Swan

Swan lets software companies offer banking features under their own brand without becoming a regulated institution themselves. Through its API and ready-made white-label interfaces, a platform can open payment accounts with local IBANs for its users, issue physical and virtual cards, and send or receive transfers and direct debits. Swan is the licensed entity and takes care of onboarding, identity verification and regulatory compliance. Typical uses are business accounts built into accounting, HR or property software, and card programs for expenses. It is used by European SaaS companies, marketplaces and fintechs that want financial services inside their product instead of sending users to a bank.