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European embedded banking startup Swan adds another $44 million to its Series B

French startup Swan has secured an additional €42 million in funding, completing its Series B round to enhance its financial product offerings.

MAIN POINTS
  1. Swan raised €42 million, equivalent to $44 million, in a funding round.
  2. This funding is considered the second part of their Series B round.
  3. The initial part of the Series B round was announced in September 2023.
  4. Swan specializes in enabling companies to offer scalable financial products.
TAKEAWAYS
  1. Swan's funding will support the expansion of its financial services.
  2. The company provides both virtual and physical card generation capabilities.
  3. This investment highlights the growing interest in fintech solutions.
  4. Swan's services facilitate other companies in scaling their financial offerings.
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