Wearonize offers wearable payment devices plus a mobile app with a digital wallet that lets customers enable payment cards on wearables, set and track budgets, monitor spending and shop. Launched in August 2020 and based in Luzern, the company positions itself as a fulfilment-as-a-service provider for banks and producers. It claims Europe’s largest network of banks for wearable payments, with 75 banking houses and card issuers as of January 2022, and is active in the USA and Asia. Wearonize partners with manufacturers such as Swatch AG and has recent partnerships with Curve Ltd (USA) and BrilliantTS (South Korea). The startup is developing a wearonize marketplace for banks and producers and plans to expand its product development and customer care teams. The company raised €1,613,856 via the Companisto investment and crowdfunding round to support those plans and additional international partnerships.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2022