What is Zwipe?
Zwipe is at the forefront of developing secure and convenient access solutions through its advanced biometric card technology. The company offers a comprehensive suite of products, including Zwipe Pay for biometric payments, Zwipe Access for secure physical and digital access, and Zwipe Open for broader integration. Complementary services like Zwipe Experience and Zwipe Insights further enhance the utility and user engagement with their biometric systems. Zwipe's commitment to security and user-friendliness has positioned it as a trusted partner for global technology and payment brands, establishing a strong foothold in the rapidly expanding biometric payments sector.
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
Photon Future
Photon Future is an investor participating in Zwipe's funding rounds, likely focusing on technology or advanced materials sectors.
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. Their investment likely supports technological innovation within the country.
What's next for Zwipe?
With its recent major strategic investment, Zwipe is poised for accelerated growth and market expansion. The enterprise-level funding context suggests a strategic focus on scaling operations, enhancing product development, and solidifying its market leadership in biometric authentication. Future initiatives are likely to involve broader adoption of its payment and access solutions across diverse industries, further integration with global payment networks, and continued innovation in biometric security to meet evolving market demands and regulatory landscapes. This capital infusion will be critical in navigating the competitive landscape and capitalizing on the increasing demand for secure, contactless identification.
See full Zwipe company page
