Rapid adoption of embedded banking by Benelux companies since Swan’s Amsterdam launch

SWAN / Key word(s): Miscellaneous Rapid adoption of embedded banking by Benelux companies since Swan’s Amsterdam launch 13-May-2024 / 11:15 CET/CEST Rapid adoption of embedded banking by Benelux companies since Swan’s Amsterdam launch

MONDAY, MAY 13, AMSTERDAM

• Since its local launch only 5 months ago, Swan's embedded banking platform has rapidly expanded in the Benelux, supporting over 10 local companies across 4 sectors to launch banking products (among 100+ European businesses overall).
• Embedded banking takes the power of banking away from traditional banks, putting it in the hands of tech companies in diverse sectors like Financial management & accounting, HR, Real Estate, B2B lending, and more.
• Companies that embed banking features with Swan are able to unlock the full potential of their product. They build better, all-in-one user experiences for consumers, while tripling revenue per user.

Just five months following its strategic launch in the Netherlands, Swan, a leading European fintech specialized in embedded banking, today announces its first customers in the Benelux. This milestone underscores the rapid market adoption of Swan's platform within the region’s already well-developed fintech ecosystem.

Ten Benelux companies across four sectors have already developed banking products in partnership with Swan. These partnerships showcase Swan’s commitment to supporting a wide array of software companies across different industries, as well as a strong local appetite for embedded banking.

“In ten years, big banks will no longer be up against just a handful of neobank innovators. Instead, they’ll be up against the 10,000 software companies of all kinds, who have successfully embedded banking. Companies in the Netherlands have understood this. The successful launch of banking features by local companies like Ageras, Fincluded, and Yuki, within just four months of Swan’s local launch is a testament to the robust demand for embedded banking services across all sectors,” says Nicolas Benady, co-founder and CEO of Swan.