Norwegian biometric payment card startup Zwipe has received $14 million to add to an earlier Series B funding. Notably, the new funding was raised via an offering of 6 million new shares, from around 2,300 investors. Also, the funds were raised ahead of a planned listing of the company on Merkur Market, Oslo Bors.
Further, Zwipe says the share offer was substantially over-subscribed, and the startup expects trading to commence on or around Jan. 28. The pre-money valuation of the company is stated as NOK 189 million.