• Friedkin Group International invested in Swap’s USD 100 million Series C financing, led by DST Global with participation from ICONIQ Growth.
• Swap provides unified back-office software for e-commerce merchants, consolidating post-purchase functions into a single data layer and onboarding merchants within 24 hours.
• Company serves hundreds of brands on Shopify, citing growth in recurring revenue and net dollar retention since Series B.
• Proceeds earmarked for U.S. go-to-market expansion, deeper push into mid-market and enterprise customers, continued development of agentic commerce capabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Friedkin Group International Ltd published the original content used to generate this news brief on May 15, 2026, and is solely responsible for the information contained therein.