What is Zwipe?
Zwipe operates as a vanguard in the biometric card technology landscape, delivering sophisticated solutions such as Zwipe Pay, Zwipe Access, and Zwipe Open. The firm specializes in integrating advanced fingerprint recognition into standard payment and access cards, effectively bridging the gap between high-security requirements and user-friendly consumer experiences. Through its proprietary Zwipe Experience and Zwipe Insights platforms, the company provides a comprehensive suite of tools that enhance the operational efficiency of biometric deployments. By partnering with major technology and payment brands, Zwipe has established a robust footprint in the rapidly evolving biometric payments market, setting industry standards for secure, contactless authentication protocols.
How much funding has Zwipe raised?
Zwipe has raised a total of $26.8M across 3 funding rounds:
Series A
$3.5M
Share Placement
$4.3M
Series B
$19M
Series A (2013): $3.5M with participation from Government of Norway
Share Placement (2017): $4.3M, investors not publicly disclosed
Series B (2019): $19M supported by Photon Future
Key Investors in Zwipe
Government of Norway
The Government of Norway, based in Oslo, is responsible for the administration of national policies, including foreign relations, defense, and economic management, serving as the executive branch of the Kingdom of Norway.
Photon Future
An investment entity focused on supporting high-growth technology firms and strategic innovation initiatives.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Zwipe?
With the recent capital injection, Zwipe is well-positioned to accelerate its commercialization strategy and expand its global reach. The company's roadmap likely involves scaling production capabilities to meet the rising demand for secure, biometric-enabled payment cards while deepening its integration with existing financial networks. As the industry shifts toward more secure, hardware-based authentication, Zwipe's focus on scalable biometric infrastructure will be critical. Future growth will likely center on enhancing the interoperability of its technology across diverse payment ecosystems, ensuring that its biometric solutions remain the preferred choice for financial institutions seeking to mitigate fraud while improving the end-user experience in an increasingly digital-first economy.
See full Zwipe company page
