Please see attachment for minutes from the Extraordinary General Meeting of Zwipe AS, held 11, April 2019.
SAO BERNANDO DO CAMPO, BRAZIL – 9 APRIL 2019 – Biometric technology company Zwipe and Thomas Greg & Sons do Brasil (TGS), reference in Technology Solutions, Services of Identification and Printing of Security Documents in Brazil and in the world, one of the largest card manufacturers in Latin America with 55 million cards produced in 2018, have agreed to co-develop and launch biometric payment cards.
Commenting on this strategically important development President of Thomas Greg & Sons do Brasil, Hernani Finazzi said “We are excited to partner with Zwipe and leverage their industry leading expertise and intellectual property to be a first mover in Brasil with a product we believe has a strong value proposition to our customers, some of the region’s most established and fasted growing issuers.”
TGS intends to utilize Zwipe’s technology platform in bringing their biometric payment cards and other associated solutions to market. Development has begun with integration of the TGS payment card platform with Zwipe’s proprietary biometric technology with the first joint products planned for release in 2019. The two companies also confirmed that there are multiple banks in Brazil who have already engaged in serious dialogues to trial the solution.
Speaking on this important partnership André Løvestam, CEO of Zwipe said “ We are proud to partner with a leading and innovative first mover like TGS and looking forward to collaborating on new opportunities in Latin America and beyond.”
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OSLO, NORWAY - APRIL 5, 2019 - Zwipe CEO, André Løvestam, presented at the Goode Intelligence Biometric Summit yesterday at Rise New York. He shared Zwipe's views on how biometric payment cards and biometric enabled wearable devices will help further expand the prevalence of contactless payments.
Please find the presentation attached.
OSLO, NORWAY - 4 April 2019: Reference is made to the notice sent on 12 March 2019 for extraordinary general meeting on 11 April 2019 at 13:00 CET.
After issuance of the notice, the board have received a request from two shareholders for additional items to be included in the agenda for the extraordinary general meeting.
Enclosed you will find an addendum to the notice of the extraordinary general meeting relating to the shareholders request as applicable to their shareholder rights, which relates to:
As stated on the notice sent 12. March; notice of attendance, in person or by proxy, shall be given no later than 10 April 2019 at 16:00 CET. Shareholders are encouraged to register this electronically through the company’s website www.zwipe.com or through VPS Investor Services (where pin code and reference number is not needed). Alternatively, the attached form may be sent by e-mail to genf@dnb.no, or regular post to DNB Bank ASA, Verdipapirservice, NO-0021 Oslo.
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OSLO, NORWAY – 02 APRIL 2019 – Biometric technology company Zwipe and TAG Systems Group, a leading European card manufacturer announced a partnership to launch a commercial biometric payment card offering that will include a secure at-home enrolment solution.
TAG Systems is the primary card manufacturing partner for a large number of financial institutions based in Northern Europe and is a leading provider of a multitude of products for the major European based challenger banks that have seen rapid growth in the last 18 months.
Commenting on this major development in the growing biometric payment card marketplace Jon Neeraas, CEO of TAG Systems, said “we are excited to launch this partnership with Zwipe leveraging their expertise and intellectual property in this emerging product vertical” adding “we work with some of the world’s largest and fastest growing challenger banks and see their capability to launch new products in high volume, we believe financial institutions can embrace this biometric payment card technology and successfully scale up.”
TAG Systems’ subsidiaries throughout Europe including TagNitecrest in the UK, will support the commercialization of the solution by integrating Zwipe’s proprietary biometric technology platform by utilizing their expertise in card manufacturing, personalization and fulfillment services.
Speaking on this partnership André Løvestam, CEO of Zwipe, said “TAG Systems is one of most prominent card manufacturers in the Nordics and a first mover and leading supplier to European challenger banks. I am confident that this collaboration will further strengthen Zwipe’s position in the growing biometric payment marketplace.”
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OSLO, NORWAY – 01 APRIL 2019 – Biometric technology company Zwipe is pleased to announce the appointment of Dr. Robert Mueller as its Chief Technology Officer, effective today.
Dr. Mueller joins Zwipe with an impressive track record of over 20 years in senior technical development positions focusing on biometrics and smart card technology at leading companies such as Siemens, Giesecke+Devrient and BMW. His most recent role was serving as Chief Technology Officer at Next Biometrics.
At Zwipe, Dr. Mueller will lead Zwipe’s technical vision and development to ensure the company’s commercialization and long-term success. With this appointment, Zwipe will establish a European tech hub, which will complement the company’s existing research and development center in Colorado Springs, USA. Based out of Munich, Germany, the new hub will add further expertise to Zwipe on biometrics, algorithms, payment card integration, enrolment solutions and product management.
Commenting on this strong addition to the Zwipe team, CEO of Zwipe André Løvestam said “Robert brings a wealth of experience and knowledge and will be instrumental in ensuring the successful delivery of our technology platform to our expanding global customer base.”
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Oslo, 12 March 2019: Zwipe AS today publishes its annual report 2018. The report is attached to this notice and available for download at www.zwipe.com/about/ (investor relations).
The general meeting of Zwipe AS will be held Tuesday, 14 May 2019 at 13:00 CET.
For more information, please contact:
Lisbeth Breum, CFO
+47 932 28 126
lisbeth@zwipe.com
About Zwipe
Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within financial services, security and ID applications, Zwipe is “Making Convenience Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards.
To subscribe or unsubscribe to notification of Zwipe news, please visit www.zwipe.com
Oslo, Norway, February 27 2019: Biometric technology company Zwipe has selected Fingerprint Cards’ T-Shape sensor for use in the company’s latest generation offering to be submitted for certification as part of Zwipe’s commercialization efforts for biometric payment cards. The selection is based on the sensor’s performance and scalability in mass volume production.
The selection also highlights Zwipe’s first patent* describing a method of manufacturing a smartcard with an on-board biometric sensor, where first a card body is formed having a circuit embedded within it, and then a cavity is formed in the card body to expose contacts on the circuit to connect to the biometric sensor. In the card manufacturing industry this production method is commonly referred to as post-placement, enabling industrialized manufacturing techniques such as hot lamination of plastic cards without damaging the sensor.
The T-Shape sensor is specifically designed to utilize this post-placement production method as it is the most efficient means of mass producing biometric smart cards. It is expected that, over time, a significant portion of biometric smart cards will be manufactured in this method. As previously communicated, fingerprint sensor suppliers are expected to sell sensors made for post-placement directly to the card producers as they will not be fixed to the card inlay before lamination.
The patent has been granted by the European Patent Office (EPO), as well as in the United States, China, South Korea and Australia. The patent was challenged in the EPO by multiple industrial groups. As a result, the patent is currently in an appeal process which is expected to take a minimum of two years if not longer to complete and finalize. During this period the rights granted under the EPO patent are upheld for the patent holder until a final decision is rendered.
Speaking on the selection André Løvestam, CEO of Zwipe, said “we have a long-standing partnership with Fingerprint Cards and have chosen the T-Shape sensor because it gives our solution the quickest route to market, helping Zwipe offer a mass-market ready solution while leveraging our strong position in the value chain as evidenced by our patent portfolio.”
*Patent Numbers US9471825B2 / EP2842079B1 / KR 101758444B1 /CN 104380313B /AU2013252025/EP2842079B1
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About Zwipe
Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is “Making Convenience Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards. To learn more, visit www.zwipe.com
Further information:
André Løvestam, CEO
+47 930 44 040
info@zwipe.com
The offering and outcome in brief
Commenting on the capital raise André Løvestam, CEO of Zwipe, said: “Zwipe is at the forefront of a global shift towards more secure and convenient contactless payments and the market is primed for growth. We are confident that our industry leading technology and partnerships will secure a strong market position both in the short and long-term. Thanks to the new funding received, we can intensify our efforts to support our customers and partners in Making Convenience Secure.”
Commenting on the capital raise Jörgen Lantto, Chairman of the Board of Zwipe, said: “The capital raise and subsequent admission to trading at Merkur Market are important milestones for Zwipe, as the company seeks to capitalize on its strong position in the biometric payment marketplace and as the payment industry moves towards bringing biometric payment cards to consumers. We would like to thank our existing shareholders for their continued support and welcome all new shareholders to Zwipe.”
Carnegie acted as Manager and Joint Bookrunner together with Redeye in connection with the offering. In addition, Nordnet acted as Selling Agent. Advokatfirmaet Simonsen Vogt Wiig AS acted as legal advisor to the company and Advokatfirmaet Wiersholm AS acted as legal advisor to Carnegie.
Investor Relations contact:
Lisbeth Breum, CFO, +47 932 28 126 lisbeth@zwipe.com
About Zwipe
Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is “Making Convenience Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards.
To learn more, visit www.zwipe.com
OSLO, NORWAY and HYDERABAD, INDIA – 6 April 2021 – KL HI-TECH, one of India’s largest payment card manufacturers, has selected the Zwipe Pay ONE platform to deliver biometric payment cards to its clients in India and key international markets. Zwipe is a FinTech that has pioneered the development of biometric payment cards and delivered many successful pilots globally.
Founded in 1988, KL HI-TECH currently delivers a total of 128 million cards per year, of which approximately 30 million are payment cards, serving some of the largest banks in India and abroad. As per the recent Nilson Report (2020) KL HI-TECH is the 2nd largest payment card manufacturer in India and the 31st largest in the world.
KL-HI TECH engaged with Zwipe in early 2021 and after extensive evaluation of available alternatives selected Zwipe Pay ONE as the preferred biometric card platform for its next generation payment cards.
"KL HI-TECH has over three decades of experience in helping drive our clients’ growth through differentiation and innovation in payments. We are constantly seeking new technologies & innovations to enhance the payment experience to people in India and across the globe.
With the impact of the pandemic still being felt across India, consumers’ focus on safety and hygiene has increased significantly. In collaboration with Zwipe, we will deliver physical cards that will enable payments to be completely touch-less through a PIN-free checkout experience for consumers with much higher security. Our assessment shows that Zwipe Pay ONE represents the most advanced and high-performing solution and will be the first mass-market viable platform”, said P. Srinivas Rao, Chairman & CEO of KL HI-TECH.
As part of this agreement, Zwipe will provide biometric technology and technical services to enable KL HI-TECH to manufacture Zwipe Pay ONE test cards from Q2 2021. The partners are already jointly engaging with issuers in India with the aim of launching pilots from Q3 2021 and supporting the first full market launches towards the end of this year.
"We are extremely pleased that KL HI-TECH has selected Zwipe Pay ONE as their biometric payment card platform. India is one of the world’s most attractive payment markets in size, growth rates and business potential. Complementing each other, Zwipe and KL HI-TECH will leverage each other’s unique technology, product and market assets, including KL HI-TECH’s extensive relationships with the leading banks in India, the Middle East and Africa, to offer innovative biometric payment solutions,” said André Løvestam, CEO of Zwipe.
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About KL HI-Tech
KL HI-TECH Secure Print Limited (KLHT) is a leading provider of secure print products and printing solutions. Commencing its operations in 1988, KLHT has played a pioneering role in enabling secure payment transactions, banking services and facilitating tele communications in India through its secure print products.
At its sprawling state-of-the-art highly secure manufacturing facility located in Hyderabad, the company operates using stringent global standards that are required to manufacture a range of security printing products.
The company is certified by Visa, Mastercard & RuPay (National Payments Corporation of India). As per the Nilson Report (2020) KL HI-TECH is the 2nd largest banking card manufacturer in India and 31st largest banking card manufacturer in the world.
KLHT’s business ideology revolves around the prime objective of providing comprehensive, fool-proof security in critical secure print products. KLHT plays a pivotal role by manufacturing products for the following sectors:
Exporting to over 52 countries across the Globe, KLHT aims to become one of the leading suppliers of secure print products globally, whilst also pioneering innovation and change to the way payments are made in India and across the globe.
For further information please contact Kartik Shekar, VP – Projects, kartik@klhitech.com, +91 8008 188 466
About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com
OSLO, NORWAY – 18 March 2021 – The primary insider Energetic AS, owned by André Løvestam, CEO of Zwipe AS, has yesterday and today acquired a total of 416,000 shares. Energetic AS’ shareholding after the transaction is 916,000 shares.
The shares have been acquired as follows:
Euronext Growth Market in Oslo:
First North Growth Market in Stockholm:
Attached is a copy of the form submitted to the Norwegian FSA, Finanstilsynet, reporting the transactions as listed above.
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This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act § 5-12.
About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For more information, please contact:
Lars Kristian Solheim, CFO
+47 991 661 35
lars.kristian@zwipe.com
OSLO, NORWAY – 2 March 2021 – Tag Systems, a leading provider of payment cards (and part of AUSTRIACARD Group) has decided to step up its collaboration with Zwipe on biometric payment cards. The parties have been working together since 2019 and as the biometric payment cards marketplace has evolved, they are now stepping up their collaboration to bring the most advanced new biometric payment cards to issuers in Europe and North America. Tag Systems also placed a small order for Zwipe Pay ONE.
Since establishing its first card production and personalization facilities in 1999, Tag Systems has grown rapidly and joined forces with AUSTRIACARD Group. Together the group delivers 100 million payment cards each year across Europe, the Middle East and the US. While serving many large European banks, Tag Systems has also grown rapidly in the challenger bank segment, including the establishment of Tag Nitecrest in the United Kingdom and expanded reach by opening a US-based card bureau servicing the North American market.
Speaking on the partnership Jon Neeraas, CEO of Tag Systems, said “After almost two years of technology partnership, our collaboration with Zwipe has never been stronger. We are excited about the interest we see for our new biometric payment cards built on the Zwipe Pay ONE platform, which delivers the highest level of integration and performance. With increasing interest for these cards from our issuer clients, time is right to expand our collaboration and proactively develop the market and accelerate commercialization”.
As part of the new agreement, Tag Systems will proactively promote Zwipe Pay ONE biometric payment cards towards issuers and partner bureaus in Europe and the USA. The two parties have also agreed to execute a go-to-market plan to jointly sell and market these next generation payment cards.
“We are delighted with the renewed and uplifted agreement with Tag Systems, one of our long-standing partners. This will accelerate activities with issuers in Europe and the USA. Our collaboration is now entering the commercial phase where we will scale our businesses through pilots from late summer 2021 and market launches towards the end of the year. I thank Tag Systems for their continued trust in Zwipe, and look forward to a mutually rewarding partnership,” said André Løvestam, CEO of Zwipe.
To learn more, visit www.zwipe.comFor further information please contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com
About Tag Systems
Tag Systems, part of Austria Card Group, is evolving the way the payment industry moves, by seamless supply of ready-made payment cards throughout all European countries and more. Our fast-growing Group with more than 900 employees make sure we deliver high quality products and services to financial institutions.
Media Contact: Olga Baro, +376 358 321 obaro@tagsystems.net
OSLO, NORWAY – 25 February 2021 – Zwipe AS today publishes its annual report 2020.
Highlights for 2020 include:
Financials
Revenues increased to MNOK 1.8 (MNOK 1.5).
Operating expenditures were reduced to MNOK 63.7 (MNOK 96.8). In constant currency, this represents a 38% reduction. The savings resulted from the streamlining program as announced in November 2019.
EBITDA improved to MNOK -59.9 (MNOK -92.0), mainly due to the implementation of the streamlining program.
Results before tax was MNOK – 61.9 (MNOK -94.9), and earnings per share improved to NOK -1.89 (-5.98).
Cash flow from operations before financing improved to MNOK –62.1 (-85.0). The cash flow in 2020 included co-investments with Idemia of MNOK 19.7, compared to MNOK 9.3 in 2019. Adjusted for these elements, the operating cash flow was improved by 39% compared to 2019.
The Board of Directors proposes that no dividend be paid for 2020.
Significant events 2020
Zwipe listed on Nasdaq First North Growth Market in Stockholm, Sweden.
Zwipe expanded its growing network of industry partnerships covering Europe, Asia, the Middle East and Africa during 2020 including the 5 new customer partnerships announced; Masria Digital Payments, Watchdata Technologies, Toppan Forms Card Technologies, Asia Credit Card and Publicenter.
Zwipe also partnered with Liveo Research, Smart Technology Services, Wisecard and CardMatix, expanding our ecosystem to enable cost-efficient mass-volume manufacturing of biometric payment cards based on Zwipe Pay ONE.
Zwipe and Idex entered a collaboration framework for Zwipe Pay ONE. Idemia, Zwipe and Idex achieved several key milestones towards the next generation biometric card platform.
Zwipe and TietoEVRY joined forces with a landmark agreement to deliver biometric payment solutions based on the Zwipe Pay ONE solution to banks in the Nordic and Baltic regions. The agreement significantly increases our market reach as TietoEVRY is the leading provider of payment cards to issuers in these regions.
Zwipe secured a strong foothold in the Middle East through go-to-market partnerships with three leading players in card payments: areeba, Inkript and VeriTech.
Zwipe successfully completed a private placement, followed by a subsequent repair offering, issuing 7,381,315 new shares and raising approximately NOK 111 million in gross proceeds in total.
Zwipe placed an order for 300,000 units of Idex’s next generation fingerprint sensors to support the rollout of Zwipe Pay ONE.
Zwipe conducted several cardholder insight studies including some with our partners. Insights from the Nordics, UK and the United States show strong consumer interest for safer and more secure payments.
In partnership with TietoEVRY, Zwipe secured the first pilot program with Zwipe Pay ONE with OP Financial Group, the largest Financial Services Group in Finland.
Zwipe’s next-generation chip for biometric payment cards, in which Zwipe has co-invested with Idemia, obtained the ICCN security certification from EMVCo.
Significant Events after the period
Swedish fintech Vopy chose Zwipe’s biometric payment platform, Zwipe Pay ONE, for its biometric payment cards. Vopy’s partner network consists of telecom providers and financial institutions that reach millions of consumers.
Announced agreements with 4 new smart card manufacturers.
André Løvestam, CEO comments
"2020 was a landmark year for Zwipe. In 2020 we positioned the company for growth through significant expansion in our customer and partnership engagements, advances in our technology leadership, and by strengthening our organization. We have seen increased public awareness of the importance of contactless payment and a sharp rise in demand for safe and secure payment solutions. The Zwipe Pay ONE development project has now passed its most critical milestones and the first pilots incorporating Zwipe Pay ONE have already been announced. The next steps, in addition to full completion of our internal development, are to prepare our smart card manufacturers and issuers for pilots, certification and volume production, after which fully certified biometric payment cards will be available from our customers to issuers for full commercial launch,” says André Løvestam, CEO of Zwipe.
He added, “While COVID-19 has created and continues to create challenges to project execution, the elevated focus on safety following the pandemic has dramatically increased the growth of contactless transactions and transaction caps have been raised all over the world. Hygiene and safety are likely to become accelerators and game-changers for biometric payments for years to come. We experienced an unprecedented acceleration in our engagements with issuers and card manufacturers throughout 2020. We are engaging with more than 250 banks and over 40 of the world’s top 50 smart card manufacturers and our pipeline in both these segments has never been stronger. We are confident that our strategic partnerships, global technology excellence, focused engagements with issuers, as well as our end-to-end trusted advisor approach and unique one-stop-shop offering, are laying the foundation for many commercial wins ahead”.
“By bringing together leading suppliers of technology, payment cards, personalization, fulfilment services, and processing services, as well as issuers with a strong end-user focus, we have created an end-to-end ecosystem to deliver Biometric Payment Cards in key markets. We are well prepared to address a global market with strong long-term growth and value creation potential,” Løvestam concluded.
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About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For more information, please contact:
Lars Kristian Solheim, CFO
+47 991 661 35
lars.kristian@zwipe.com
This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Euronext Growth Oslo, Nasdaq First North Growth Market and the EU Market Abuse Regulation. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, at 08:02 CET on 25 February 2021.
OSLO, NORWAY – 25 February 2021 – Zwipe AS today publishes its second half-year 2020 report.
Summary Financial development for second half-year:
Revenues of MNOK 1.0 (MNOK 1.2).
Operating expenditures were reduced to MNOK 31.3 (MNOK 60.2). In constant currency, this represents a 49% reduction. The reduction is due to cost of MNOK 19 in H2 2019 related to the jointly funded development collaboration with Idemia, as well as savings as a result of the streamlining program announced in November 2019.
EBITDA improved to MNOK -29.1 (MNOK -56.6) mainly due to the implementation of the streamlining program.
Results before tax was MNOK -30.4 (MNOK -58.8), and earnings per share of NOK -0.93 (NOK -3.69).
Cash flow from operations for the second half-year of MNOK -20.1 (MNOK -51).
The Board of Directors proposes that no dividend be paid for 2020.
The annual report 2020 will be released through a separate stock exchange announcement shortly after this announcement.
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About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For more information, please contact:
Lars Kristian Solheim, CFO
+47 991 661 35
lars.kristian@zwipe.com
This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Euronext Growth Oslo, Nasdaq First North Growth Market and the EU Market Abuse Regulation. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, at 08:00 CET on 25 February 2021.
OSLO, NORWAY – 18 February 2021- The share capital increase of 21,832 new shares in Zwipe AS, as resolved by the board meeting of the company on 19 January 2021, has today been registered in the Norwegian Register of Business Enterprises. The new share capital is NOK 3,292,840.80, and the new number of shares and votes is 32,928,408.
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About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For more information, please contact:
Lars Kristian Solheim, CFO
+47 991 661 35
lars.kristian@zwipe.com
This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Oslo Børs Merkur Market and on Nasdaq First North Growth Market.
Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, at 21:10 CET on 18 February 2021.
OSLO, NORWAY – February 10, 2020 – Biometric fintech company Zwipe is pleased to announce that over the recent months it has finalized four new partnerships with prominent card manufacturers in Asia-Pacific and Europe. The combined annual card shipment from these new customers is in excess of 1 billion, of which payment cards constitute more than 150 million.
The new card manufacturers are working with Zwipe to develop and exploit the new market opportunities for biometric payments. As part of their engagement with Zwipe, these customers have chosen the Zwipe Pay ONE platform for delivering biometric payment cards to the issuers, targeting pilots before the end of 2021. Subject to positive pilot results, mass-market rollout will follow.
Commenting on these partnerships, André Løvestam, CEO of Zwipe said “We continue to see strong traction from card manufacturers all over the world to engage with Zwipe on biometric payment cards based on our Zwipe Pay ONE platform. This is well matched by interest from issuers who are keen to deliver the next generation contactless payments experience to consumers, combining the convenience and safety of truly contact-free with the security of strong biometric authentication.”
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About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants, and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For further information please contact André Løvestam, CEO, +47 991 66 135 info@zwipe.com
OSLO, NORWAY and STOCKHOLM, SWEDEN – 3 February 2021 – Biometric technology company Zwipe is pleased to announce that its biometric payment platform, Zwipe Pay ONE, has been selected by Swedish fintech Vopy, a provider of embedded financial services for telecom and financial institutions. Vopy is headquartered in Stockholm and has its R&D in Oslo.
As a commercial issuer, Vopy will issue biometric payment cards powered by Zwipe Pay ONE and delivered by card suppliers in Zwipe’s network. Vopy’s partner network consists of telecom providers and financial institutions that reach millions of consumers. In the first phase of collaboration, Vopy aims to launch a pilot in Q3 2021. Subject to a positive outcome from the pilot, Vopy aims for an initial rollout from Q4 2021, starting with 100.000 biometric payment cards by the end of this year and 500.000 cards in 2022.
Vopy is an innovative fintech specializing in embedding cross-border transfers, payments, insurance and banking services through selected social media platforms and mobile apps. This enables Vopy’s partners to quickly scale their financial services globally with efficiency, lower costs and great agility.
“As a disruptive financial services platform provider, it is crucial for Vopy to deliver a payment solution built on world-class security and user experience. Having closely followed Zwipe’s innovations in biometric payments and their global delivery network of card suppliers, our decision to go for Zwipe Pay ONE was a natural one. We are very excited about our collaboration with Zwipe and we aim to bring our strengthened financial services portfolio to partners in Asia, USA and Europe”, says Håkan Tollefsen, CEO, at Vopy AB.
Based on a unique single silicon design, Zwipe Pay ONE is the most integrated, energy efficient and mass-market viable platform for biometric payment cards. An on-card fingerprint authentication of the cardholder eliminates the need to touch a payment terminal, even for high-value transactions, ensuring a safer, more secure and hygienic in-store payment experience.
“The decision by Vopy to pilot and rollout biometric payment cards in 2021 based on Zwipe Pay ONE is a testament to our advanced and competitive technology and global delivery capabilities thanks to our card supplier network. We are grateful for Vopy’s confidence and ready to support them with biometric payment cards on their ambitious expansion journey,” says André Løvestam, CEO of Zwipe.
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Vopy is enabling Embedded Finance solutions for consumer brands, Tech providers and Financial Institutions through open APIs. The business is to embed innovative Financial Services into existing user experiences like social media and apps for mobile subscribers. Vopy also provide a fully digital bank solution within a
multitenant system to host multiple Brands in one environment. Vopy Technology AS was established in Norway in 2014 and is since November 2020 a wholly-owned subsidiary of Vopy AB (publ). Their headquarter is in Stockholm and with an R&D centre in Oslo. www.vopy.com
For further information please contact: Håkan Tollefsen, CEO, +47 99050011 hello@vopy.com
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit
www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com
OSLO, NORWAY– 28 January 2021 – The Extraordinary General Meeting (EGM) in Zwipe AS was held today. All proposed resolutions were approved unanimously in accordance with the call for the meeting. The minutes of the EGM are included as an attachment. The complete proposal, which was approved by the EGM, is available on www.zwipe.com for further reference. The attendants of the EGM represented 24.57 % of the votes in the company.
The following resolutions were made:
Election of members to the nomination committee
In accordance with the proposal from the nomination committee and the support from the board of directors, the EGM resolved to approve the following new nomination committee:
Further, the general meeting resolved to approve that Lars Windfeldt was appointed as the chair of the nomination committee.
“We are pleased to be a long-term investor in Zwipe, and we have since our first investment in Zwipe in September last year increased our shareholdings considerably. We believe the company is well positioned for success in a global market with fast-growing demand for truly contact free card payments. As part of this journey, I am happy that the general meeting approved the proposal from the current nomination committee and the board. I am looking forward to contribute in the new nomination committee and ensure Zwipe shareholders’ interests are optimized,” Niclas Eriksson of Vasastaden said.
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This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Euronext Growth Market in Oslo and on Nasdaq First North Growth Market. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, on 28 January 2021 at 11:30 CET
Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0) 528 00 399
For more information contact: Lars Kristian Solheim, CFO, +47 991 66 135 ir@zwipe.com
About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
