About Swipe
Swipe is a company based in Skipton (United Kingdom) founded in 2018 was acquired by Binance Labs in July 2020. It operates as a FinTech, API-as-a-Product, and Commission-Based. The company has 5 employees as of August 31, 2020. Swipe has completed 2 acquisitions, including Fincofex and Spend. Swipe offers products and services including Virtual Cards, Physical Cards, and NFC Cards. Swipe operates in a competitive market with competitors including Visa, Mastercard, VocaLink, BVNK and billon, among others.
- Headquarter Skipton, United Kingdom
- Employees 5 as on 31 Aug, 2020
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swipe Wallet Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
5
as on Aug 31, 2020
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Investments & Acquisitions
Fincofex
& 1 more
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Acquired by
Binance Labs
(Jul 07, 2020)
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Products & Services of Swipe
Swipe offers a comprehensive portfolio of products and services, including Virtual Cards, Physical Cards, and NFC Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Virtual cards are issued instantly for immediate use.
Physical cards are provided with custom branding options.
NFC cards are enabled for contactless payment methods.
Funding Insights of Swipe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Swipe
Swipe has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include YZi Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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YZi Labs is recognized as an investment vehicle for impact.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Swipe
Swipe has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fincofex and Spend. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital banking services are offered to businesses and freelancers.
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2018 | ||||
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Global transactions are elevated through localized payment solutions by Spend.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Swipe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swipe Comparisons
Competitors of Swipe
Swipe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Visa, Mastercard, VocaLink, BVNK and billon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital payment solutions are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Global payments are processed via card network connections.
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| domain | founded_year | HQ Location |
UK payment systems and ATM platforms are designed and operated.
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| domain | founded_year | HQ Location |
Multiple crypto services are provided via an online platform.
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| domain | founded_year | HQ Location |
Blockchain-based payments infrastructure is provided for businesses and governments.
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| domain | founded_year | HQ Location |
Web3 and blockchain are integrated into digital payments infrastructure.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Swipe
Frequently Asked Questions about Swipe
When was Swipe founded?
Swipe was founded in 2018.
Where is Swipe located?
Swipe is headquartered in Skipton, United Kingdom. It is registered at Skipton, England, United Kingdom.
Who is the current CEO of Swipe?
Joselito Lizarondo is the current CEO of Swipe.
How many employees does Swipe have?
As of Aug 31, 2020, the latest employee count at Swipe is 5.
What does Swipe do?
Swipe is established as a platform that enables businesses to create cryptocurrency-to-fiat funded card programs for users to spend globally. Solutions are provided to power major cryptocurrency exchanges with robust APIs. Virtual and physical cards are issued with programmable settings and compliance features like KYC verification. Partnerships with major payment networks are maintained to facilitate seamless transactions across various asset classes. Support for digital payment methods such as Apple Pay, Google Pay, and Samsung Pay is integrated into the card offerings.
Who are the top competitors of Swipe?
Swipe's top competitors include Visa, Mastercard and BVNK.
What products or services does Swipe offer?
Swipe offers Virtual Cards, Physical Cards, and NFC Cards.
Who are Swipe's investors?
Swipe has 1 investor. Key investors include YZi Labs.
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