Swile
“Can Swile become France's default employee-benefits and corporate-spending super app — owning the full loop from benefit issuance to payment infrastructure — and replicate that model in Brazil?”
Founded2018
HQMontpellier / Paris, France
FoundersLoïc Soubeyrand
Total raised$328.3M
IndustryVertical SaaS / HR & Employee Benefits
The story
Founded in 2018 as Lunchr, a pure-play digital meal-voucher issuer competing with Edenred and Sodexo. Rebranded as Swile in 2020 and extended the single smartcard to cover all French employee benefits (titres-resto, titres cadeaux, mobilité, culture). The 2022 acquisition of Bimpli transformed Swile into the market leader with 5.5M users. The company is now positioning itself as a full employee-engagement 'super app', layering corporate travel management and SEPA-native payment infrastructure onto its benefits core.
Last 12 months
2026-01
Product timeline
2018
Founded as Lunchr SAS, launching a digital meal-voucher card and app for French employees.· card
2020
Rebranded from Lunchr to Swile; expanded from meal vouchers into gift vouchers, mobility vouchers, and cultural vouchers on a single Smartcard.· pivot
2022
Acquired Bimpli (Natixis Intertitres) adding ~4M users and significantly expanding the affiliates network; became the leading meal-voucher issuer in France.· acquisition
2023
Launched Swile Travel, a corporate travel booking product integrated into the Swile app, eliminating expense reports for business trips.· banking
2024
Migrated payment infrastructure to Mambu for IBAN-based payment capabilities, internalising SEPA indirect participation and replacing legacy card-processing BINs.· banking
2026
Migrated cardholders from old BINs (534578/554097) to new-generation Swile cards, switching technical card provider.· card
Regulated entities
1
regulatory licence held by Swile
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
5 layers disclosed in Swile’s embedded-finance stack
Payments / PSP
Swile (self-operated via Mastercard network)PayZenPayGreen
Money movement
in the full report
Banking / BaaS
in the full report
Card issuing
in the full report
Ledger
in the full report
Accounting gap: minor
4 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.