Swap secures $9M to launch Swap Global, aiming to streamline operations for DTC brands with enhanced shipping, tax solutions, and express customs. Expansion targets include the UK, Europe, and the USA.
Swap, the innovative eCommerce firm, just raised $9M in Series A funding led by QED Investors. This financial boost aims to launch Swap Global, enhancing cross-border shipment capabilities for direct-to-consumer (DTC) brands.
The funding will be used to grow marketing and sales teams and expand Swap's presence in the UK, Europe, and the USA. Swap Global will handle shipping, tracking, returns, and more, promising a smoother process for DTC brands.
Swap's platform guarantees landed costs and manages taxes and fees at global checkpoints. It also offers package protection and express customs clearance, aiming to simplify logistics for DTC brands.
With international trade at new heights, Swap's global expansion is well-timed. The platform is designed to help brands access a broader market, enhancing customer reach and improving operational efficiency.
What are your thoughts on Swap's global strategy?
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