Employee benefits cards startup Swile has raised $200 million in Series D funding round led by Softbank, valuing the fintech at over $1 billion and giving it unicorn status. The funding round also witnessed participation from new investors like Headline as well as existing investors Eurazeo, Index Ventures and Bpifrance. The funding will enable the startup to expand its geographic footprint internationally and provide additional solutions. Swile has raised over $325 million till date.
Founded in 2018 by Loic Soubeyrand, Swile is a digital solutions provider for employee benefits with an all-in-one smartcard and a super app for team life.