Nigeria’s Swipe Raises USD 500 K Pre-Seed To Expand

Nigerian fintech startup Swipe has raised USD 500 K in pre-seed funding this year as it looks to expand access to its various credit services. The startup has also entered into partnerships with Interswitch and Providus MasterCard.

Swipe is a credit-focused tech company powering businesses in Africa by providing credit solutions to enable business growth and expansion through credit purchases. Its mission is to drive credit card adoption through its Cards as a Service (CAAS) product by liaising with employers and to facilitate flexible payments at checkout points across Africa with its BNPL product.