What is Zwipe?
Zwipe is at the forefront of biometric card innovation, offering a comprehensive suite of products including Zwipe Pay, Zwipe Access, and Zwipe Open. These solutions are designed to provide enhanced security and user convenience for a wide array of applications. Through services like Zwipe Experience and Zwipe Insights, the company further refines the utility of its advanced biometric technology. Zwipe's commitment to security and user-centric design has garnered trust from prominent global technology and payment brands, positioning it as a key player in the rapidly expanding biometric payments market.
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
Photon Future is an investor participating in the funding round, likely focusing on technology and innovation.
What's next for Zwipe?
The substantial enterprise-level funding Zwipe has attracted signals a strong market appetite for its innovative biometric solutions. This capital infusion is expected to fuel further research and development, expand market reach, and enhance production capabilities. As the demand for secure, contactless authentication grows, Zwipe is strategically positioned to capitalize on this trend, potentially leading to broader adoption of its technology in financial services, access control, and beyond. The company's trajectory suggests a focus on scaling operations and solidifying its market leadership in the biometric technology sector.
See full Zwipe company page
