Exclusive: Swap Taps $3.3M Seed Round To Create Better Infrastructure For Fintechs

Brazil-based Swap raised a $3.3 million seed round to help financial institutions create their own internal financial technology businesses faster and more effectively.

“We are like AWS [Amazon Web Services] for payments, helping companies improve connection, experience and embed finance into their business so they can stop outsourcing those functions,” Swap`s co-founder and Chief Product Officer Ury Rappaport, told Crunchbase News.

ONEVC led the seed round, with participation from GFCSOMA CapitalBrad FloraABSeedFlourish VenturesRhombuz, Canary, Hustle Fund and Patrick Sigrist.