Russia’s SBT Venture Capital leads $6.5 million round for Canadian payment technology provider Mobeewave

Earlier this month SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, led a $6.5 million investment round for Mobeewave, a Canadian startup that develops fast and secure NFC mobile payment acceptance services. Business angels also participated in the round, but their identity has not been disclosed.


Founded in 2012, Montreal-based Mobeewave presents itself as “the world’s first and only provider of dongle-free NFC mobile payment terminal solutions enabling payment acceptance on smart devices.”


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