Mswipe Technologies, a payments service, secured $20 million in growth equity funding from its current investors, with Alpha Wave Global leading the fund.
Ketan Patel, the CEO of Mswipe Technologies, has been promoted to cofounder status in the fintech company. Nayantara Bhargava, who was formerly in charge of partnerships and banking, has also been promoted to chief business officer.
Mswipe Technologies, a fintech startup, has collaborated with UAE-based company Etisalat by e& and expanded its services in the UAE. In the UAE, the business has introduced uTap, one of its omnichannel payment options for merchants.