Tech Company Financing Transactions
Swan Funding Round
On 9/14/2023, Swan raised $39.5 million in Series B financing from Lakestar and private investors.
Transaction Overview
Company Name
Announced On
9/14/2023
Transaction Type
Venture Equity
Amount
$39,480,000
Round
Series B
Investors
Lakestar (Lead Investor)
Proceeds Purpose
The company intends to use the funds for continued internationalisation, which will include launches in the Netherlands in the coming months and Italy in early 2024.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
71 rue du Faubourg Saint-Martin
Paris, 75010
FR
Paris, 75010
FR
Phone
Undisclosed
Website
Email Address
Overview
Swan is the easiest way to embed banking features into your product. 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. 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. Swan is a Mastercard principal member and a licensed financial institution, regulated by the ACPR.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nicolas Benady
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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