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Announced

Completed

Lakestar led a $40m Series B round in Swan.

Financials

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Transaction Value£32m
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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Private

FinTech

Acquisition

Cross Border

Minority

fintech

Private Equity

Venture Capital

Friendly

France

Completed

Single Bidder

Synopsis

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Lakestar, a private equity firm, led a $40m Series B round in Swan, a fintech company, with participation from Accel and Creandum. “We take on all of the banking ops and risk for our customers, so they don’t have to worry about it and can focus on building the best product,” Nico Benady, Swan Co-Founder and CEO.

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