Name

Swipe2B

Legal name

Swipe2B

Website

https://swipe2b.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

B2B Payment Automation

NAICS

Sales Financing (522220), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Accounts Payable Automation & Supplier Payments (FSAGAJAD)

akta.pro secondary industries

Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC), B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

Keywords

• B2B payment automation
• Accounts payable software
• Commercial card payments
• Supplier enablement
• E-invoicing solutions

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. B2B Payment Processing: Swipe2B generates revenue by facilitating B2B payments between buyers and suppliers using commercial credit cards. Companies pay suppliers by card and Swipe2B processes these transactions, enabling buyers to benefit from extended credit terms (up to 55 days), rebates and cash back while suppliers receive early payments.
2. AP Automation Services: Automated accounts payable workflow and reconciliation services that eliminate the cost of processing supplier payments (bank transfer fees or cheque printing). Revenue derived from transaction processing and automation fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Swipe2B is a cloud-based B2B payment automation platform that enables enterprises to pay suppliers via commercial credit cards while crediting funds directly into suppliers' bank accounts through a proprietary card-to-bank mechanism. The platform digitizes accounts payable and accounts receivable workflows, offering a unified suite of products including AP, AR, Payment Hub, Supplier Enablement, e-Invoicing, Marketplace, and BatchPay. It integrates with ERP and Treasury Management Systems, processes payments within seconds, and is typically live within 72 hours of deployment.

Product overview

Swipe2B is a cloud-based B2B payment automation platform that offers a unified suite of automated payment solutions. The core portfolio includes Accounts Payable (AP), Accounts Receivable (AR), Payment Hub, Supplier Enablement, e-Invoicing, and Marketplace products. The platform enables buyers to pay suppliers by commercial credit card while suppliers receive funds directly into their bank accounts (card-to-bank mechanism), even when suppliers don't accept cards. BatchPay is the batch payment processing solution that automates AP workflow. The system integrates with existing ERP and Treasury Management Systems, providing real-time dashboards and automatic reconciliation.

Differentiator

Problem solved

Functional benefit

Brands

• BatchPay: A batch payment solution that automates workflow and enables early payments via commercial credit card to all suppliers. Payments are processed within seconds with cleared funds credited into suppliers' bank accounts within hours.
• Swipe2b

Products and services

• Accounts Payable (AP) Automated A/P solution that enables companies to pay suppliers faster, earn rebates, and increase working capital, transforming accounts payable from a cost center into a profit center. Targets enterprise finance and treasury teams.
• Payment Hub Multi-method payment platform supporting card and bank transfer options; companies send a payment file and suppliers get paid the way they want. Designed for enterprise AP teams.
• Supplier Enablement Instant supplier onboarding solution that allows suppliers to start accepting payments within minutes, enabling suppliers who don't accept cards to receive card payments directly into their bank accounts.
• e-Invoicing Invoice digitization solution where suppliers scan invoices that automatically feed into the ERP for reconciliation; uses OCR/AI technology to accurately read various invoice formats.
• Marketplace B2B procurement platform enabling companies to place and track orders with approved suppliers in just a couple of clicks. Inner product module of Swipe2B rather than a third-party marketplace.
• Accounts Receivable (AR) Automated A/R solution that allows companies to send invoices instantly, with customers clicking to pay and unpaid invoices automatically chased through workflow automation.
• BatchPay Cloud-based batch payment processing solution that automates AP workflow and enables early payments via commercial credit card to all suppliers. Payments are processed within seconds with funds credited to suppliers' bank accounts within hours.

Quantifiable outcome

• Up to 60% reduction in payment processing times for suppliers (Mastercard report)
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• MastercardcoreStrategic or Co-development Partner · 12 February 2017Mastercard partnered with Swipezoom (parent company) to launch Swipe2B, a cloud-based invoicing and payment solution. Mastercard's innovative and secure commercial payments solution is integrated into Swipe2B's platform, enabling buyers to place orders, receive compliant e-invoices and pay suppliers earlier at the click of a button without impacting working capital.
• Banking Partner NetworkcoreChannel Partner/ Reseller/ DistributorSwipe2B works with over 20 local and international banks offering the solution to their corporate clients across Europe, the Middle East and Africa. These banking partners enable wide distribution of Swipe2B's payment automation solutions to corporate clients seeking to optimize supplier payments.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tipalti: Tipalti provides end-to-end AP automation including supplier onboarding, invoice capture, global payments, and reconciliation. Comparable to Swipe2B's AP, e-invoicing, and Supplier Enablement modules, with stronger global coverage but no commercial-card-as-funding-source angle.
• Ramp: Ramp combines corporate cards with AP automation, expense management, and bill payment. Comparable to Swipe2B in that it uses the commercial card as the funding source for B2B payments and automates AP workflows, though Ramp is US-only and targets a broader mid-market segment.
• Plastiq: Plastiq lets businesses pay any supplier using a credit card, even when suppliers don't accept cards directly. This is the closest functional analog to Swipe2B's card-to-bank mechanism, though Plastiq is primarily US-focused and consumer/SMB-leaning rather than enterprise B2B.
• Bill.com: Bill.com is a leading cloud-based AP/AR automation platform for SMBs and enterprises, offering bill payment, invoicing, and cash flow management. Highly comparable to Swipe2B's AP, AR, e-invoicing, and Payment Hub product suite, though Bill.com focuses on the US market and bank-ACH rather than commercial card rails.
• Resolve: Resolve (formerly Balance) lets B2B buyers pay suppliers via commercial card while offering suppliers flexible payment terms, closely paralleling Swipe2B's commercial-card-funded supplier payment model. US-focused and a relevant emerging competitor in the same product category.
• Melio: Melio enables businesses to pay vendors via ACH or credit card even when vendors don't accept cards, mirroring Swipe2B's core value proposition. It is US-focused and targets SMBs, making it a direct conceptual peer though different in geography and customer profile.
• Brex: Brex issues corporate cards and offers B2B payment, expense, and bill-pay solutions for startups and enterprises. Comparable to Swipe2B's commercial-card-driven B2B payments model, with stronger card-issuing capabilities but more limited AP automation depth outside the US.

Emerging players

• Spendesk: Spendesk provides spend management, corporate cards, and AP automation for European SMBs and mid-market companies. Comparable to Swipe2B in AP/card-payment integration and a relevant European regional peer, though it does not specialize in supplier enablement via card-to-bank rails.

Broad incumbents

• Payoneer: Payoneer is a global cross-border B2B payments platform serving marketplaces, freelancers, and SMBs. Comparable as a broad incumbent in B2B payment flows with EMEA presence, but operating at a much larger scale and with different core use cases than Swipe2B's card-to-bank AP automation.
• Bottomline Technologies: Bottomline provides enterprise payment automation, AP/AR, treasury, and B2B network solutions to large corporates and banks globally. Comparable to Swipe2B in serving enterprise AP automation needs via bank channels, but as a broad incumbent rather than a niche card-to-bank specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Swipe2B