Payment processing and transaction enablement for financial institutions
SWIVEL operates a payment processing platform serving 800+ U.S. financial institutions, built on .NET, C#, and AWS microservices (Lambda, SQS, API Gateway, Fargate). The tech stack—heavy on enterprise integration patterns (XML, JSON, SQL) alongside modern frontend frameworks (React, Angular, Vue)—reflects a platform bridging legacy banking infrastructure with cloud-native APIs. Hiring velocity is accelerating across engineering and ops, with active focus on integration partnerships and operational scaling, suggesting expansion beyond core payments processing.
SWIVEL is a financial-technology company spun out from SWBC in 2022, providing payment processing and transaction enablement solutions to financial institutions, borrowers, and collections agencies across the United States. The platform reduces friction in account holder and borrower workflows while mitigating payment and fraud risk in digital environments. Operating from San Antonio, Texas, the company serves 800+ financial institutions and is a wholly owned subsidiary of SWBC. Current product work centers on new transaction processing capabilities, partner integrations, and operational readiness—with hiring focused on engineering, operations, and customer success.
SWIVEL's stack is primarily .NET, C#, and ASP.NET on the backend, with React, Angular, and Vue on the frontend. Infrastructure runs on AWS (Lambda, Fargate, API Gateway, SQS, CloudFront), with Azure and Azure DevOps also in use.
More than 800 financial institutions across the United States use SWIVEL's payment processing solutions.
Other companies in the same industry, closest in size