Swan has open sourced its no-code banking interfaces, reducing time to market of new pilots by 75%.
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Swan’s easy platform offers no-code banking interfaces to any European company that wishes to use them. It’s a great, simple way to start providing banking services immediately without having to invest a lot of development time.
However, up until now, you were limited to some basic settings predefined by Swan, meaning either accepting the no-code app exactly as-is or building your own interface entirely from scratch. By open sourcing our interfaces, you get the best of both worlds: start from a fully-featured banking app, then customize it as much as you want.
We’re radically simplifying everything we can in a highly-regulated, complex industry. And as we improve the Swan platform, companies are taking less and less time to embed finance. Before, the most complex integrations could have taken up to 6 months. With Swan open source, that is reduced down to 1 month, and many products are now able to go live in literally hours or days. Regardless the complexity of your project, Swan’s open source strategy can reduce your time to market by 75%.
Open source software has source code that is freely and publicly available; anyone can access, modify, and use it to meet their needs. Some of the world’s most influential tech companies (LinkedIn, Netflix, Uber) have all open sourced massive code bases, empowering developers worldwide to move quickly.
Our goal with open sourcing Swan is to support European innovation by making it drastically easier to embed banking features and user experiences. We’re convinced simplicity is the way forward, and these open sourced interfaces will only open up more opportunities for all sorts of tech companies.
Install the open source project and in a few seconds, you can start customizing things and deploy really fast!
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Dogfooding is the practice of using your own services—we do this enthusiastically at Swan. It’s an important part of our testing process, and to be sure of our own product! One way we do this is by issuing accounts and cards to Swan employees, friends, and family. We use these constantly, both out of pride (I mean—isn’t it cool that we build banking?), but also for quality assurance. What better way to test our own product than by using it in real life?
Another way we dogfood is more under the hood. Our team works on all kinds of open source projects, and we actually use them within Swan, all the time. Here are just a few of them:
In the end, open sourcing Swan is all about building more transparent connections with companies that build with Swan. By exposing our code, we’re showing we have nothing to hide, and it’s a gesture to say we’re all in this together!
And hey, if it weren’t for open source, Swan wouldn't exist. Few companies would.🤝
We hope Swan’s open sourcing will empower you to bring your banking product ideas to life!
Customer stories