# Swiipr Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/swiipr-technologies

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.swiipr.com
- Total disclosed funding: $7.6M
- Latest round: Series A (Feb 28, 2024)
- Investors on record: 3

## About

Based in London, UK, and founded in 2019 by Chief Executive Officer Tara Spielhagen, Swiipr Technologies Ltd operates as a travel pay technology company providing instant payments for various airline disruptions, including flight delays, denied boarding, lost baggage, and many more. In February 2024, Swiipr Technologies Ltd raised GBP 6 million in Series A funding led by Octopus Investments, with participation from TX Ventures and Solano Partners.

Swiipr Technologies Ltd developed a mobile application platform for Android and iOS smartphones users, that enables airlines to issue instant compensation payments directly to passengers' mobile wallets and pre-paid cards. The company’s platform supports disruption scenarios, allowing airlines to compensate passengers for delays, lost baggage, denied boarding, and many more. It also offers operational payouts for crew and station expenses, ensuring funds can be issued during any disruption event. In addition, the firm’s technology supports airlines to reduce administrative costs, improving passenger satisfaction, and maintain compliance with regulatory requirements. 

The company plans to use the February 2024 funding to support its growth in product, technology, research, and the international airline market.

## Funding rounds

- Series A, Feb 28, 2024, $7.6M — Octopus Investments, TX Ventures, Solano Partners

## Investors

- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series A
- TX Ventures (https://capitalatlas.ai/funds/tx-ventures) — Series A
- Solano Partners — Series A