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Mobeewave secures USD 6.5 mln funding round

Tuesday 17 February 2015 09:02 CET | News

Mobeewave, a Canadian mobile payment services provider, has secured USD 6.5 million in Series A investment in a round led by Russia-based SBT Venture Capital.

Mobeewave will use the funding to support its growth and support new market openings worldwide.

Mobeewave is a provider of dongle-free NFC mobile payment terminal products enabling payment acceptance on smart devices. The company turns an NFC-enabled phone (or other smart device) into a contactless payment terminal (mobile POS) to receive payments from Apple Pay, contactless cards or any NFC wallets without the use of any additional hardware. Mobeewave supplies services to banks and merchants.


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Keywords: Mobeewave, SBT Venture Capital, funding, round, mobile, payment, Series A, investment, NFC, POS, Apple Pay, contactless, cards, wallets, phone, fintech
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce