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Swap Raises $3.3M in Seed Funding

Swap, a Brazilian startup for financial players to create fintech products internally, raised $3.3m in seed funding. The round was led by ONEVC, with participation from other backers. The company intends to use the funds to continue to expand operations and its development efforts. Swap provides a basic infrastructure for financial players to more easily create payments tools and issue and process prepaid cards compliantly. It works with APIs and support users throughout the integration process, taking care of the regulation and of all the paperwork to enable them to focus on their customers.

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