Finextra:
Qvivr, a US startup promising to replace the credit, debit, gift and loyalty cards in customers’ wallets with a single card and app combo, has raised $5 million in a Series A funding round led by Khosla Ventures. Qvivr has been developing its Swyp smart wallet for the last two years, building a smartphone app and a thin metal card with a small display screen, three buttons and a rechargeable battery that lasts for up to two years.