specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Swan
providerId: swan-io
created: '2026-07-12'
modified: '2026-07-12'
reconciled: false
tags:
- Embedded Banking
- Banking as a Service
- BaaS
- Payments
- Cards
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of Swan spend. As a Banking-as-a-Service provider, Swan bills
  partners under a negotiated contract rather than a public usage meter: a
  platform/subscription fee plus per-unit banking fees driven by the number of
  active accounts, issued cards, and SEPA transactions processed, offset in some
  deals by a share of card interchange. Because rates are contractual, cost
  allocation depends on tagging Swan usage (accounts, cards, payments) back to
  the internal product or customer segment that drove it.
notes: >-
  Swan does not publish public per-unit rates, so amounts are not reconciled
  here; the meters below describe the cost drivers of Swan's model so a partner
  can map them to their own billing. Verify actual rates against your Swan
  partner agreement.
sources:
- https://www.swan.io
- https://www.swan.io/pricing
- https://docs.swan.io/developers/
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Swan
serviceCategory: Financial Services
billingModel:
  pricingCategory: Contract-Based
  billingFrequency: Monthly
  billingCurrency: EUR
  chargeCategories:
  - Usage
  - Purchase
  - Adjustment
focusColumns:
  ServiceName: Swan Embedded Banking
  ServiceCategory: Financial Services
  ProviderName: Swan
  PublisherName: Swan
  InvoiceIssuerName: Swan
  BillingCurrency: EUR
  ChargeCategory: Usage
  PricingCategory: Contract-Based
meters:
- name: platform_fee
  description: Recurring platform / subscription fee for the partner agreement.
  unit: months
  aggregation: sum
  dimensions:
  - project
- name: active_accounts
  description: Number of active accounts, a primary per-unit cost driver.
  unit: accounts
  aggregation: max
  dimensions:
  - project
  - accountHolderType
- name: issued_cards
  description: Number of issued virtual and physical cards billed per card.
  unit: cards
  aggregation: max
  dimensions:
  - project
  - cardType
- name: sepa_transactions
  description: SEPA credit transfers and direct debits processed, billed per transaction.
  unit: transactions
  aggregation: sum
  dimensions:
  - project
  - paymentType
- name: interchange_share
  description: Card interchange revenue share (a credit/adjustment against fees in some deals).
  unit: EUR
  aggregation: sum
  dimensions:
  - project
principles:
- name: Visibility
  description: Track active accounts, issued cards, and SEPA transaction volume per Project against the Swan invoice.
- name: Allocation
  description: Tag Swan accounts and cards to the internal product line or end customer so banking fees map to cost centers.
- name: Optimization
  description: Close dormant accounts and unused cards; batch payments; weigh SEPA Instant vs standard transfers by fee and need.
- name: Accountability
  description: Assign an owner for the Swan partner relationship; review monthly account/card/transaction counts against the contract.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com