Almost every type of financial service is embeddable. Swan has three core banking products: accounts, cards, and payments. You can offer your customers accounts, many types of payment cards, and the ability to send or receive payments via the SEPA network, and more!

Partnering with a Banking-as-a-Service provider like Swan means you can launch your banking product in a matter of weeks at a fraction of the cost of working with a traditional bank. Since Swan handles the tricky compliance stuff like KYC, AML, and transaction monitoring, you don’t have to spend the time and money building a dedicated banking team in-house.

Banking features enable you to further monetize hard-won customers. You’ve done a lot to get your customer on board. By offering them financial products when they need it and how they want it, you can increase revenue through shared interchange, higher subscription fees, and more.

Embedded finance is an activity a company does to add product depth by delivering financial services to their customers at their points of need. Embedded banking is a subset of embedded finance. Embedded banking usually refers to more traditional products offered by companies, such as accounts, debit cards, and payment services. Banking-as-a-Service is a delivery method for financial products from regulated entities to non-regulated ones. Providers like Swan sell Banking-as-a-Service to other companies.