Turnover: 140 million EUR (2022)
Country: France
- One of France's most successful fintech companies, offering innovative solutions for managing non-monetary employee benefits
- Payment cards for staff and employees, luncheon vouchers
News
With the acquisition of Bimpli, Swile reaches 138 million in revenues 13/07/2023
- Swile launched in 2017
- In 2022, acquisition of Bimpli
- BPCE bank acquired 22% of Swile in exchange for Bimpli
- The new entity recorded revenues of 138 million euros in 2022, of which 37 million came from Swile
- Losses reached 72 million euros in 2022, compared with 40 million in 2021
- Swile claims 5.5 million users, including 500,000 in Brazil
- Swile has 958 employees
Swile, France's new meal voucher giant 06/01/2023
- Swile is the new French leader in employee benefits
- Swile owns 100% of Bimpli, a subsidiary of BPCE, a platform that brings together all the banking group's offers in the field of gift vouchers, kitty schemes, negotiated outings for social and economic committees (CSE), and universal employment-service vouchers (Cesu).
- BPCE is the leading shareholder in the new entity, with a 22% stake
- Swile is about to pass the 3 billion mark in meal voucher management, and its market share (€8 billion in France) is 35%
- 5 million employee users in 75,000 corporate clients in France and Brazil
- The start-up expects sales of €200 million by 2023
Swile has made its fourth acquisition in four years. 17/05/2022
- Swile has acquired Okarito, a start-up specialized in business travel management
- Okarito is a business travel booking platform that eliminates the need for expense reports
- Swile has already bought 4 start-ups and is the 19th French unicorn
- The start-up boasts 500 customers, including Welcome To The Jungle, Payfit and Bio c'Bon
- The unicorn scored a major coup by winning Carrefour's tender over a year ago, enabling it to equip 62,000 beneficiaries
Swile raises $200 million to become France's new unicorn 11/10/2021
- 1 billion valuation for Swile
- 200 million capital increase for Swile
- 13% of the sector in France 1,000 employees by end 2022
- 10 billion euros raised in 2021
- 850 million euros in sales by 2021
Swile has become the French unicorn by raising $200 million. 11/10/2021
- Swile reaches billion-dollar valuation in 2021 in a short space of time.
- Swile will account for 13% of the catering voucher market in 2021.
- This young start-up is looking to compete in the French ecosystem.
- It aims to conquer the Brazilian market by acquiring Vee Benefícios.
- Swile will account for 13% of the food-service voucher market in 2021.
- It aims to double its workforce to 1,000 employees by the end of 2022.
- Swile benefits from SoftBank's presence and recruitment structure in South America.
- It intends to complete a capital increase of $200 million for a valuation of $1 billion.
Financial Data
DUNS: 824012173
Legal Name: SWILE
Address: 561 RUE GEORGES MELIES IMMEUBLE L'ALTIS BATIMENT A @ 7CENTER, 34000 MONTPELLIER
Number of employees: Entre 250 et 499 salariés (2020)
Capital: 65 345 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Turnover | 10 952 421 | 4 590 684 | 1 906 930 | 271 043 |
| Gross margin (€) | 12 837 049 | 7 769 322 | 3 021 487 | 1 215 931 |
| EBITDA (€) | -36 652 291 | -18 872 732 | -8 719 479 | -2 838 068 |
| Operating profit (€) | -40 798 075 | -20 891 502 | -9 793 795 | -3 376 814 |
| Net profit (€) | -40 998 122 | -20 711 506 | -9 739 932 | -3 365 544 |
| Turnover growth rate (%) | 138,6 | 140,7 | 603,6 | 592,9 |
| Ebitda margin rate (%) | -334,7 | -411,1 | -457,3 | -1 047,1 |
| Operating margin rate (%) | -372,5 | -455,1 | -513,6 | -1 245,9 |
| Working Capital (turnover days) | -3 573,1 | -5 183,2 | -3 153,7 | -4 270,6 |
| Working Capital requirements (turnover days) | 481,2 | 555,1 | 644,7 | 208,8 |
| Net margin (%) | -374,3 | -451,2 | -510,8 | -1 241,7 |
| Added value / Turnover (%) | -64,8 | -67,6 | -134 | -177,2 |
| Wages and social charges (€) | 29 064 873 | 15 575 237 | 6 108 185 | 2 327 246 |
| Salaries / Turnover (%) | 265,4 | 339,3 | 320,3 | 858,6 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Loïc, Paul, Hubert | SOUBEYRAND | 38 | |
| Commissaire aux comptes titulaire | Michel | GALAINE | 69 |