Swile: The latest figures, news and market research on Swile

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

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

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.

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	Linkedin
Président	Loïc, Paul, Hubert	SOUBEYRAND	38
Commissaire aux comptes titulaire	Michel	GALAINE	69

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