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

> Besoin de plus d'information sur cette entreprise (SWOT, PESTEL, son marché) ? Demandez à SectorGPT (gratuit)

 

Ask Sector-GPT  

Sector-GPT est la première IA dédiée aux informations sectorielles.