What is Zwipe?
Zwipe operates as a pioneer in the biometric card technology space, providing a comprehensive suite of products including Zwipe Pay, Zwipe Access, and Zwipe Open. By integrating advanced fingerprint authentication directly into payment cards and access credentials, the company eliminates the need for traditional PINs or passwords, thereby enhancing both security and user convenience. Their ecosystem is further supported by Zwipe Experience and Zwipe Insights, which provide data-driven analytics to optimize the deployment and usability of their biometric hardware. With a global footprint and partnerships with leading technology and payment brands, Zwipe is strategically positioned to capitalize on the increasing demand for secure, identity-verified transactions across diverse industries.
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 emerging infrastructure solutions.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Zwipe?
With the recent infusion of capital, Zwipe is expected to scale its manufacturing capabilities and expand its commercial reach into new geographic markets. The strategic focus will likely center on deepening integration with major payment networks and enhancing the scalability of its biometric platform to support mass-market adoption. As the company moves into this next phase of enterprise-level growth, it will prioritize the refinement of its biometric algorithms and the expansion of its service-oriented offerings, such as Zwipe Insights, to provide greater value to its institutional partners. This phase of development is critical for cementing Zwipe's status as a dominant player in the biometric payments landscape, ensuring long-term sustainability and competitive advantage in an increasingly digitized economy.
See full Zwipe company page
