“Can an Italian SMB accounting SaaS become the all-in-one financial OS for small and medium businesses by embedding banking directly into its bookkeeping workflow?”
Founded in 2021, Sibill started as a digital accounting and financial management SaaS for Italian SMBs, providing invoice management, treasury visibility, and payment tracking. In 2025 the company expanded beyond pure SaaS into embedded finance by launching a business bank account and debit card (powered by Swan) natively within its platform, positioning itself as a financial OS for Italian SMBs rather than just an accounting tool.
Sibill discloses Swan as its banking provider, according to the Embedded Finance Index 2026.
Sibill does not disclose a bank charter of its own; its banking services are provided through Swan.
Sibill's cards are issued through Swan.
The Embedded Finance Index 2026 maps 2 layers in Sibill's stack: Banking / BaaS (Swan); Card issuing (Swan).
Sibill was founded by Mattia Montepara, Lorenzo Liguori and Dario Prencipe and is founded in 2021, headquartered in Milan, Italy.
Sibill has raised $33.9M in total (latest round: unknown).
Get a read on where your own stack stands against Sibill and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.