Zwipe
Financials
Estimates*
| NOK | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 1.7m | 1.9m | 3.4m | 2.1m | 9.0m | - | 246m |
| % growth | 9 % | 12 % | 81 % | (37 %) | 329 % | - | - |
| EBITDA | (59.9m) | (75.0m) | (102m) | (96.5m) | (55.0m) | (11.0m) | 87.0m |
| % EBITDA margin | (3620 %) | (4056 %) | (3044 %) | (4600 %) | (611 %) | - | 35 % |
| Profit | (62.1m) | (83.5m) | (105m) | (100m) | (56.0m) | (14.0m) | 65.0m |
| % profit margin | (3751 %) | (4512 %) | (3125 %) | (4771 %) | (622 %) | - | 26 % |
| EV / revenue | 304.2x | 331.7x | 39.8x | 15.8x | 4.3x | - | -0.1x |
| EV / EBITDA | -8.4x | -8.2x | -1.3x | -0.3x | -0.7x | -5.1x | -0.1x |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | $3.5m | Series A | |
| N/A | $1.0m | Grant | |
* | N/A | $5.0m | Series B |
€2.3m | Grant | ||
| N/A | N/A | IPO | |
| N/A | NOK58.0m | Post IPO Equity | |
| N/A | $10.6m | Post IPO Equity | |
NOK104m | Private Placement VC | ||
* | N/A | Support Program | |
| Total Funding | €22.4m | ||
Related Content
Recent News about Zwipe
EditZwipe is a pioneering company in the biometric payment solutions market, focusing on enhancing security and user experience in financial transactions. The company operates primarily in the financial technology (fintech) sector, providing innovative biometric authentication solutions for payment cards and wearable devices. These solutions utilize fingerprint recognition to ensure secure and swift transactions, addressing the growing consumer demand for more secure payment methods.
Zwipe's primary clients include banks, financial institutions, and payment card issuers. By partnering with these entities, Zwipe integrates its biometric technology into their payment systems, offering end-users a more secure and convenient way to authenticate transactions. The company collaborates with leading semiconductor, fingerprint sensor, and digital security providers to develop and refine its technology.
The business model of Zwipe revolves around licensing its biometric technology to financial institutions and payment card manufacturers. This model allows the company to generate revenue through licensing fees and royalties from the use of its technology. Additionally, Zwipe benefits from strategic partnerships and funding from programs like the European Union's Horizon 2020 research and innovation initiative.
Zwipe's value proposition lies in its ability to combine advanced biometric technology with a focus on user experience. By ensuring that payment methods are both secure and easy to use, Zwipe meets the increasing consumer demand for enhanced security in financial transactions. This focus on user experience and security positions Zwipe as a leader in the biometric payment solutions market.
In summary, Zwipe is a fintech company specializing in biometric payment solutions, serving banks and financial institutions. It operates on a licensing model, generating revenue through technology integration and partnerships. The company's emphasis on security and user experience drives its innovation and market presence.
Keywords: Biometric, Payment Solutions, Fintech, Security, User Experience, Licensing, Banks, Financial Institutions, Technology, Innovation.