Swan, a European embedded finance provider, has secured an additional €42 million in a Series B funding round, led by Eight Roads Ventures, to drive product innovation and expand operations across key European markets, particularly targeting SMEs. This follows a previous €37 million raise in 2023 and positions Swan to capitalize on the growing embedded finance market, projected to reach $185 billion globally. With 85 new hires planned, Swan aims to enhance its banking solutions and strengthen partnerships with business management software providers to integrate seamless financial services directly into user workflows.

Embedded Finance Provider Swan Adds €42M to Series B Funding Round