Swan Partners with Wise to Revolutionize International Payments for European Clients

Discover how Swan's integration with Wise is streamlining cross-border transactions for European businesses, saving time and money.

Wise Platform, a leading infrastructure provider for banks, financial institutions, and enterprises worldwide, has joined forces with Swan, the top embedded finance provider in Europe, to introduce a groundbreaking partnership. This collaboration aims to empower Swan's extensive client base to conduct international money transfers effortlessly, transparently, and cost-effectively across more than 190 countries.

With this new partnership, Swan's 100+ clients now have the capability to offer international payments to their customers, allowing them to send and receive funds in over 20 currencies at the mid-market rate within seconds. Notably, a significant portion of global transfers processed through Wise settle instantly, in less than 20 seconds. By integrating Wise Platform into Swan's technology stack, clients can seamlessly enable international payments, streamlining implementation processes and reducing costs. This integration enables Swan's clients to focus on their core business activities and enhance the overall user experience for their customers.

Swan specializes in helping companies in Europe integrate essential banking features such as accounts, cards, and payments into their products. By leveraging Swan's services, companies can create comprehensive user experiences and drive additional revenue streams. Notably, Pennylane, a leading accounting tool that recently achieved unicorn status, is a key client of Swan. The enhanced international payments offering will play a pivotal role in Pennylane's expansion strategy, particularly targeting the mid-market segment.

Wise Platform has established itself as the go-to solution for European neobanks seeking to implement efficient cross-border payment services rapidly and seamlessly. Prominent neobanks such as N26, bunq, and Activo rely on Wise Platform to enhance their international payment capabilities and deliver a superior customer experience.

The partnership between Wise Platform and Swan represents a significant milestone in the realm of international payments, enabling businesses to expand their global reach, streamline operations, and enhance customer satisfaction.