Angel Investments

Billing and payments app Swipe raises $2-M from Y Combinator, others

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Hyderabad-based fintech startup Swipe has raised USD 2 million in a seed round led by Y Combinator, with participation from Global Founders Capital, Soma Capital, Locus Ventures, Duro Ventures, K3 Diversity Ventures, Lish Lee Jung, and Oliver Jung. Angel investors, including CRED's Kunal Shah, Justin Hamilton, GoCardless' Matt Robinson, Podium's Eric Rea, Dennis Steele and Brad Jenson, Spenmo's Mohandass Kalaichelvan, OkCredit's Gaurav Kunwar, Steven Liu, Rupert Brenninkmeijer, Deepak Garg, Deepanshu Madan, Christophe L., Kunal Bisla, Oussama Ammar, Cameron Urban, Alay Jhaveri, Sundeep Ahuja, Stefano Zorzi, Karn Jajoo, Mrunal Jhaveri, Mandar Shinde, and Alan Rutledge, also participated in the round. A billing and payments app for small businesses in India, Swipe enables businesses to create invoices quickly and send to customers over WhatsApp. It provides customers multiple ways to instantly pay, and business owners to keep track of pending payments and send reminders.

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