What is Swan?
Swan operates as a premier European fintech platform specializing in embedded banking. By providing a comprehensive suite of APIs, the company enables businesses to offer white-labeled financial products—such as accounts, cards, and payment processing—without the burden of building complex banking infrastructure from scratch. This model effectively democratizes access to financial services, allowing non-financial companies to capture new revenue streams and enhance customer loyalty. Swan's market position is bolstered by its status as a 'French Tech Next 120' champion, a designation that highlights its role as a key driver of digital transformation within the European economy. The firm's focus on compliance, security, and seamless integration has made it a preferred partner for enterprises seeking to modernize their digital offerings.
How much funding has Swan raised?
Swan has raised a total of $104.2M across 2 funding rounds:
Series A
$18.7M
Series B
$85.5M
Series A (2021): $18.7M with participation from Bpifrance, Creandum, and Accel
Series B (2025): $85.5M led by Accel, Lakestar, Eight Roads Ventures, and Creandum
Key Investors in Swan
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth, focusing on scaling innovative businesses.
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs, focusing on sectors such as Deep Tech, Healthcare, and Fintech from Seed to Growth stages.
Eight Roads Ventures
Eight Roads is a global venture capital investment company specializing in supporting high-growth businesses across various sectors, including technology and real estate.
What's next for Swan?
With the successful closure of this major strategic investment, Swan is well-positioned to accelerate its pan-European expansion strategy. The capital will likely be deployed to enhance product capabilities, deepen market penetration in key jurisdictions, and scale operational infrastructure to meet the rising demand for embedded finance solutions. As the company enters this next phase of growth, the focus will shift toward maintaining its competitive edge through technological innovation and strategic partnerships. By leveraging the expertise of its high-profile investor base, Swan is poised to solidify its leadership in the fintech space, potentially setting new standards for how enterprises integrate banking services into their core business models. The roadmap ahead suggests a continued commitment to simplifying financial complexity for its growing client base across the continent.
See full Swan company page
