Fundz

Swan Secures $40 Million To Bring Embedded Banking To Europe

Sep 13, 2023

Amount Raised

$40 Million

Round Type

Funding Round

ParisFinancial ServicesFintechLending

Description

For the past few years, everybody working in fintech has been talking about embedded finance. It’s supposed to be the next revolution in financial services — bringing financial services to other products and services so that these services are as seamless as possible for the end users.

Quick answer

Swan raised $40 Million in a Funding Round round, dated September 13, 2023. Swan is based in Paris, Ile-de-France, France.

How much did Swan raise?
Swan raised $40 Million in a Funding Round round on September 13, 2023.
What does Swan do?
Swan is a European fintech and innovation leader in embedded finance.
Where is Swan based and how big is it?
Swan is based in Paris, Ile-de-France, France. Fundz records about 280 employees.
Who are the decision-makers at Swan?
Fundz holds 1 contact at Swan. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Swan that raised within 45 days of this round, from Fundz verified event records.

  • Credit Genie raised $10M (Funding Round) on October 20, 2023.
  • ZSuite Technologies, Inc. raised $3.2M (Series A) on October 11, 2023.
  • Untangled Finance raised $14M (Funding Round) on October 11, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.
  • Clip Money raised an undisclosed amount (Corporate Round) on September 22, 2023.
  • T-Rex Group, Inc. raised $10M on September 18, 2023.

Who to call at Swan, and when

A new round usually means Swan is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Swan raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Swan, from your own LinkedIn network

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Company Information

Company

Swan

Location

Paris, Ile-de-France, France

About

Swan is a European fintech and innovation leader in embedded finance. Swan’s Banking-as-a-Service (BaaS) platform is the easiest 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. Founded in 2019, Swan processes around 300 million euros of transactions per month, for 100+ companies across ten European countries. Swan has over 150 employees and is led by fintech experts and experienced entrepreneurs Nicolas Benady, Nicolas Saison and Mathieu Breton. The company was founded with the startup studio, eFounders, and has received growth capital from leading VC investors such as Lakestar, Accel, Creandum, and Bpifrance.

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Swan raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.