Swile, a French fintech startup founded a couple of years back has secured €70 million in Series C funding. The round was led by Index Ventures, which was also lead investor for a previous €30 million round in 2019. Bpifrance, Idinvest has also joined the latest round for the scale-up led by Loïc Soubeyrand. The Series C round brings the total funding raised since Swile’s launch in 2018 to €115 million.
Plans to extend beyond meal vouchers and lunch break experiences!
The new funding will enable the French fintech to expand internationally starting with Brazil and to diversify the product offering. It’s worth mentioning that, Swile has plans to extend beyond meal vouchers and lunch break experiences, with a new product that enables corporate gifts to be distributed to employees using the same system, and the addition of features to improve life at work and employee engagement.