European Eshuped Banking Startup Swan adds another $ 44 million for Series B

The French Startup Swan has raised some of € 42 million (about $ 44 million at current exchange rates). The company looks at the all around as a second part of the series of B round that was announced in September 2023.

Swan helps other companies provide financial products on a scale. This company can generate Virtual and Body Cards working with Apple Pay and Google Pay. Cards can be prepared for the planning of Swan’s Corporate Clients spending money, authorized merchants, and more.

It can also create accounts for each of IBAN. In this way, supporting accounts, paying, and second repayment. These accounts can be used as a repayment source of payment card.

A few fast-growing companies choose swan as their banking partner are embedded. For example, the Penccylane, French accounting is Unicorn last year, now provides accounts and payment cards to its customers and rely on Swan in those features.

Similarly, Indy, one administrative assistant in hard workers, turned and changed their accounts and offerings. Some customers include Agagicap, Factorial, Lucca, and Serame.

Overall, swan applies to 150 companies and processes 6,5 billion in monthly transaction.

Eight Road Ventures leads the second tranche with the existing investors, ACCEAND, Creamd, Hexa and Bpivanance joining again; The Bpifarance originally invested in Swan’s rounded seeds by its digital bag.

“We believe that the empowered financial opportunity will be given directly when users are present, within the existing and traveling software.

While the company does not reveal its estimation, the Fector of Swan and the CEO Nicolas benady telling the TechCrunch to be higher than ever. “We are not unicorn right now, so we don’t say it,” he said.

While Fickechs Many Fickips made up of products on other Fichech API and products, swan forms its Core Banking Bank budget system. That is why you can give local Bans and add specific products to the country.

As for Kakani customers, having a managing option without managing the exact opportunity is a fun opportunity. Swan catches bonds to keep up with the KYC (“Know your customer”). Through Thursday’s coins, Uswan will continue to expand the expansion of many countries, and the following Italy next to the roadmap.