Swan: Funding, Investors & Team (Sep 2026)
Swan, a European leader in innovative financial technology, specializes in embedded finance. Its Banking-as-a-Service (BaaS) offering provides a seamless solution for businesses to integrate banking features. Through Swan's user-friendly APIs, European companies can easily incorporate banking services, including accounts, cards, and payments, into their own products. Established in 2019, this fintech processes transactions worth more than 200 million euros per month for over 60 companies across ten European countries. Swan boasts a team of over 100 employees, led by experienced fintech professionals and entrepreneurs such as Nicolas Benady, Nicolas Saison, and Mathieu Breton. With the support of startup studio eFounders and prominent venture capital investors like Creandum and Accel, Swan operates as a Mastercard principal member and a licensed financial institution, regulated by the ACPR.
Swan has raised $88.5M across 3 funding rounds on record, the most recent a Series B of $43.8M announced in Jan 2025.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Swan Company Profile and Key Stats
Latest funding round on record: Jan 2025.
Swan Funding Rounds
Swan raised $5.0M in an undisclosed round announced in Sep 2020.
3 years later, a Series B of $39.7M was announced in Sep 2023.
1.3 years later, a Series B of $43.8M was announced in Jan 2025.
Swan Founders and Leadership Team
Contact details for the Swan team: 1 of 2 have an email address on file.
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Swan's latest round of $43.8M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Swan Funding FAQs
What does Swan do?
Swan, a European leader in innovative financial technology, specializes in embedded finance. Its Banking-as-a-Service (BaaS) offering provides a seamless solution for businesses to integrate banking features. Through Swan's user-friendly APIs, European companies can easily incorporate banking services, including accounts, cards, and payments, into their own products. Established in 2019, this fintech processes transactions worth more than 200 million euros per month for over 60 companies across ten European countries. Swan boasts a team of over 100 employees, led by experienced fintech professionals and entrepreneurs such as Nicolas Benady, Nicolas Saison, and Mathieu Breton. With the support of startup studio eFounders and prominent venture capital investors like Creandum and Accel, Swan operates as a Mastercard principal member and a licensed financial institution, regulated by the ACPR.
How much funding has Swan raised?
Swan has raised $88.5M across 3 rounds on record. The most recent is a Series B of $43.8M announced in Jan 2025.
When did Swan last raise funding?
Swan's most recent funding round on record is a Series B of $43.8M, announced in Jan 2025.
Who founded Swan?
FundedIQ lists Nicolas Saison (Founder) at Swan.
Who is the CEO of Swan?
Nicolas Benady is listed as CEO at Swan.
Where is Swan headquartered?
Swan is based in Paris, Ile-De-France, France.
How many employees does Swan have?
Swan is in the 101-250 employee band.
How does Swan's funding compare to other Financial Services startups?
Swan's latest round of $43.8M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Swan Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Swan is left off this page rather than filled in.
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