Swap banks $40M to build tools for merchants to deal with tariffs and other cross-border trading nightmares

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Cross-border trade could become significantly more challenging with the wave of new tariffs getting introduced across different markets. Today, in a timely piece of news, a London-founded startup called Swap — which is building tools for e-commerce companies to better navigate the cross-border trading world — is announcing $40 million in funding to expand.

Iconiq Growth is leading the Series B round, with participation also from Cherry Ventures, QED Investors, Portfolio Ventures, and 9900 Capital. The funding will be used to build on the…



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Swap banks $40M to build tools for merchants to deal with tariffs and other cross-border trading nightmares


Cross-border trade could become significantly more challenging with the wave of new tariffs getting introduced across different markets. Today, in a timely piece of news, a London-founded startup called Swap — which is building tools for e-commerce companies to better navigate the cross-border trading world — is announcing $40 million in funding to expand.

Iconiq Growth is leading the Series B round, with participation also from Cherry Ventures, QED Investors, Portfolio Ventures, and 9900 Capital. The funding will be used to build on the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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