Swave logo — Swave rewards people for buying local.

Swave

Swave rewards people for buying local.

Founded 2019 Belgium Belgium 2 employees Pre Seed Total: $27.10M Finance, Payments

General Information

Company Name Swave
Founded Year 2019
Location Belgium Belgium +1
Employees 2
Industries Finance, Payments
Funding Stage Pre Seed
Social

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About Swave

Swave is a promising startup at the intersection of Finance and Payments, founded in 2019 and headquartered in Belgium. Their innovative approach is encapsulated in their slogan: "Swave rewards people for buying local." This catchy phrase highlights their mission to incentivize local spending through a rewards-based platform, offering potential economic benefits to communities while adding competitive value to the retail ecosystem.

The company recently raised a substantial €27.00M Series A investment on 06 January 2025. The round was led by notable investors such as Imec.xpand and the Belgian wealth fund SFPIM. This injection of capital signifies investor confidence in Swave's business model and growth trajectory.

As Swave continues to expand, its focus on local economies combined with a robust financial backing positions it as a noteworthy startup for investors seeking opportunities in the fintech space.

Taxonomy: reward points, local commerce, app-based platform, consumer benefits, loyalty programs, retail partnerships, bank integration, parking incentives, digital payments, automated rewards, multi-category rewards

Services & Products

Cashless Payment Solutions
Loyalty and Rewards Programs
Smart City Shopping Incentives

Target Customers

City Shop Patrons Local Shoppers Retail Partners Urban Dwellers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 2
Investor
•••• ••••
06 Jan 2025
Pre Seed Round •••••• 1
Investor
13 Nov 2020

Swave Alternatives & Competitors

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Swave vs
Zynk
Zynk United Kingdom

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Swave vs

The SmartIntegration Platform for CRM.

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Swave vs

Precisely. Your Data.

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FAQ About Swave

Swave rewards people for buying local.
Swave was founded in 2019.
Swave is headquartered in Belgium.
Swave operates in the following industries: Finance, Payments.
Swave has approximately 2 employees.
Swave has completed 2 funding rounds, raising a total of $27.10M. The latest funding stage is Pre Seed.
Swave offers: Cashless Payment Solutions, Loyalty and Rewards Programs, Smart City Shopping Incentives.
Top alternatives and competitors to Swave include Zynk, Integration Technologies, Inc. (dba) InterWeave SmartSolutions, OneCloud (now part of Workiva), Flowgear, SmoothPay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Swave and Zynk are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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