Swan is a European fintech in embedded finance. Swan’s Banking-as-a-Service (BaaS) platform is a way for companies to embed banking features. Via its simple APIs, European companies can integrate banking services (accounts, cards and payments) quickly and easily into their own product.
The startup processes around 300 million euros of transactions per month, for 100+ companies across ten European countries. Here are details of Swan’s latest funding round :
🚀 Launch
2019
🏭 Industry
Financial services (BaaS)
🧠Management
Nicolas Benady, Mathieu Breton, Guillaume Dretz, Milena A.
💸 Funding & Investors
- Investment (September 2023) : €37 million (Series B)
- Investors : by Lakestar, alongside reinvestment from existing investors.
🎯 Funding purpose
Expansion in The Netherlands and Italy.
🌐 Country HQ
France