What is Swan?
Swan is recognized as a leading European fintech innovator, focusing on embedded banking solutions. As a laureate of the prestigious "French Tech Next 120" program, Swan has demonstrated its potential as a key technology champion within the French ecosystem. The company's core offering facilitates the integration of banking services directly into other platforms, enabling businesses to offer financial products seamlessly. This strategic approach positions Swan to capitalize on the growing trend of Banking-as-a-Service (BaaS) and open banking initiatives across the continent.
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 Eight Roads Ventures, Accel, Lakestar, and Creandum
Key Investors in Swan
Eight Roads Ventures
Eight Roads Ventures is a venture capital investment company with a focus on real estate, venture, and growth businesses, likely bringing strategic growth capital and market expertise to Swan's expansion.
Accel
Accel is a global venture capital firm known for partnering with exceptional teams from inception through growth phases, suggesting a role in guiding Swan's scaling and market penetration strategies.
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs, particularly in sectors like Fintech, indicating a strategic interest in Swan's innovative embedded banking model and its potential for disruption.
What's next for Swan?
The recent major strategic investment signals Swan's intent to accelerate its European expansion and further develop its embedded banking platform. With significant capital now available, the company is poised to enhance its technological capabilities, broaden its service offerings, and potentially enter new geographic markets. This infusion of funding will likely support strategic hiring, bolster marketing efforts, and enable partnerships that will drive adoption of its embedded finance solutions. Swan's trajectory suggests a focus on scaling its infrastructure to meet increasing demand and solidifying its leadership in the embedded finance sector.
See full Swan company page
