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%

United States News News

United States United States Latest News,United States United States 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.

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 US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines