By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.
Recent news
Reset all
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Regulatory
Notice of Annual General Meeting

OSLO, NORWAY - 2 May 2022 - The Board of Directors of Zwipe AS (“the Company”) call for the Annual General Meeting (“AGM”) to be held on 23 May 2022 at 09:00 CEST. The general meeting will be held as a digital meeting on Microsoft Teams.

Please find enclosed the notice of the Annual General Meeting. The notice and Zwipe’s Annual Report for 2021 are available on the Company’s website, https://zwipe.com/investors.

Notice of attendance, in person or by proxy, shall be given no later than 20 May 2022 at 16:00 CEST. Shareholders are encouraged to register via the link found here.

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.

In order to be invited to the meeting, Zwipe’s administration will need to have the shareholder’s email address in advance. Shareholders must after having registered their attendance also register their email address by sending an email to ir@zwipe.com.


The Board of Directors (the "Board") has proposed the following agenda:

  1. Opening of the General Meeting by the chair. Registration of meeting shareholders
  2. Election of a meeting chairperson and person to co-sign the minutes together with the chairperson
  3. Approval of the notice and the agenda
  4. Report by the management on the Company
  5. Approval of the annual report and financial statements for 2021 for the Company and the Group
  6. Remuneration to the auditor
  7. Election of members to the Board
  8. Remuneration to the Board and the members of the Nomination Committee
  9. Proposal to grant the Board a new authorization to increase the share capital

Proposed decisions from the Board

Matter no. 5: Approval of the annual report and financial statements for 2021 for the Company and the Group

The Board proposes that the annual report and financial statements for 2021 for the Company and the Group are approved. 

Matter no. 6: Remuneration to the auditor

The Board proposes that the auditor's fees are paid as per accounts rendered.

Matter no. 7: Election of members to the Board

Subject to the general meeting's approval, the Company's Board of Directors for the period from the AGM in 2022 until the AGM in 2023 will comprise:

  • Jörgen Lantto, Chairman of the Board
  • Johan Biehl
  • Dennis Jones
  • Diderik Schonheyder
  • Stina Granberg
  • Tanya Juul Kjaer

Matter no. 8: Remuneration to the members of the Board and the members of the Nomination Committee


The Nomination Committee makes the following recommendation:

Fees to the Board for the period from the AGM in 2021 until the AGM in 2022 were resolved by the AGM on 19 May 2021.

Fees to the Board for the period from the AGM in 2022 until the AGM in 2023 is suggested as follows:

Chairman of the Board:    NOK 260.000,-

Members of the Board:     NOK 130.000,-

As to remuneration, the Nomination Committee proposes that no remuneration is paid to the members of the Nomination Committee.

Matter no. 9: Proposal on authorizations to the Board on capital increase

The Board proposes that two new authorizations for the Board on capital increases are issued, (i) to fulfil the Company's incentive program and (ii) to cater for strengthening of the Company's equity.

The Board proposes that the General Meeting adopts the following resolution:

1. Authorization for capital increase to fulfill the Company's incentive program

The Board of Directors is hereby granted authorization to increase the share capital of Zwipe AS, on one or several occasions, with up to NOK 262 616,80 (2,626,168 new shares), equivalent to 7 % of the registered share capital at the time of this resolution.

2. Authorization for capital increase to strengthen the Company's equity

The Board proposes that the General Meeting grants a new authorization to the Board to issue shares corresponding to up to 15% of the share capital, and the new authorization shall be restricted to issue of shares to strengthen the Company's equity to the extent the Board considers this to be in the Company's best interest at the given time.

The Board of Directors is hereby granted authorization to increase the share capital of Zwipe AS with up to NOK 562 750,30 (5 627 503 new shares) on one or several occasions.

The authorization may be used to issue shares to strengthen the Company's equity to the extent the Board considers this to be in the Company's best interest at the given time.

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

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 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, at 12:40 CEST on 2 May 2022

For more information, please contact:

Danielle Glenn, CFO and Head of IR
danielle@zwipe.com
+47 90998201

Regulatory
Zwipe AS – First Quarter 2022 Operational Update

OSLO, NORWAY - 28 April 2022 - Zwipe AS today publishes its first quarter operational update.

Q1 2022 Highlights

During the first quarter of 2022, Zwipe made significant progress towards the targeted commercial breakthrough for biometric cards for payment and access control:

  • Zwipe and K2 to deliver Biometric Payment Cards to Banks in the MEA Region and France.
  • Danielle Glenn appointed new CFO and Head of IR.
  • Modularsoft introduces Zwipe’s Biometric Payment Card Platform in Malaysia.
  • sKarn RoboticS selects Zwipe to strengthen its WeCript Ecosystem for India and global markets with Biometric Cards.
  • Zwipe and Qatar FinTech Hub partner to accelerate Next Generation Biometric Payment Cards.
  • Zwipe’s Biometric Payment Card Platform selected by Placard in Australia.
  • Zwipe is selected by Mediterranean Bank to pilot Biometric Payment Cards in Libya.
  • Al Mansour Bank in Iraq to pilot Biometric Payment Cards with Zwipe and areeba.
  • Visa certifies Zwipe Pay Biometric Payment Card Platform and issues Letter of Approval to Zwipe.
  • Beautiful Card Corporation and Tag Systems, part of the AUSTRIACARD Group, obtain VISA Letters of Approval for
    their own Biometric Payment Cards built on the Zwipe Pay platform.
  • Fraport AG to partner with Zwipe on project with Zwipe Access.


Significant events after the period

  • Zwipe appoints Patrice Meilland as Chief Strategy and Product Officer.
  • Zwipe is selected by the National Bank of Iraq to pilot Biometric Payment Cards.
  • Zwipe is selected by CSC-Jordan to pilot the Next Generation Biometric Payment Cards.
  • Zwipe Access integrated with LEGIC Security Platform to provide end-to-end biometric security.


Message from the CEO

Most importantly for Q1 2022, Visa certified the Zwipe Pay Biometric Payment Card Platform and issued the Letter of Approval to Zwipe. Zwipe Pay passed all tests required to obtain the Visa Letter of Approval. This is a major milestone which represents a seminal moment for the company, and the leadership is rightly proud of the achievement. With this, the Zwipe Pay biometric payment card platform is the most advanced and cost-effective certified solution available to smart card manufacturers globally. The LoA enables our customers to swiftly obtain VISA certification for their own biometric payment card designs for full-scale production and issuance in any global territory.

This was evidenced when two smart card manufacturers, Tag Systems and Beautiful Card Corporation (BCC), announced within a week of Zwipe's announcement that they had obtained Letters of Approval from VISA for their own biometric payment card solutions based on the Zwipe Pay platform. This means that the pathway is now open for smart card manufacturers and issuers all over the world to certify, produce and deploy biometric Visa cards based on Zwipe Pay for commercial launch to consumers. We are also progressing towards certification with Mastercard.

From January until mid-April 2022, a total of six new issuers across APAC, Africa and the Middle East signed up to pilot biometric payment cards based on Zwipe technology. These issuers are sKarn from India, Al Mansour Bank from Iraq, Mediterranean Bank from Libya, National Bank of Iraq, CSC Jordan and a leading bank in Kuwait. We also entered new partnerships with card personalization bureaus and service providers such as Modularsoft in Malaysia and K2sas / Card Systems Group in France and the Middle East.

We strengthened our effort in positioning Zwipe as a leading biometric company in the APAC region by announcing that Placard, Australia’s largest card manufacturer, selected Zwipe as its technology partner to pursue market opportunities for biometric payment cards and other security products. Placard delivers more than 100 million cards each year for the most established brands in the financial, retail, identification, government, loyalty and hospitality sectors and will help to accelerate the deployment of biometric payment cards to banks and consumers.

We were also delighted that US-based TSYS, one of the world's largest and most respected payment service providers, declared our partnership on their website, reflecting our announcement on 15 December 2021. TSYS, which is part of Global Payments Inc, a member of the S&P 500, produced approximately 100 million cards of all types in the United States in 2021. I recommend you read their excellent feature story about our partnership and why the two companies plan to produce an affordable, secure biometric payment card.

During 2022 we have seen a fast-growing interest in Zwipe Access, our new, batteryless biometric smart card solution for access control that offers fast and cost-efficient added security from biometrics without changing the infrastructure. Fraport AG recently launched a project to identify the optimal solution for performing a biometric comparison between the airport ID card and the person requesting access and selected Zwipe Access as one of two finalists in this prestigious innovation project. Fraport AG ranks among the world’s leading companies in the airport business, offering a full range of integrated airport management services with subsidiaries and investments around the globe. It operates 31 airports globally.

Against this background, I was also thrilled to see the successful integration of Zwipe Access on LEGIC’s end-to-end security platform. In LEGIC’s own words, Zwipe Access “…adds a revolutionary new layer of security to the huge installed base of LEGIC card-based access control systems worldwide. This innovation brings benefits that were formerly only available on smartphone solutions, while preserving existing infrastructure and drastically reducing time-to-market". The installed base of LEGIC systems comprises 100.000 installations with more than 3 million readers and 150.000 daily users.

Zwipe continues to attract top industry talent, as evidenced by the appointment of Danielle Glenn as CFO and Head of IR and Patrice Meilland as Chief Strategy and Product Officer. Ms. Glenn has spent most of her career in London and New York, working at Goldman Sachs, Caxton Associates and Bywater Capital as a global macro hedge fund manager and Chief Investment Officer, while Mr. Meilland has extensive business and technical experience in the semiconductor, mobile, and payment card industries including 7 years at Idemia and 26 years at ST Microelectronics and ST-Ericsson.

On top of obtaining our Visa certification, the addition of new customers, pilot agreements and partnerships with significant stakeholders worldwide, all contribute to the foundation for future mass-market deployment of our compelling and value-adding technology. These efforts will continue at full speed going forward. Meanwhile, we are supporting customers in getting ready for production and volume deliveries.

Whilst we deplore the Russian aggression on Ukraine, we can advise that Zwipe has no ongoing business in Russia or Ukraine and is not impacted by the war.

All in all, our long-term optimism has only been strengthened with another solid quarter. We firmly believe that millions of consumers everywhere will be using Zwipe enabled biometric payment and access cards in the years to come.
 

Financial Update 

  • Sales revenues in Q1 2022 were MNOK 0.6 (0.3).
  • Average monthly operational cash flow was MNOK -8.3 in Q1 2022 versus MNOK -6.3 in Q1 2021. The increase is due to planned increases in activity in the company as Zwipe has grown its staff in response to the increased demand for piloting and deployment of our payment and access control solutions and services.
  • The closing cash balance at the end of Q1 2022 was MNOK 130.6 (MNOK 108.9). The development in cash balance since Q4 2021 (MNOK 152.3) is primarily a result of operational cash flow of MNOK -25 and a share capital increase of MNOK 3.84.


About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries and cultures to make convenience safe and secure. We are pioneering next-generation biometric card and wearables technology for payment and physical & logical access control and identification solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.

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 above, at 08:00 CET on 28 April 2022.

Regulatory
Zwipe AS – Registration of Share Capital Increase

OSLO, NORWAY - 19 April 2022 - The share capital increase of 150,000 new shares in Zwipe AS, as resolved by the board meeting of the company on 24 March 2022, has today been registered in the Norwegian Register of Business Enterprises. The new share capital is NOK 3,751,668.50, and the new number of shares and votes is 37,516,685

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries and cultures to make convenience safe and secure. We are pioneering next-generation biometric card and wearables technology for payment and physical & logical access control and identification solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.

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 Market Oslo and on Nasdaq First North Growth Market Stockholm. 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 above, at 11:30 CET on 19 April 2022.

News
Zwipe Access integrated with LEGIC Security Platform to provide end-to-end biometric security

OSLO, NORWAY and ZURICH, SWITZERLAND –  14 April 2022 – Zwipe, a leading provider of on-card biometric solutions, has partnered with LEGIC Identsystems, one of the leading experts in end-to-end security for smartphone and smartcard-based access and mobility solutions. The partnership will provide end-to-end biometric access control solutions using LEGIC’s Security Platform.

On the backdrop of increasing requirements for security, data privacy and GDPR compliance, Zwipe and LEGIC Identsystems have successfully combined their respective high performance and innovative technologies for a next generation biometric system-on-card for access control. This solution provides highly secure multi-factor authentication integrated in an ID-Card form factor.

Speaking on the partnership, John Harvey, Head of BU Access Control at LEGIC said, “Zwipe’s embedded biometric verification in batteryless smartcards adds a revolutionary new layer of security to the huge installed base of LEGIC card-based access control systems worldwide. This innovation brings benefits that were formerly only available on smartphone solutions, while preserving existing infrastructure and drastically reducing time-to-market ”.

“We are very excited with our cooperation with LEGIC, one of the leading global providers of end-to-end security platforms for smartphone- and smartcard-based access, mobility, shared resource and industrial IoT applications. We are already working on several sharp customer cases based on LEGIC’s Security Platform. We are confident this is only the start of a long series of opportunities with LEGIC”, said André Løvestam, CEO of Zwipe.

Zwipe Access adds two-factor authentication to existing contactless card-based access control systems without the need to upgrade any of the existing infrastructures, meaning that no new readers, pin pads or cameras need be installed at the doors, gates, or turnstiles. The authorized user’s fingerprints data are captured, using the card’s integrated fingerprint sensor, encrypted, and then stored in the card's secure element.

The biometric data are not shared with anyone, and no database is needed which ensures privacy and simplifies the path towards GDPR’s compliance. The biometric verification on card ensures that only the legitimate cardholder is granted access.  Zwipe Access is contactless, batteryless and easy to use, with significantly shorter transaction time than conventional biometric access control systems.

To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 93 43 69 52  info@zwipe.com
 

About LEGIC
For over 25 years, Swiss-based LEGIC Identsystems has enabled companies from around the world to deploy solutions with demanding security requirements. Based on key management, trusted services, and secure, contactless semiconductors, the LEGIC Security Platform provides end-to-end security for smartphone- and smartcard-based access, mobility, shared resource and industrial IoT applications.

For more information, please contact Natascha Marty, Corporate Communications Manager, LEGIC Identsystems Ltd. at + 41 44 933 64 64 or natascha.marty@legic.co

News
Zwipe selected by CSC-Jordan to pilot the Next Generation Biometric Payment Cards

OSLO, NORWAY and AMMAN, JORDAN – 12 April 2022 – Zwipe and CSC-Jordan are pleased to announce their collaboration to pilot Biometric Payment Cards built on the Zwipe Pay platform. This pilot will be deployed with CSC-Jordan's own issued cards, paving the way for CSC-Jordan's client banks to also launch their new card products powered by biometrics from Zwipe. 

CSC-Jordan is an issuer, acquirer and processor, servicing many banks in Jordan and expanding into many other territories in the region. The company offers a bouquet of services and secure payment technologies in the management and operation of electronic payment systems, including processing and authorizing financial transactions, as well as connecting ATMs and point of sale (POS) networks. CSC-Jordan is licensed by both Visa and MasterCard for which they currently issue cards.

Speaking on this development, Mr. Basem Dweik, General Manager at CSC-Jordan said, “We are pleased to partner with Zwipe, a global technology brand in biometric payment cards, to bring next generation contactless payment experience – ensuring top-class security and user experience for customers. We are aiming for the pilot to commence in the early summer of 2022.”

As part of this partnership, Zwipe will support CSC-Jordan through all stages of issuing the next generation payment cards and also offer them to other issuers in Jordan. 

Ramzi Saboury, General Manager of Zwipe in the MENA Region said, “We are excited to partner with CSC-Jordan. Being a leading and multi-faceted payment company, combining its roles as issuer, acquirer and processor, CSC-Jordan is able to expand the partnership and will enable all the clients of CSC-Jordan who are interested in the next gen biometric payment cards to pilot and launch the product.”

For further information please contact: André Løvestam, CEO, +47 93 43 69 52  info@zwipe.com

###

About CSC-Jordan

At CSC-Jordan, we are proud of our role in creating the future through providing the best and latest technological solutions across all forms of electronic payments, as well as our ATM management services. We provide banks, financial institutions, retailers, companies a road to success, offering innovative solutions that are defined by their flexibility and security.

CSC-Jordan offers a bouquet of services and secure payment technologies in the management and operation of electronic payment systems. Our services include processing and authorizing financial transactions, as well as connecting ATMs and point of sale (POS) networks, along with

managing and organizing clearing and settlement procedures for financial operations. In addition, CSC is a payment services provider that exclusively issues all types of payment cards depending on our clients’ needs. We are also the proud owners and providers of the Islamic Visa credit card – Arabex. All our services respond to the developments in Jordan’s electronic payment market.

To learn more, visit www.cscjordan.com

News
Zwipe is selected by the National Bank of Iraq to pilot Biometric Payment Cards

OSLO, NORWAY and BAGHDAD, IRAQ – 4 April 2022 – Zwipe and the National Bank of Iraq are pleased to confirm that they will pilot Biometric Payment Cards built on the Zwipe Pay platform, making it one of the first pilots of the next generation contactless payment cards in Iraq.

The National Bank of Iraq (NBI) is one of the largest private banks in the country. Its majority ownership and management has been under Jordan's Capital Bank Group since 2005. The bank provides a comprehensive range of banking services to corporates and consumers. Today, NBI has 19 branches in all major cities in Iraq, a key emerging market in the Middle East seeking innovation in its payment ecosystem to minimize fraud and corruption and deliver an excellent user experience.

Speaking on this development, Mr. Ayman Abu Dhaim, CEO at the National Bank of Iraq said, “We are very pleased to partner with Zwipe, a leading technology brand in biometric payment cards globally, and areeba, a leading payment service provider in the region. We are keen to be amongst the first banks in the region to introduce this world-class innovation, ensuring that our customers are extremely well protected when using payment cards while enjoying a great user experience. We are aiming for the pilot to commence in the summer of 2022.”

Mr. Issam Adra, General Manager of areeba Iraq, added: “Biometric payment cards will make the lives of NBI’s customers frictionless, safer, and more secure. areeba is a well-known frontrunner in bringing wide-ranging payment innovations to markets. Zwipe is our well-established partner for biometric payment cards, and we are very pleased about extending our collaboration to Iraq.” 

Ramzi Saboury, General Manager of Zwipe in the MENA Region said, “We are excited to partner with the National Bank of Iraq. I am pleased that our collaboration with the Central Bank of Iraq has encouraged leading Iraqi issuers such as NBI to embrace next-generation payment cards. With 40 million inhabitants and 7 million payment cards, expected to grow to more than 10 million over the next 4 years according to the World Bank, Iraq represents a significant growth opportunity for Zwipe in the Middle East.”

About NBI

National Bank of Iraq, owned by Jordan's Capital Bank Group since 2005, provides a comprehensive range of innovative banking services to corporates and individuals in Iraq. With its extensive network of correspondent banks, Capital Bank stands as National Bank of Iraq’s gateway to global economies, as it facilitates sending and receiving internal and external transfers, granting credit facilities, and providing trade finance services. National Bank of Iraq can trade on behalf of its clients in the Jordanian market and in global markets through Capital Investments, Capital Bank’s investment arm- as well as providing trading services in the Iraq Stock Exchange through its wholly owned subsidiary.

The acquisition that Capital Bank Group undertook towards the end of 2020 of the Lebanese Bank Audi business in Jordan and Iraq reinforced the group’s expansion and presence in these two markets, as the branches of the National Bank of Iraq increased from 13 to 19 branches in all major cities.

In addition, the National Bank of Iraq is furthering its regional expansion with the recently established operations in the Kingdom of Saudi Arabia.

About areeba

AREEBA IRAQ FOR INFORMATION TECHNOLOGIES AND ELECTRONIC PAYMENT LLC (PRIVATE COMPANY) is an Iraqi entity fully regulated and licensed by the Central Bank of Iraq for issuing, processing and acquiring services under CBI license number 12, provides smarter, faster, and seamless payment solutions for banks, financial institutions, merchants, governments and individuals. Areeba-Iraq takes the business further by introducing new technologies to facilitate cashless payment in Iraq. Areeba-Iraq is ultimately owned by Areeba Holding Limited, the leading operating firm in the region; and is a principal member at Mastercard and Visa, as well as it has a strategic partnership with American Express.

For further information please contact: Issam Adra, General Manager , +9647803988098, www.areeba.iq or e-mail: iraq@areeba.iq

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure. We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and identification solutions.  We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.

To learn more, visit www.zwipe.com 

For further information please contact: André Løvestam, CEO, +47 93 43 69 52  info@zwipe.com

News
Zwipe appoints Patrice Meilland as Chief Strategy and Product Officer

OSLO, NORWAY – 1 April 2022 – Zwipe, a leading biometric fintech company, is delighted to announce that Mr. Patrice Meilland is appointed as Chief Strategy and Product Officer effective today. Mr. Meilland’s main focus areas will be strategy, strategic partnerships and Zwipe’s product portfolio and roadmap. The product management team is placed under his leadership. 

Mr. Meilland joins Zwipe from the position as SVP of Advanced Cards at Idemia, where he was responsible for Idemia’s biometric cards roadmap, including the BioSE project, as well as product lines such as eco-friendly cards, dynamic CVV cards, transport and urban mobility cards.

Mr. Meilland’s extensive business and technical experience in the semiconductor, mobile, and payment card industries include 7 years at Idemia and 26 years at STMicroelectronics and ST-Ericsson. Mr. Meilland has had P&L responsibility for businesses of over $500m and 400 persons and has acquired deep experience in strategy, business development, supply chain management, product management and more.

I am delighted and proud to welcome Patrice to Zwipe. He is a transformative leader with a global perspective and deep industry insights gathered over more than 30 years in the industry. He is highly respected, knowledgeable and connected. As Zwipe’s Chief Strategy and Product Officer, Patrice will help defining our strategy and driving our future growth with our strategic partners and the product team, enabling Zwipe to remain one of the most competitive and dynamic companies in the industry”, said André Løvestam, CEO of Zwipe.

Mr. Meilland will be a member of Zwipe’s senior management team and report to the CEO.

I am honored to join Zwipe and am looking forward to helping grow the company and its business, as well as working with the industry and ecosystem to foster adoption of biometric cards across various segments. I am also deeply convinced that, as a leading biometric fintech company, Zwipe has an important role to play in the evolution of payments and access towards biometry, and I see great potential ahead for development and growth”, said Patrice Meilland, Zwipe’s new Chief Strategy and Product Officer.

For further information, please contact: André Løvestam, CEO, +47 93 43 69 52  info@zwipe.com

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer future.  We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure.  We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and ID solutions.  We promise

our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services.  Zwipe is headquartered in Oslo, Norway, with a global presence.

To learn more, visit www.zwipe.com

News
TAG Systems obtains VISA Letter of Approval for its Biometric Payment Card built on the Zwipe Pay platform

OSLO, NORWAY - 29 March 2022 - Tag Systems, a leading provider of payment cards (and part of the AUSTRIACARD Group) has obtained the Letter of Approval (LoA) from VISA that enables the production of certified biometric payment cards using the Zwipe Pay platform.

This development confirms that Zwipe's complete solution is ready for full scale production by Tag Systems for adoption by issuers globally. Zwipe obtained its VISA Letter of Approval (LoA) for its Zwipe Pay platform on 24 March 2022, enabling smart card manufacturers working with Zwipe to swiftly obtain VISA certification for their own biometric payment card designs.

We are pleased to see the second certification granted to our customers for biometric cards based on Zwipe Pay. On behalf of everyone at Zwipe, I would like to congratulate the team at Tag Systems and Austria Card Group on this achievement. We are ready to support your deployments,” said André Løvestam, CEO of Zwipe.

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure. We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and ID solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence. To learn more, visit www.zwipe.com

For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com

Regulatory
Zwipe AS – exercise of stock options

OSLO, NORWAY – 28 March 2022 – Primary insider Lars Kristian Solheim, CFO of Zwipe AS (the "Company"), has today exercised 150,000 stock options, each giving the right to acquire one share in the Company at a strike price of NOK 6.54. The stock options have been allocated to Lars Kristian Solheim under the Company's stock option incentive program. After completion of the transaction, Lars Kristian Solheim will own 240,000 shares.

Attached is a copy of the form submitted to the Norwegian FSA, Finanstilsynet, reporting the transaction as listed above.

                                                         

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries and cultures to make convenience safe and secure. We are pioneering next-generation biometric card and wearables technology for payment and physical & logical access control and identification solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.

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 EU Market Abuse Regulation on Euronext Growth Oslo and on Nasdaq First North Growth Market Stockholm. 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 above, at 13:15 CET on 28 March 2022.

Media Inquiries

Anders Bigseth
,
VP Communications & Marketing