Mswipe Technologies Pvt Ltd announced that it intends to receive $5 million in funding on July 18, 2012.


On January 9, 2013, Mswipe Technologies Pvt Ltd closed the transaction. The company received undisclosed amount in its series A round of funding led by new investor Matrix Partners India. Another new investor, Axis Bank also participated in the transaction. This was also the first institutional round of funding for the company.