SwipeSum: Funding, Investors & Team (Oct 2026)
SwipeSum is an innovation pointed toward diminishing Mastercard and charge card handling expenses for organizations. The charges related with tolerating card installments are US entrepreneurs' second-most elevated working cost behind work, a $70 billion weight every year. Installments are exceptionally muddled, making it hard for organizations to track down the best fit for their extraordinary business, also the migraine that accompanies arranging terms. SwipeSum is an expansion of any business' item and monetary group, we're installments experts utilizing exclusive programming to upgrade installments. We are your Chief Payments Officer For Businesses: At no expense for the business, SwipeSum will take out most charges related with installments or transform them into a worthwhile income stream. We do this by utilizing our exclusive innovation and skill. In 2019 we exhorted more than $8B in handling volume. We are exceptionally straightforward that we get procure our income as a common locaters charge from all possible installments organizations that we allude. For Payment Facilitators or Integrated Software Vendors If your product needs incorporated installments, that is our strength. With the progression of installments advancements, item improvement is our concentration. SwipeSum additionally use strength in numbers to get all product merchants the most worthwhile organization arrangements. For Financial Institutions The mystery ingredient behind our conference stage is our AI-controlled explanation understanding innovation, named Staitment. We permit this product to banks, handling organizations, retail location sellers, and anybody that examinations handling articulations to make cost-correlation deals recommendations. Our product speeds up the normal making of an expense correlation with minutes, contrasted with weeks.
SwipeSum has raised $2.7M across 2 funding rounds on record, the most recent an undisclosed round of $2.6M announced in Jun 2022.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
SwipeSum Company Profile and Key Stats
Latest funding round on record: Jun 2022.
SwipeSum Funding Rounds
SwipeSum raised $100k in a Grant announced in Dec 2021.
6 months later, an undisclosed round of $2.6M was announced in Jun 2022.
SwipeSum Founders and Leadership Team
Contact details for the SwipeSum team: 1 of 1 has an email address on file.
Start 14-day free trial →SwipeSum Funding Compared to Other Financial Services Startups
SwipeSum's latest round of $2.6M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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SwipeSum Funding FAQs
What does SwipeSum do?
SwipeSum is an innovation pointed toward diminishing Mastercard and charge card handling expenses for organizations. The charges related with tolerating card installments are US entrepreneurs' second-most elevated working cost behind work, a $70 billion weight every year. Installments are exceptionally muddled, making it hard for organizations to track down the best fit for their extraordinary business, also the migraine that accompanies arranging terms. SwipeSum is an expansion of any business' item and monetary group, we're installments experts utilizing exclusive programming to upgrade installments. We are your Chief Payments Officer For Businesses: At no expense for the business, SwipeSum will take out most charges related with installments or transform them into a worthwhile income stream. We do this by utilizing our exclusive innovation and skill. In 2019 we exhorted more than $8B in handling volume. We are exceptionally straightforward that we get procure our income as a common locaters charge from all possible installments organizations that we allude. For Payment Facilitators or Integrated Software Vendors If your product needs incorporated installments, that is our strength. With the progression of installments advancements, item improvement is our concentration. SwipeSum additionally use strength in numbers to get all product merchants the most worthwhile organization arrangements. For Financial Institutions The mystery ingredient behind our conference stage is our AI-controlled explanation understanding innovation, named Staitment. We permit this product to banks, handling organizations, retail location sellers, and anybody that examinations handling articulations to make cost-correlation deals recommendations. Our product speeds up the normal making of an expense correlation with minutes, contrasted with weeks.
How much funding has SwipeSum raised?
SwipeSum has raised $2.7M across 2 rounds on record. The most recent is an undisclosed round of $2.6M announced in Jun 2022.
When did SwipeSum last raise funding?
SwipeSum's most recent funding round on record is an undisclosed round of $2.6M, announced in Jun 2022.
Who is the CEO of SwipeSum?
Michael Seaman is listed as CEO at SwipeSum.
Where is SwipeSum headquartered?
SwipeSum is based in Saint Louis, Missouri, United States.
How many employees does SwipeSum have?
SwipeSum is in the 11-50 employee band.
How does SwipeSum's funding compare to other Financial Services startups?
SwipeSum's latest round of $2.6M is below the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.
About FundedIQ's SwipeSum Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SwipeSum is left off this page rather than filled in.
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