French fintech startup Swan has successfully raised €42 million in an extension of its Series B funding round. The funding was led by Eight Roads, with participation from Lakestar, Accel, Creandum, Hexa, and Bpifrance. This capital injection follows a previous raise of €37 million in September 2023 and is intended to bolster Swan's position as a leader in embedded finance across Europe. The company aims to focus on product innovation, European expansion, and customer growth as it seeks to enhance its services for fintechs catering to small businesses.
#Swan secured an additional $42M in its Series B funding round with @Accel, a StepStone platform manager, participating. The fintech plans to invest in product innovation, European expansion, and customer growth. Read more:https://t.co/6HV5nGXqIn
Swan lève 42 millions d’euros pour gagner du terrain en Europe. Après avoir réuni 37 millions d’€ en septembre 2023, la start-up de finance embarquée veut ainsi poursuivre l’accélération de son activité auprès des fintechs dédiées aux petites entreprises. https://t.co/8jTInhqu5J
French fintech startup Swan raises $44m series B https://t.co/QVlJdggsqp