How Finqle Introduces Instant Payments with Swan Integration

In today’s fast-paced world, instant payments are becoming a necessity, especially for freelancers and flexible workers who need quick access to their earnings. At Finqle our goal is to provide streamlined financial services for freelancers. This has taken a major step forward by integrating with Swan.io, a platform known for its banking-as-a-service solutions.

This integration enables Finqle to offer instant payments to freelancers, removing the common delays associated with traditional banking. By leveraging Swan's cutting-edge API and secure infrastructure, Finqle users can now receive their payments directly and immediately after completing a job.

At Swan, we found a partner who understands the importance of speed and reliability in modern banking. Their integration of SEPA Instant Transfers not only allows us to offer real-time payments to our customers but also ensures security and compliance at every step. This level of trust and efficiency is exactly what we needed to enhance our payment services." - Mike van Egmond, CTO at Finqle

How It Works:

1. Seamless Banking Experience: Swan’s integration allows Finqle to collect the relevant data through the onboarding process.

2. Direct Payouts: As soon as the invoice is approved, funds are transferred instantly, offering freelancers a new level of financial flexibility.

3. Compliance & Security: Swan’s platform is fully compliant with banking regulations, ensuring safe and secure transactions every time.

Our Technical Lead, Roel Delos Reyes mentions the following about the implementation process: 

“Swan provided an API that offers a secure way to initiate instant credit transfers. We leveraged their service to enhance Finqle's financing solutions.

With the support of the Swan team, we successfully built the solution step by step, from setting up accounts and configuring security to initiating multiple test payments.

The entire process was efficient, and we smoothly transitioned into production. Now, Finqle is powered by Swan's trusted banking solution."

This partnership empowers freelancers by giving them control over their finances, ensuring they're paid promptly for their hard work. Finqle’s integration with Swan is transforming the freelance economy by making fast, reliable payments the new standard.