Zwipe Partner
“Can a biometric card platform company achieve mass-market card manufacturing volumes by licensing its single-chip fingerprint authentication technology to the world's largest card issuers and manufacturers?”
Zwipe is a Norwegian biometric payment card technology company that pioneered fingerprint-authenticated contactless payment cards. The company transitioned from early-stage biometric R&D to commercializing its Zwipe Pay ONE platform — a single-chip biometric card solution — through an expanding global network of card manufacturing and card issuance partners including IDEMIA, FSS, and ICPS. Revenue model relies on licensing its biometric card platform to card manufacturers and issuers rather than issuing cards directly. The company is listed on Euronext and raised emergency financing via a rights issue in late 2024, signaling continued capital intensity in scaling the technology.