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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Swaypay

start up
United States - Chicago, Illinois
  • 31/03/2022
  • Seed
  • $4,200,000

The fountain of never ending spending money for the youth


Related People

Kaeya MajmundarFounder

Kaeya Majmundar United States - Chicago, Illinois

At Swaypay, we're on a mission to skyrocket Gen Z's purchasing power by re-routing the billions of advertising dollars brands spend on Facebook into social savvy shoppers' pockets.

We believe the most powerful force in the universe is putting money into the hands of people who have not typically been financial decision-makers (ie: parents do the buying) and we've devised a magnificent plan to do that in the biggest way.

Our flagship product is an app that lets social savvy shoppers earn up to 100% cash back on their purchases by posting them on TikTok. If you go viral, you can earn thousands. We've barely begun and some Swaypayers are earning $200+ on their $70 purchases...it's invigorating.

I got my entrepreneurial start accidentally when I got a deal on Shark Tank for my first product at 19. It turned into an overnight viral sensation and I became obsessed with replicating that.

After graduating college, I went on to co-create multiple viral eCommerce brands with celebrities and influencers from NBA #1 Draft Pick, Derrick Rose, and Comedian, Steve Harvey, to famous french bulldog Manny The Frenchie.

Social became such a powerful engine for us that I had to seize the opportunity to productize our tactics into a tech startup which I knew could be worth billions if we could pull it off...which led me to starting Swaypay.