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Announced

Index Ventures led a $79m Series C round in Swile.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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France

Single Bidder

online payment platform

mobile payments

Completed

Acquisition

Private

FinTech

Majority

Private Equity

Friendly

online payment processing

Venture Capital

Synopsis

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Private equity firm Index Ventures led a $79m Series C funding round in Swile. Other investors include Idinvest and Bpifrance. The new funds will go towards offering other non-food benefits to employees, such as reimbursements, gift cards, and events.

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