About Swan
Swan is a company based in Paris (France) founded in 2017 by Mathieu Breton and Nicolas Benady. It operates as a API-as-a-Product, and FinTech. Swan has raised $108.1 million across 5 funding rounds from investors including Accel, Hexa and Lakestar. Swan offers products and services including Business Accounts and Card Programs. Swan operates in a competitive market with competitors including Tink, TrueLayer, Prime Trust, AuthBridge and Numeral, among others.
- Headquarter Paris, France
- Founders Mathieu Breton, Nicolas Benady
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swan Sas
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Annual Revenue
$2.17 (USD)0as on Dec 31, 2023
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Net Profit
$45.2 K (USD)969as on Dec 31, 2023
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EBITDA
$45.2 K (USD)969as on Dec 31, 2023
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Total Equity Funding
$108.1 M (USD)
in 5 rounds
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Latest Funding Round
$43.76 M (USD), Series B
Jan 30, 2025
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Investors
Accel
& 8 more
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Employee Count
Employee Count
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Products & Services of Swan
Swan offers a comprehensive portfolio of products and services, including Business Accounts and Card Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Embedded accounts are provided for business financial management.
Customizable card programs are offered for business payments.
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Funding Insights of Swan
Swan has successfully raised a total of $108.1M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $43.76 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $43.8M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series B - Swan | Valuation | Eight Roads Ventures | |
| Sep, 2023 | Amount | Series B - Swan | Valuation | Lakestar |
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| Sep, 2021 | Amount | Series A - Swan | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Swan
Swan has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Hexa and Lakestar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment and global platform support for startups.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Swan
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Swan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swan Comparisons
Competitors of Swan
Swan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tink, TrueLayer, Prime Trust, AuthBridge and Numeral, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tink is recognized as a leading European open banking platform.
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| domain | founded_year | HQ Location |
Provider of open banking API solutions for payment institutions
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| domain | founded_year | HQ Location |
Payment technology is provided for connectivity to banks and schemes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Swan
Frequently Asked Questions about Swan
When was Swan founded?
Swan was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Swan located?
Swan is headquartered in Paris, France.
Who is the current CEO of Swan?
Nicolas Benady is the current CEO of Swan. They have also founded this company.
Is Swan a funded company?
Swan is a funded company, having raised a total of $108.1M across 5 funding rounds to date. The company's 1st funding round was a Series A of $18.7M, raised on Jun 01, 2020.
What is the annual revenue of Swan?
Annual revenue of Swan is $2.17 as on Dec 31, 2023.
What does Swan do?
Swan is established as a leading platform for embedded banking across Europe, offering white-labeled accounts, cards, and payment solutions. Services are integrated into various industries including accounting, treasury, property technology, HR technology, health, insurance, and travel. Comprehensive technical and regulatory expertise is provided to ensure seamless integration. Partnerships are formed to enhance user financial experiences, driving business growth through innovative banking features. Compliance and security are managed to alleviate regulatory burdens for clients.
Who are the top competitors of Swan?
Swan's top competitors include Tink, TrueLayer and AuthBridge.
What products or services does Swan offer?
Swan offers Business Accounts and Card Programs.
Who are Swan's investors?
Swan has 9 investors. Key investors include Accel, Hexa, Lakestar, Bpifrance, and Eight Roads Ventures.
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