Independent Audit Report
Found
VS
Swan

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
Swan wins with 4/5 stars — best for European businesses looking to embed financial services into their product; offe. ⬇ Scroll for full 20-point audit
Best For
Found vs Swan
Freelancers and self-employed individuals wanting integrated... vs European businesses looking to embed financial services into...
Fee Structure
Found vs Swan
Free plan available; premium features require subscription; ... vs Partner platform; charges fees to end-users based on card ti...
Rating
Found vs Swan
3/5 ★ vs 4/5 ★
Found
Online Business Banking & Bookkeeping for Freelancers
Best For Freelancers and self-employed individuals wanting integrated banking, bookkeeping, and tax tools
Core Fee Free plan available; premium features require subscription; not publicly priced
Settlement Fast account opening; real-time transaction categorization; automated bookkeeping
Visit Found ↗
Swan
Embedded Banking & Payment Infrastructure (BaaS)
Best For European businesses looking to embed financial services into their product; offers white-label accounts, cards, and payment initiation.
Core Fee Partner platform; charges fees to end-users based on card tier. Standard: 2% FX fee, €10,000 monthly limit; Essential: 1% FX fee, €40,000 limit; Premium: No FX fee, €100,000 limit, metal card. Monthly fees vary by contract.
Settlement Real-time account opening and transaction processing; direct integration via API; seamless SEPA and card payment flows.
Visit Swan ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Found and Swan before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Found Swan
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
3/5
Found: rated on fees, features, safety & ease of use
4/5
Swan: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Free plan available; premium features require subscription; not publicly priced Partner platform; charges fees to end-users based on card tier. Standard: 2% FX fee, €10,000 monthly limit; Essential: 1% FX fee, €40,000 limit; Premium: No FX fee, €100,000 limit, metal card. Monthly fees vary by contract.
FX / Conversion SpreadMarkup above mid-market exchange rate
Found charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Swan charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
No monthly fees — Found does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
Swan applies account maintenance charges as described in its fee schedule. Pricing may vary by region.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Found offers virtual cards. Card issuance is typically included at no extra cost.
Check Found app for current card fees
Swan offers virtual cards. Card availability may depend on your account tier.
Check Swan app for current card fees
Domestic SettlementLocal bank transfer completion time
Found
Fast account opening; real-time transaction categorization;
VS
Swan
Real-time account opening and transaction processing; direct
Both platforms offer comparable settlement speeds.
Cross-Border SpeedInternational corridor settlement time
Found supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Swan supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Found publishes service status updates on its official status page for transparency.
Check Found status page for incident history
Swan is a regulated platform — it maintains high availability standards as part of its regulatory obligations.
Check Swan status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Banking via partner FDIC-insured institutions; standard security; automated tax tracking
✓ Licensed
Regulated Electronic Money Institution; all banking fees legally framed and supervised by the ACPR in France; user funds safeguarded.
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
FDIC insured — your funds are protected up to applicable limits.
Verify current coverage directly with Found
Swan holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Swan
2FA & AuthenticationMulti-factor security implementation
Found offers multi-factor authentication. Enable 2FA in account security settings. Biometric and PIN options vary by device.
Enable 2FA immediately after opening your account
Swan offers multi-factor authentication. Enable 2FA in account security settings. Biometric and PIN options vary by device.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Found monitors transactions for anomalies in real time. You can freeze your card instantly from the app.
✓ Real-time monitoring
Swan monitors transactions for anomalies in real time. You can freeze your card instantly from the app.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Found
Freelancers and self-employed individuals wanting integrated banking, bookkeeping, and tax tools
Swan
European businesses looking to embed financial services into their product; offers white-label accounts, cards, and payment initiation.
Platform ClassificationRegulatory and product category
Online Business Banking & Bookkeeping for Freelancers Embedded Banking & Payment Infrastructure (BaaS)
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Found applies tiered withdrawal limits based on your KYC verification level and business activity.
Log in to see your current limits
Swan applies daily and monthly withdrawal limits based on your account verification tier.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Found supports the currencies and assets listed in its official documentation.
Check Found official site for full currency list
Swan supports the currencies and assets listed in its official documentation.
Check Swan official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Found is available on both iOS and Android. Rating varies by region.
Verify live ratings on the App Store
Swan is available on both iOS and Android. Rating varies by region.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Found offers in-app support and email. Response times may vary by account tier.
Check Found help centre for current support options
Swan offers in-app support and email. Response times may vary by account tier.
Check Swan help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Found typically verifies personal accounts within minutes to 24 hours with a valid ID.
Verify current wait times in the Found app
Swan typically verifies personal accounts within minutes to 24 hours with a valid ID.
Verify current wait times in the Swan app
Overall VerdictWealthBlueprint independent recommendation
Swan WINS with 4/5 stars vs 3/5.

Why: Swan excels at European businesses looking to embed financial services into their product; offers white-label accounts, cards, and payment initiation..

✓ Choose Swan if European businesses looking to embed financial services into their product; offers white-label accounts, cards, and payment initiation.
➜ Found is still solid for Freelancers and self-employed individuals wanting integrated banking, bookkeeping, and tax tools
Official WebsiteVisit platform to sign up or verify current fees
Visit Found ↗ Visit Swan ↗

Choose Found If:

  • You need Freelancers and self-employed individuals wanting integrated
  • You prefer Free plan available; premium features re
  • You value Fast account opening; real-time transact

Choose Swan If:

  • You need European businesses looking to embed financial services into
  • You prefer Partner platform; charges fees to end-us
  • You value Real-time account opening and transactio
  • You want a regulated platform (Regulated Electronic Money Institution; )
WealthBlueprint Verdict Summary
Found — Best For
Freelancers and self-employed individuals wanting integrated banking, bookkeeping, and tax tools
✓ Strong in its core category
Swan — Best For
European businesses looking to embed financial services into their product; offers white-label accounts, cards, and payment initiation.
✓ Strong in its core category

Not sure which is right for you?

Take our 2-minute financial literacy quiz to understand which platforms align with your income profile and goals.

From the WealthBlueprint Library

These guides pair well with your comparison:

📖 Real Estate vs Stocks for Beginners 📖 How Much to Invest at 18 to Become a Millionaire
More Comparisons Worth Reading

Digging into fintech options beyond Found and Swan? Start here.

🔍 Karat vs Webull: Independent Audit 🔍 Karat vs Wefunder: Independent Audit