Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

French embedded finance startup Swan raised 37 million euros ($40 million) in a series B investment led by European venture capital giant Lakestar.

use the money to expand its operations in the Netherlands in the coming months, before later expanding its operations in the Italian market in 2024.

For example, the Netherlands has its own payments system, called iDEAL, which lets consumers pay online through their own bank and is supported by all the country's major lenders including ABN Amro and ING Group. "We really like that they're giving their clients the ability to create new product lines, new revenue lines, with attention for their end users," she told CNBC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines