlands, we turned to Portugal. What began as a trial quickly became a turning point—thanks to the remarkable quality, communication, and output of the developers we met there.

Within a year, we had a complete, high-performing team in Lisbon. This experience proved that the right people, supported in the right way, could dramatically accelerate growth. It also laid the foundation for Penguin Formula.

From outsourcing partner to purposeful portfolio

As demand increased, so did our ambition. We expanded our talent pool into Brazil—discovering another wave of developers who matched our values: skilled, proactive, and trustworthy.

But something shifted. We realised our most meaningful work wasn’t just in executing others' ideas—it was in building the solutions ourselves. This was the moment Penguin Formula transformed: from a software outsourcing company to a holding group of specialised ventures.

Mission
We unite top software talent to build purposeful digital solutions—empowering clients to grow through innovation.

Vision
To be Europe’s most inspiring hub for impactful software ventures.

Values
Clarity. Care. Drive. Trust. Growth.
We communicate openly, support personally, move fast, work as one, and think long-term.

OUR SOLUTIONS

EMS

LetShare 

Proposal and sales platform designed for hotels and event venues to streamline client management.

Focus: Proposal management & B2B sales automation

CPS

IRMA Solutions

Compliance and risk management tools designed for integrity regulators and sectors focused on AML, anti-terrorism, and fraud prevention.

Focus: Regulatory compliance & risk controls

SnapTest

WeCookIT

Outsourcing partner providing dedicated development teams and custom software delivery.

Focus: Product development & tech team extension

PIAF

NUDU

ESG compliance software helping businesses meet sustainability and governance standards.

Focus: ESG reporting & compliance

DPO-ONE

DPO One

Simplified GDPR and LGPD compliance platform for managing privacy documentation and reporting.

Focus: Data privacy & regulatory compliance

TDD

Binnsight

Financial compliance solutions including AML and KYC, tailored for Brazil and Europe.

Focus: Anti-money laundering & onboarding

JOIN US!

AS A TEAM MEMBER AS A CLIENT

WHERE WE ARE

In the best Avenue of  Lisbon.

Avenida da Liberdade! Possibly, the noblest area in Lisbon, an amazing place. Who lives here usually don't want to be anywhere else. And our office is really in the heart of the city!
 

avenida da liberdade

PENGUIN FORMULA



LISBON HEADOFFICE

Avenida da Liberdade
230, 1250-148 Lisbon
PORTUGAL



AMSTERDAM OFFICE

Hogeweg,14 1098 CB Amsterdam
NETHERLANDS 

(+351) 213 471 301

info@penguinformula.com